of carrefour leaves singapore by year end; suntec city and plaza sing outlets to close

After 15 years, Hypermarket chain Carrefour will close its local outlets at Suntec City Mall and Plaza Singapura by the end of this year.



The french company released a statement

Carrefour Singapore announces the decision to close its Suntec and Plaza Singapura stores before end of 2012, since expansion and growth perspectives do not allow reaching a leadership position in the medium and long term.

In 2010, it announced that it would leave Malaysian, Singaporean and Thai markets. The closure will affect more than 380 employees.

Read more (Carrefour to close Singapore outlets by year-end)

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