Japan Home closes multiple stores islandwide, Valu$ reportedly taking over

Household retail chain Japan Home has closed multiple stores islandwide. From June to July, the business shared on Facebook that it had moving out sales for its Northpoint City, Century Square, HarbourFront Centre, Buangkok Square and Hougang Mall branches. Checks by AsiaOne found that Japan Home's e-commerce site was "under maintenance". Its corporate site also posted that its membership programmes have ceased, effective July 21. Japan Home has not shared the reasons for these closures and discontinuation of services. However, staff told The Business Times that the current situation was due to a "change of management", with some saying…