British health and wellness retailer Holland & Barrett has closed all 12 outlets in Singapore after nearly two decades in operation.
The brand officially announced its closure on its Instagram page today (March 10), though it is believed that some of its stores began shuttering as early as March 6.
A Holland & Barrett employee, cited by The Straits Times, shared in a Facebook post that she and her co-workers were caught off guard by the closure.
“Everything happened so quickly, and it feels like a nightmare,” she said, revealing that she had worked at the retailer for 12 years.
Customers were also left in the dark about the company’s plans to close. On March 4, a customer voiced his frustration on the Complaint Singapore Facebook Group, criticising the brand for continuing to accept new membership sign-ups for 2025.
“My $300 balance until July will be wasted since the 70% discount doesn’t allow members to use additional vouchers for payments,” he wrote in the post.
According to Holland & Barrett’s website, the company was established in 1870 and has over 1000 stores across 18 countries worldwide. The brand was brought to Singapore in 2009 by Jay Gee Enterprises through its subsidiary, MA Supplements.
At its peak, there were 27 Holland & Barrett stores in Singapore that carried a range of health products and organic food.
On March 7, an announcement in the Government’s e-gazette said the directors of MA Supplements had made a statutory declaration of its inability to continue the business because of liabilities.
A search of MA Supplements with the Accounting and Corporate Regulatory Authority also revealed that it is currently in the midst of liquidation.
Vulcan Post has reached out to Holland & Barrett for comment.
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Featured Image Credit: Holland & Barrett/ HappyCow
