Bankruptcy/Liquidation

Nanyang Optical closure: Other eyewear retailers offering help to affected customers, staff

Lenskart Singapore has asked to be connected with affected retail staff, opticians and optometrists.

Home-grown eye-care chain Nanyang Optical calling it quits after 65 years

At its peak in 2017, Nanyang boasted 16 outlets across the island and became known for offering a wide range of eyewear options for all budgets.

Owner of US restaurant chain Fatburger owner files for bankruptcy in latest casual-dining demise

Fatburger outlets in Singapore closed in 2023 when their operator, franchise management company Deelish Brands, was wound down.

Hour Glass co-founder Jannie Chan’s $18.9 million debt dispute sent to trial

The High Court has sent a $18.9 million dispute over alleged improper loans by bankrupt businesswoman Jannie Chan’s coffee-trading company to trial.

Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse

A retailer long loved by the rich and famous, Saks fell on hard times after the Covid pandemic, as competition from online outlets rose.

Hooters restaurant in Clarke Quay to close after 30-year run

Curious onlookers waiting for the Hooters outlet at Clarke Quay to open on Dec 29. There was no signage of the impending closure.

US luxury retailer Saks weighs bankruptcy a year after raising billions for turnaround

US chain Saks Global Enterprises, which operates its flagship Saks Fifth Avenue stores along with Bergdorf Goodman and Neiman Marcus, reported a 13 per cent year-over-year drop in second-quarter.

Robot vacuum Roomba maker files for bankruptcy after 35 years

The company will go private after handing control of the consumer robot maker to Shenzhen PICEA Robotics.

Michael Johnson’s Grand Slam Track files for bankruptcy after troubled debut season

May 3, 2025; Miramar, FL, USA; A general overall aerial view of the Ansin Sports Complex, the site of the Grand Slam Track Miami. Mandatory Credit: Kirby Lee-Imagn Images

Over 120 Johor homeowners seek help after developer declared bankrupt

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.