Japan Food Town in Isetan Singapore shuttered
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Isetan’s Japan Food Town restaurants on the Singaporean department store’s fourth floor have been unexpectedly shuttered.
A Straits Times report said Isetan filed a statement with the Singapore Exchange in late January, saying that notice had been served to the development for non-payment, immediately terminating the tenancy. The food court was a collaboration between the Japan Association of Overseas Promotion for Food & Restaurants and the Cool Japan Fund, backed by the government of Japan.
Optimistic reports dating from just four years ago spoke of a long term commitment to the success of the project – those sentiments have now given way to an austere notice on Japan Food Town’s website announcing its closure and social-media announcements of promotions that faded out in late February.
At least one of the tenants has now relaunched in multi-stall restaurant Picnic Food Park down in Wisma Atria, with potentially more to follow.
Questions & Answers
Q.Why did Japan Food Town in Isetan Singapore close?
Why did Japan Food Town in Isetan Singapore close?
Isetan filed a statement indicating the development received notice for non-payment. This immediately terminated the tenancy for the Japan Food Town restaurants located on the department store's fourth floor.
Q.Who was behind the Japan Food Town project?
Who was behind the Japan Food Town project?
The food court was a collaboration between the Japan Association of Overseas Promotion for Food & Restaurants and the Cool Japan Fund. The government of Japan backed the Cool Japan Fund.
Q.What has happened to the tenants from Japan Food Town?
What has happened to the tenants from Japan Food Town?
At least one tenant has already relaunched in Picnic Food Park, a multi-stall restaurant situated in Wisma Atria. The article suggests more tenants could potentially follow suit.