Nature's Farm outlet at Jem repossessed by landlord, locations now down to 5 from 12 in 2024
The Nature's Farm outlet at Jem was repossessed on April 15, according to a notice put up by landlord Lendlease Global Commercial REIT.
Stomper A shared photos of the shuttered shop unit in the Jurong East mall as well as the repossession notice.
"Company has financial problems?" wondered the Stomper.
According to the Nature's Farm website, its stores can now be found in five malls:
- Junction 8
- Bukit Panjang Plaza
- Bukit Timah Plaza
- Chinatown Point
- Century Square
The 2024 annual report of Camsing Healthcare, which owns Nature's Farm, stated that the retail chain operated 12 stores at the time of the report's publication. It also has a presence on e-commerce platforms such as Shopee and Lazada.
In response to a Stomp query, a spokesman for Nature's Farm said on May 19: "The company, as part of its regular business reviews, monitors the performance of its retail outlets and makes its operational decisions accordingly.
"The company is also augmenting its online presence and platforms to strategically increase its online reach, focusing its strategic resources on e-commerce and other platforms."
