Metro Holdings Limited (M01) said on Jul, 20 2026 that it will reposition its Singapore retail business after a strategic review, aiming to align more closely with changing consumer preferences and market trends.

The Group plans to phase out its large-format department stores at Metro Paragon and Metro Causeway Point when the current leases expire. It will focus instead on smaller-format outlets, multi-specialty concept stores, curated retail experiences and pop-up initiatives.

Management is assessing potential sites for these new formats and is in talks with existing and other landlords. Key considerations include location suitability, rental terms, financial viability and implementation timelines.

Metro will also continue to explore growth through its brand-management joint venture, Grand Brands Asia Pte Ltd, which specialises in international retail brands and immersive concept stores.

The company is evaluating the financial implications of the transition but does not expect a material impact on consolidated net tangible assets or earnings per share for the financial year ending Mar, 31 2027.

Metro said it will issue further announcements on material developments and advised shareholders and potential investors to exercise caution when trading its shares.