Sports brand Nike Singapore leave small stores behind by stopping supply of goods to them.
Advertisements
This is a huge blow for mom-and-pop stores in Peninsula Plaza and Queensway Shopping Centre, which rely on top-selling brands to attract customers, reports the Business Times.
“Its move would force many of us out of business soon,” says Salam & Sons manager Gurbachan Singh, who has run the business for more than 30 years.
“We did business with Nike for more than 20 years. We followed their rules, never defaulted on payments nor brought in fake or parallel imports. Many of us don’t understand why they are doing this to us,” he says.