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#1
08-03-2018, 01:10 PM
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Sakae Holdings aka lousiest sushi chain in SG to close 6 more restaurants!!!!
An honorable member of the Coffee Shop Has Just Posted the Following:
Rising business costs have taken their toll on Sakae Holdings, operator of the Sakae Sushi chain, which has shuttered 10 of its 46 restaurants in the past few months. The firm also has plans to cut six more by the first half of the year. The listed company has been in loss-making mode over the last two years due to a sluggish economy and fierce competition in the food-and-beverage sector. Its fourth-quarter net loss widened to $5.2 million from $4.7 million, while revenue fell 4.2 per... Sakae Holdings aka lousiest sushi chain in SG to close 6 more restaurants!!!! Click here to view the whole thread at www.sammyboy.com. 
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