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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: The Big Story: Haidilao’s Clarke Quay closure marks 4th exit in Singapore. A warning sign for other big F&B chains here?
Description: Popular Chinese hotpot chain Haidilao is closing its flagship Singapore outlet in Clarke Quay on Aug 31 as its lease expires. The impending closure of the Clarke Quay outlet follows Haidilao’s recent shuttering of three suburban restaurants – in Bedok, Pasir Ris and Punggol – after a period of rapid expansion. Is Haidilao losing its dominance here? What does this mean for other F&B giants in Singapore? Are we just seeing a reshuffle or is the dining landscape in for a bigger shake-up? On The Big Story, Hongbin Jeong speaks with Debbie Yong, Founder and Br...