🔥 Trending Metro Paragon and Causeway Point Stores to Close as Leases End

Metro Paragon, a prominent department store in Singapore, is slated to close as Metro Holdings shifts its retail strategy. This move is part of a broader transformation by the company to move away from traditional large-format department stores ²⁵⁸.

Details of the Closure

Metro Holdings announced on Monday, July 20, 2026, that it will not be renewing the leases for its department stores at Paragon in Orchard and Causeway Point in Woodlands ¹³. These two outlets are the last remaining large-format department stores operated by Metro in Singapore ¹¹⁰.

The decision comes after a strategic review of its retail operations, indicating a progressive shift from the traditional department store model ⁵⁶. While specific closure dates tied to lease expiration were not explicitly stated in all announcements, the company has confirmed it will cease operating these stores upon the conclusion of their current lease arrangements ³.

Reasons Behind the Strategic Shift

Metro's decision reflects a response to evolving consumer preferences and the changing retail landscape ². The company aims to pivot towards a "new flexible retail strategy" and multi-concept stores ²³⁴. This new approach is expected to involve smaller, more agile retail formats that can adapt more quickly to market demands.

Future Plans for Metro and Paragon

Metro Holdings is actively engaged in discussions with existing and other landlords to roll out these new retail multi-concept stores ³. This suggests that while the large department store format is being phased out, Metro intends to maintain a retail presence in Singapore through different models.

For Paragon mall itself, the closure of Metro is part of a larger optimization and replanning effort by its owner, CapitaLand Integrated Commercial Trust ⁴. This indicates that the space previously occupied by Metro Paragon will likely undergo redevelopment or be leased to new tenants as part of the mall's strategic enhancements.

Historical Context

Metro has a long history in Singapore's retail scene, with its department stores once being a familiar household name across multiple locations ¹⁰. The company had previously closed its six-storey flagship store at The Centrepoint in 2019 and also operated outlets in City Square and Compass Point before ⁷. The current closures mark a significant milestone in the company's retail evolution, moving further away from its traditional large-format roots.