Atrix laptop shop closed down?

[CyberTan]

they dying slowly , their shopfront all shrinking and u see the variety of what they selling sucks now. all china taobao stuff but put in plastic bag n resell ex ex

Tech is different . No warranty. I believe people are using more phones and tablets than computers

 

[eq2addict]

Tech is different . No warranty. I believe people are using more phones and tablets than computers

which shop is tech?

 

[TUV2008]

Every time pass by their shop see very empty inside with a big showroom I know is unsustainable, not sure what is their business value proposition. Just sell laptop in the old way cannot work any more

 

[Lasogette]

Is this developing story by @Dr.Vijay ?

https://www.hardwarezone.com.sg/pc/...atrix-dynamics-has-closed-its-physical-stores

Power sia Dr Vijay. Really is number 1

 

[daylight]

in the new already.
pass by one of the shops a few weeks ago and saw it was closed.

 

[Mechafanboy]

I think they are hoping for angel investor to bail them out. Debt is probably in the tens of millions bah. They are finished, not credit worthy liao, no one will supply them. Their press statement is pure hopium/copium..

 

[tshace]

Another example of how the "12%-of-the-total-cost" rental kills a business?

 

[whatheheck]

I went to Funan to check, really closed
The other IT shop down the hall also closed
Funan the IT mall is becoming Funan the makan mall

really wor , funan the IT (pronounce it, eat eat eat) mall

 

[networked]

Shd have just copy af and keep one showroom at suntech. Rest all do online.

 

[gilcrest]

Maybe took stocks on credit and then sell off all liao then run road don't pay supplier loh.

If so won't be the first to do so

 

[gilcrest]

Shd have just copy af and keep one showroom at suntech. Rest all do online.

Old mindset , expand gao gao till the rentals kills it. Everyone under cutting till there's little margins to live on

 

[gilcrest]

Normal in retail circles. Company get ambitious and overextend themselves. Pity the distributor who probably extend a lot of credit to them.

Rast time got this company Elmco, started in the west in JE, started expanding to old Funan, then spring a retail shop near main office plus another outpost in Jurong west.

Every month stock commitment with IPC very high, ACA also similar commitment. After no news liao

 

[Dr.Vijay]

More updates: https://www.stomp.sg/singapore-seen...rs-it-chain-atrix-dynamics-going-out-business

There's no added updates... that's my story.

 

[Tsurugi_Matsuda]

they dying slowly , their shopfront all shrinking and u see the variety of what they selling sucks now. all china taobao stuff but put in plastic bag n resell ex ex

They got Challenger Mobile at Sengkang Grand Mall (where Buangkok Bus Interchange is) before, shut down <2 months ago already......

 

[ichinisan]

Is Atrix back?

Saw their listings appear on Lazada when it was gone previously.

 

[Big Chicken]

Challenger somehow still alive after so many years. Despite their high price, they scrap their rebate program during COVID pandemic.
Selling their crappy product under Valore still can hang on.

That one sooner or later will up lorry. Their stores now very empty except for the occasional boomer or Indian tourist.

 

[Daffy7]

Is Atrix back?

Saw their listings appear on Lazada when it was gone previously.

Yah it returned?

 

[Hakuna Matata]

Is Atrix back?

Saw their listings appear on Lazada when it was gone previously.

Saw it too. But not as many products as before.

 

[huihong]

Newstead still at Nex a not ah

 

[Medicated Oil]

Newstead still at Nex a not ah

Newstead already passed away for a few years liao.