SINGAPORE – Local eatery Superfood Kitchen will enter voluntary liquidation with operations at its last outlet, in Raffles City, ceasing on Aug 31.
Superfood Kitchen faces mounting losses and was not able to agree on rental rates with the landlord, said its Singapore-listed parent, Autagco, in an Aug 31 bourse filing.
The eatery is the latest in a series of retail operators to shut down in the face of tough business conditions.
“Since its launch in 2022, Superfood Kitchen has been incurring accumulated losses amid rising operating costs and challenging business environment, with limited turnaround prospects,” said Autagco.
Superfood Kitchen had engaged its Raffles City landlord on renewal terms, but could not agree on rental…