PizzaExpress shuts Millenia Walk and Scotts Square, leaving just 2 outlets in Singapore
7 January 2026
1 min read

PizzaExpress shuts Millenia Walk and Scotts Square, leaving just 2 outlets in Singapore

Singapore, January 7, 2026, 07:14 (SGT)

PizzaExpress’ Singapore franchise has shut its Millenia Walk and Scotts Square outlets, cutting the British pizza chain’s local footprint to two stores. In a Jan 1 Facebook post, the franchise said the two sites ceased operations from Dec 31, 2025 and gave no reason. 1

The closures highlight the strain and turnover in Singapore’s food and beverage (F&B) sector — the restaurant and cafe trade — where brands open and shut at a brisk pace. A written parliamentary reply by the Ministry of Trade and Industry showed 3,047 F&B businesses closed in 2024, even as 3,793 new ones were registered. 2

That pressure carried into 2025. More than six in 10 food outlets that closed between January and October 2025 had been registered for five years or less, and 82% never recorded a profit, Deputy Prime Minister Gan Kim Yong said in Parliament. Restaurant Association of Singapore president Benjamin Boh said operators were fighting for a “smaller pool of customers” as Singaporeans head across the border to Johor Bahru, Malaysia, for cheaper meals, while NUS Business School professor Lawrence Loh said churn rates could become “even more dynamic” as international brands enter. 3

PizzaExpress, founded in London, expanded into Singapore in 2016 and has more than 500 restaurants worldwide. The Millenia Walk outlet opened in January 2025, but lasted less than a year; the chain had already closed its Holland Village outlet in January 2024 and opened a new site at The Star Vista the following April. 4

On its Singapore website, PizzaExpress lists only two outlets — Duo Galleria in Bugis and The Star Vista in Buona Vista — along with opening hours and phone numbers. 5

The brand has faced financial strain before. In 2020, PizzaExpress said it might close nearly 15% of its UK restaurants as part of a restructuring to cut debt and raise funding. 6

Other operators have also been trimming in Singapore’s crowded dining market. Kith Cafe founder Jane Hia said one outlet was paused because of a lull in customer traffic and told The Straits Times the industry is “highly dynamic”, according to a report by The Business Times. 7

Without an explanation for the pullback, it is hard to gauge whether this was a one-off adjustment or the start of a broader retreat in Singapore. A slimmer network leaves less room to absorb weaker demand or higher operating costs.

The closures leave PizzaExpress with a smaller Singapore presence, in a market where turnover remains high.

Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 08.02.2026

8 February 2026
LIVEMarkets rolling coverageStarted: February 8, 2026, 12:00 AM ESTUpdated: February 8, 2026, 12:18 AM EST Sprinklr (CXM) Undervalued Amid Share Price Drop, AI Growth Potential Assessed February 8, 2026, 12:11 AM EST. Sprinklr (CXM) shares hover near $6, reflecting a 21% drop over 30 days and nearly 31% decline year-to-date. Despite negative returns stretching back three years, some analysts see an intrinsic value of around $11, suggesting the stock may be undervalued. The AI-driven customer experience platform is integrating advanced AI functionalities across marketing and customer service products to capitalize on rising demand for AI-powered analytics. Key risks include potential
Tower Semiconductor stock jumps again on Nvidia optics tie-up as earnings near

Tower Semiconductor stock jumps again on Nvidia optics tie-up as earnings near

8 February 2026
Tower Semiconductor shares rose 7.7% to $139.04 Friday after announcing a collaboration with Nvidia on AI data-center networking. The stock touched $141 intraday and gained another 1% after hours. Investors await Tower’s Feb. 11 earnings for details on its silicon photonics work. No financial terms or shipment timeline were disclosed.
Longsys Electronics stock heads into Monday after new guarantees; what 301308 investors watch next

Longsys Electronics stock heads into Monday after new guarantees; what 301308 investors watch next

8 February 2026
Longsys disclosed new guarantees for a 100 million yuan Hong Kong loan and a $9 million Brazil credit line, bringing its total approved guarantee quota to 11 billion yuan and outstanding guarantees to 5.81 billion yuan. The company said all guarantees are for consolidated subsidiaries and within approved limits. Shares closed at 288 yuan Friday, down 1.6%. China inflation and credit data are due this week.
MACOM stock price steadies near highs into Monday after earnings pop and fresh filings

MACOM stock price steadies near highs into Monday after earnings pop and fresh filings

8 February 2026
MACOM shares rose 3.5% to $235.87 Friday after the company reported fiscal Q1 revenue of $271.6 million and raised its full-year data center growth outlook to 35–40%. Fidelity’s FMR LLC disclosed a 10.7% stake, while shareholder Susan Ocampo filed to potentially sell up to 100,000 shares. Stifel raised its price target to $255. MACOM expects to repay $161 million in convertible notes in March.
Octopus Energy’s Kraken lands $1bn funding round as spinout plans sharpen
Previous Story

Octopus Energy’s Kraken lands $1bn funding round as spinout plans sharpen

Eli Lilly stock rises after hours on Nimbus obesity pill deal as Ventyx talks surface
Next Story

Eli Lilly stock rises after hours on Nimbus obesity pill deal as Ventyx talks surface

Go toTop