Metro Manila (CNN Philippines, September 8) — After more than seven decades in the business, appliance store chain Automatic Centre will close its doors for good, due to the impact of the COVID-19 pandemic.
In a statement on Wednesday, Automatic Centre President and CEO Geoffrey Lim said the company’s appliance retail operations will only be running until October 10.
“The COVID-19 pandemic has caused tremendous challenges on our business and it is with much regret and trepidation that we share this news with you today,” said Lim, addressing the group’s partners.
He assured partners that the company will work closely with them for a smooth transition and closing.
Lim added that the group will also seek outside parties that may be interested in adopting the “Automatic Centre” brand name, which has been in operation since 1948.
The statement did not mention how many workers will be affected by the closure.