Matahari Department Store Close Two More Stores
By : Hariyanto And Aldi Firhand. A | Monday, November 20 2017 - 11:20 IWST
Matahari Departement Store (Ist)
INDUSTRY.co.id - Jakarta - PT Matahari Department Store Tbk (LPPF) closed two outlets of Matahari Department Store (MDS) located in Taman Anggrek and MDS Lombok City Center.
Based on the letter dated November 16, 2017 sent to the suppliers, LPPF management stated that the outlet of MDS Taman Anggrek was closed due to a change of layout from the mall management. This is considered unprofitable for business in the future.
Meanwhile, the closing of MDS Lombok City Center outlets due to poor sales of shop performance, resulting from very low customer traffic.
The closing of the two stores that will still operate until next month, adding to the long list of closed outlets of MDS.
Previously, LPPF closed out MDS outlets in Pasaraya Manggarai and Pasaraya Blok M as of September.
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