Matahari Department Store Planning Open Up To 8 Outlets This Year

By : Hariyanto And Aldi Firhand. A | Tuesday, April 03 2018 - 21:28 IWST

Matahari Departement Store (Ist)
Matahari Departement Store (Ist)

INDUSTRY.co.id - Jakarta - PT Matahari Department Store Tbk (LPPF) plans to open 6 to 8 outlets this year.

"At least two outlets will be opened before this year's Eid, located in Mamuju (West Sulawesi) and Cilegon (Banten)," said Richard Gibson, CEO of PT Matahari Department Store.

Richard considered, there is a good opportunity for companies to increase its market share by actively expanding outlets network in strategic areas.

"We are excited about the opening of these new outlets, some of which are located in the new city, giving us the opportunity to offer our merchandise products to new markets," he added.

As time passes, he is optimistic that Matahari will be in a strong position for growth as the market improves.

"With the opening of two outlets, minus one outlet whose lease period ends in Palladium, Medan, we will have 156 outlets before Idul Fitri," he explained.

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