Below is a list with tagged columns and company profiles.

Today's Headlines Retail

  • Indonesian Minimarkets Continue to Grow at the Expense of Supermarkets

    Turnover of Indonesian minimarkets has grown sharply. In 2014, the value of sales is expected to jump 13.5 percent to IDR 94 trillion (USD $8.3 billion) compared to this year's projection of IDR 82.9 trillion (USD $7.3 billion). Indonesia's large population (over 240 million) and rapidly urbanizing society gives rise to high demand for nearby shops where people can find their daily needs. In recent years, outlets of minimarkets have been mushrooming in Indonesian cities, particularly on Java. Outside the island of Java, there is still ample room for growth.

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  • Erajaya Swasembada: Leading Mobile Communication Products Distributor

    Erajaya Swasembada is the market leader for the distribution of mobile communication products in Indonesia. The Erajaya Group is the official distributor for ten international brands of smartphones, tablets, and android devices. These include Nokia, Apple, Samsung, Blackberry, Acer, Dell, HTC, Motorola, Sony, LG, Huawei and Venera. The Erajaya Group has grown into a large distribution network made up of 70 distribution branches, 236 stores in 27 cities and partnerships with more than 16,000 third-party re-sellers.

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  • Indonesia's Consumer Confidence Falls in July because of Rising Inflation

    According to a Bank Indonesia report that was released on Monday (19/08), consumer confidence in Indonesia has weakened after the government decided to raise prices of subsidized fuels in June 2013. The country's consumer confidence index fell 8.7 points to 108¹ in July from 117 points in June. Higher fuel prices led to higher transportation costs that subsequently made many retailers increase prices of products, thus impacting on Indonesian households' purchasing power. In July, the annual inflation rate accelerated to 8.61 percent.

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  • Ahead of Ramadan and Idul Fitri, Indonesia´s Retail Sales Grow 14.8%

    Ahead of Ramadan and Idul Fitri, Indonesia´s Retail Sales Grow 14.8%

    Data from Indonesia´s central bank, Bank Indonesia, indicate that Indonesia´s retail sales grew 14.8 percent in June 2013 compared to the same month last year. The growth was higher than expected. Previously, a survey among Indonesian retailers showed that a growth rate of 10.8 percent was expected in June. In May 2013, retail sales had climbed about 12 percent (YoY). As such, these numbers are evidence of growing domestic consumption led by the country´s rapidly expanding middle class.

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  • Mitra Adiperkasa: One of Indonesia's Leading Retail Companies

    Mitra Adiperkara Indonesia Investments Company Profile MAPI Retail Trade

    Indonesia Investments added financial highlights to the company profile of Mitra Adiperkasa (MAPI). The company is an Indonesian retail company with a diversified portfolio that includes department stores, fashion, sports equipment, food & beverages, supermarkets and lifestyle products. It has 1588 retail outlets, that contain more than 100 brands, in 56 cities throughout Indonesia. The company is franchise holder of various and numerous well-known global brands such as Starbucks, Zara and Nine West.

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  • Textile Producer Sritex Prepares Listing on Indonesia Stock Exchange

    Sritex Sri Rejeki Isman Company Profile Indonesia Investments Textile Industry

    Sri Rejeki Isman (Sritex), an integrated textile manufacturer, is offering 5.6 billion new shares (equivalent to 30 percent of its total stock equity) to the public through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). The company expects to reap about IDR 1.34 trillion (USD $136.7 million) in new funds through this IPO. The offering period is from 10 to 12 June 2013 and its listing debut is scheduled for Monday 17 June 2013. Underwriter for the IPO is Bahana Securities.

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  • Electronics Retailer Electronic City Indonesia Plans IPO in June 2013

    Electronic City Indonesia (ECI), a leading electronics retailer in Indonesia, plans to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in June 2013. According to the company's website, Electronic City is Indonesia's first modern electronic convenience store, specialized in selling electronic products for Indonesia's middle class and elite. Through the IPO, the company hopes to raise about USD $150 million which will be used for capital expenditure.

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  • Dyviacom Intrabumi Takes Over Salim Stake in Three Retail Companies

    PT Dyviacom Intrabumi Tbk, an Indonesian internet services provider, has announced to leave the information technology sector as it has not shown significant growth and instead focus on Indonesia's lucrative (food) consumption sector. For that reason it will purchase large stakes in three companies that are engaged in the country's food industry: Indomarco Prismatama, Fast Food Indonesia, and Nippon Indosari Corpindo. The combined costs amount to IDR 6.7 trillion (USD $690.7 million).

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Latest Columns Retail

  • Battle of the Retailers: Department Stores vs E-Commerce Platforms

    Battle of the Retailers: Department Stores vs E-Commerce Platforms

    After the closing of several Ramayana Department Stores and Matahari Department Stores, as well as the (planned) closing of all remaining Lotus Department Stores (per 26 October 2017) in Indonesia, Indonesia's conventional department store industry needs to come up with a new strategy or shopping concept to survive amid increasingly fierce competition from domestic and global e-commerce platforms.

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  • Retail Sector in Indonesia: Lulu Group Opens New Hypermarket

    Retail Sector in Indonesia: Lulu Group Opens New Hypermarket

    Lulu Hypermarket, the Abu Dhabi-based hypermarket chain and retail venture that was started by Lulu Group International in 2000, opened its second hypermarket store in Indonesia, and its 137th store worldwide. The new outlet in Indonesia was opened in Serpong (Tangerang, Banten). Previously, the group had already opened a hypermarket in Cakung (East Jakarta) in 2016.

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  • Government Reregulates Minimarkets & Convenience Stores in Indonesia?

    Government Reregulates Minimarkets & Convenience Stores in Indonesia?

    The government of Indonesia is studying the possibility of issuing a presidential regulation that sets new rules regarding convenience stores and minimarkets in all Indonesian provinces. The aim of this regulation would be to protect the traditional retail shops and markets of Indonesia. Indonesia's Trade Ministry is currently studying the issue. Darmin Nasution, Minister of Economic Affairs, said the new regulation would not be aimed at undermining the minimarket sector of Indonesia.

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  • Indonesian Department Stores in Focus: Ramayana Lestari Sentosa

    Indonesian Department Stores in Focus: Ramayana Lestari Sentosa

    Ramayana Lestari Sentosa, one of Indonesia's biggest department stores, is expected to see improving corporate earnings in the years ahead. In the first nine months of 2016 the company's sales reached IDR 6.4 trillion (approx. USD $492 million), or about 77 percent of the full-year sales target that was set by Danareksa Sekuritas (IDR 8.07 trillion). This strong performance is primarily supported by same-store sales growth in Jakarta (+8.7 percent y/y), Java (+7.3 percent), and outside Java (+4.1 percent).

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  • Ace Hardware Indonesia Plagued by Weak Rupiah & Purchasing Power

    Ace Hardware Indonesia Plagued by Weak Rupiah & Purchasing Power

    Ace Hardware Indonesia, one of Indonesia's leading retail companies that is engaged in the markets of home improvement and lifestyle products, is expected to show modest (single-digit) growth in 2016. Same store sales growth is estimated to grow in the range of 8-10 percent year-on-year (y/y). This modest performance is caused by weak purchasing power in Indonesia amid sluggish economic growth and due to the fragile rupiah (against the US dollar).

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  • Indonesia's Retail Sales Accelerate in November; Positive Outlook for 2014

    Indonesia's Retail Sales Accelerate in November; Positive Outlook for 2014

    Indonesian retail sales surged 14 percent in November 2013 from one year earlier (the highest growth rate since July 2013). On a month-to-month basis, Indonesia's retail sales increased 1.5 percent from October 2013. These findings were the result of a survey conducted by the central bank of Indonesia (Bank Indonesia), which surveyed 650 retailers in 10 Indonesian cities. The bank's survey also indicated that Indonesian retailers may increase prices of their products in 2014 in order to compensate for the depreciating rupiah exchange rate.

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  • Jakarta Composite Index Continues Upward Trend due to Retail Sales

    Retail sales in May 2013 rose 1.5 percent (month to month) or 8.6 percent (year on year) in Indonesia according to a publication of Indonesia's central bank (Bank Indonesia) released on Tuesday evening (16/07). The report made a positive impact on today's trading day as stocks in Indonesia's consumer goods sector rose 2.5 percent. Indonesia's main stock index (IHSG) gained 0.75 percent to end at the level of 4,679.00 points. Foreigner investors are still mostly avoiding the Indonesian stock market, but did record a net purchase today.

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  • The Rise of Matahari Department Store in Indonesia's Retail Sector

    Matahari Department Store

    Within a timespan of a few years only, Matahari Department Store has shown impressive growth. Its market capitalization increased from IDR 146 billion (US $15 million) in late 2008 to a current IDR 31.95 trillion (US $3.28 billion). The company, which sells fashion apparel, accessories and beauty products, is now the largest company in Indonesia's retail sector, outperforming other giant retailers, such as Alfa Supermarket or Hero Supermarket.

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