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Today's Headlines Lotus Department Store

  • Mitra Adiperkasa to Close Its Lotus Department Stores in Indonesia

    Starting from the end of October 2017, Indonesian retail company Mitra Adiperkasa will close all of its Lotus Department Store outlets as the department store chain fails to contribute positively to the corporate earnings of the listed company. Mitra Adiperkasa is currently restructuring its department store business segment in an effort to reduce the company's operational costs.

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