Indonesia news

24 June 2015
Netherlands-based Ahold and Belgium-based Delhaize have confirmed that they intend to merge, with the two retailers targeting a completion date of the middle of 2016. The retailers say that the merger will require regulatory clearances, but do not expect any issues. Ahold and Delhaize say that the combination of the businesses will create a retailer, to be called Ahold Delhaize, with more than...
23 June 2015
Dairy Farm and Lotte Group are both understood to be looking at expanding their operations in Indonesia. PT Hero to open 10 new large format stores Dairy Farm subsidiary, PT Hero Supermarket Tbk, which operates hypermarkets, supermarkets, convenience and drugstores, plans to invest up to IDR 640bn (US$48m) as it expands its network in several regions, including Bangka and Lombok. Pl...
11 June 2015
Lawson has confirmed that it is considering new partnerships abroad and at home in order to fuel expansion and strengthen shopper loyalty. Lawson re-affirms M&A expansion strategy in Asia Outside of Japan, Lawson in Asia operates approximately 600 stores stores in China, Thailand, Indonesia and the Philippines. These stores are operated in partnership with local businesses, with the reta...
28 May 2015
A key player in the Indonesian convenience channel, Alfamart and sister company Alfamidi reveal expansion plans in the domestic market and overseas. Scaling up Philippines store network Joint venture partners Alfamart and SM Retail piloted their first Philippines stores in summer 2014, and are now poised to add 100 – 120 stores this year, reports the Jakarta Globe. Hot convenience compet...
20 May 2015
New store expansion to help meet US$1.25bn revenue target Matahari ended 2014 with the widest store network in the country, comprising of 107 hypermarkets, 21 supermarkets, 102 Boston health and beauty outlets, and 37 Foodmart convenience stores, in 60 cities in the country. Looking forward, Matahari’s president director, Benjamin Mailool, emphasised that the retailer will continue its foc...
23 April 2015
A leading player in the Indonesian grocery market, Alfamart announces full year revenue growth up 19.6% to IDR 41.7tn and gross profit up 21.4% to IDR 7.7bn. Tight competition at the top; new store openings fuelling growth Alfamart opened 1,304 new stores in the period, taking its total store network to 9,861in 2014. Combined with its partner banners Lawson, Alfamidi and Alfa Expres...
13 April 2015
Pan Asian retailer AEON's full year 2014 results reflect a difficult trading year in the Japanese market: while operating revenue grew 10.7% to JPY 7tn, operating income declined sharply by -17.5% to JPY 141.3bn. Core domestic operations fared poorly amid challenging conditions Japan accounts for 92.2% of AEON's operating revenue, and 91.5% of its operating income. Performance highlig...
08 April 2015
Japanese convenience retailer FamilyMart reports non-consolidated total store sales up  8% to JPY 1.86tn in the year ending February 2015. Tough conditions and competition impact performance in Japan In Japan, FamilyMart faced a tougher performance compared to the previous year. Store openings slowed, with 781 net openings, against plans to add 1,200. Same store sales decreased -2.2...
11 March 2015
s Alfamart enters the Philippines, the convenience operator plans to offer dine-in meals to compete in the highly competitive convenience market. Ready-to-eat meal deals response to convenience demand Joey Mendoza, president of SM supermarket which is the operator of Alfamart, told The Manila Time that the chain is piloting ready-to-eat ranges and seating areas in some stores before decidin...
10 March 2015
Multiformat operator Matahari Indonesia has announced its full year 2014 results, saying it generated sales of IDR13.6 tn (US$ 1bn), with year-on-year growth of 14.1%, and that its operating profit was up 58.2% to IDR626 bn (US$48 mn). Network expansion and restructuring accelerate growth momentum In 2014, Matahari added 42 new stores, comprising eight hypermarkets, 28 Foodmart and six Bos...