Indonesia news

05 April 2018
PT Matahari Putra Prima Tbk (MPPA) appoints new CEO, effective 30 April 2018. More than 35 years of retail experience Elliot Dickson has been named as the new CEO for MPPA. Mr. Dickson previously served as the Chief Operating Officer of Walmart China, responsible for more than 400 hypermarkets in China. In the supermarket business for more than 35 years, Mr. Dickson has also held senior ...
30 January 2018
Netherlands based retail group Ahold Delhaize appoints new brand president, effective 1 April 2018. More than 20 years experience Johan Boeijenga has been named as the new brand president for Super Indo. Since 2014, Mr. Boeijenga was the Chief Operating Officer and board member for the Dutch drugstore chain Kruidvat. In the supermarket business for more than 20 years, Mr. Boeijenga has h...
30 January 2018
Netherlands based retail group Ahold Delhaize appoints new brand president, effective 1 April 2018. More than 20 years experience Johan Boeijenga has been named as the new brand president for Super Indo. Since 2014, Mr. Boeijenga was the Chief Operating Officer and board member for the Dutch drugstore chain Kruidvat. In the supermarket business for more than 20 years, Mr. Boeijenga has h...
15 January 2018
Belgium-based Delhaize has announced a series of changes to its executive committee. From today, the committee is as follows   'Xavier Piesvaux - CEO Delhaize Françoise Burlet - Senior Vice President Customer Operations Marc Debussche - Senior Vice President Product, Quality, Marketing & Store Concept Kris Van Strydonck - Senior Vice President Strategy, Network Development...
11 October 2017
Lotte and Indonesian conglomerate Salim Group have officially launched their ecommerce joint venture iLotte, managed under PT Indo Lotte Makmur. The two firms have committed a US$100m budget to the project. Differentiate with authentic products Customers can shop on iLotte for branded products in fashion, food and even automobiles from Lotte Avenue and Lotte Mart, Lotte's shopping mall and ...
04 October 2017
AEON has opened its second mall in Indonesia that focuses on entertainment and food. We review the impact and consequences of a slight shift to AEON's shopping mall strategy. New interactive direction... Well known for developing shopping malls, Japanese conglomerate AEON opened their first mall in Indonesia back in 2015. Two and a half years later, they have now opened their second mall in...
18 September 2017
MPPA, the leading Indonesian multi-format retailer, has appointed William Travis Saucer as its new CEO, who will serve with immediate effect for a period of twelve months. Experience from JC Penney and Saks Mr. Saucer brings more than 37 years of retailing and management experience both in the United States and in Indonesia. Mr. Saucer began his professional career in 1973 with JC Penney an...
08 September 2017
Abu Dhabi-based hypermarket chain, LuLu, has opened its second store in Indonesia, south-west of Jakarta in Serpong, Tangerang, Banten. Further expansion expected... LuLu opened their first hypermarket and department store in Cakung, East Jakarta, last year. This was part of their $500 million investment commitment in Indonesia, spread over the next three years, with plans to open 10 new st...
18 August 2017
Alibaba has reported a revenue of US$7.4bn, a 56 percent increase year over year, and  a net income of US$2.07bn, which almost doubled from last year. The company also confirmed a US$1.1bn investment in Tokopedia. 12 million new active users Alibaba reached 466 million annual active users on its China retail marketplaces, a 12 million increase from the 12-month period ended March 31, 2017. ...
01 August 2017
Sales for the first half 2017 dropped 3.0% year-on-year to IDR6.7tn (US$0.5bn), as same store sales growth was negative. Fresh Foods and grocery division has posted positive growth of 2.5% and 0.7% respectively while sales of electronics and household categories were weaker. Despite the relatively flat sales environment, gross profit margin and operating costs are expected to improve because o...