Indonesia news

09 January 2017
Trans Retail Indonesia will open 30 new stores this year under the Transmart Carrefour banner. The new concept In order to attract more visits to its physical stores, the retailer has introduced a new concept which puts supermarket, department store, culinary experience and play areas for children under one roof. Satria Hamid, corporate communications general manager of Transmart Carre...
15 December 2016
Southeast Asia’s largest ecommerce site Lazada is rolling out a series of initiatives to expand its capacity in the region, with help from online grocer RedMart that it recently acquired. Successful 12.12 sales event Lazada Group’s Online Revolution, also known as 12.12, has again proven to be the biggest online shopping event in Southeast Asia, ringing up US$40.5 million in sales. With ...
13 December 2016
Netherlands-based Ahold Delhaize held a Capital Markets Day for institutional investors and analysts in which it set out elements of its strategy as a combined company. We look at three things that we learned from the day as it set out its ‘ Better Together Strategy ’. The company said that it was building from strong foundations as it prepared for the future, aided by great local brands in a...
10 November 2016
Lotte Shopping has reported a 2% increase in revenue to KRW7.9tn (US$6.9bn), while its operating profit has dropped to KRW175.56 billion won (US$153.3 m), down 10.1% from a year ago, in the three months ended September. C-stores thrive but hypermarkets suffer By business, Lotte’s hypermarkets operation has registered the biggest loss, with sales dropping 3%. it has reversed to a deficit of ...
10 November 2016
Food: improvement in large format In its food division, sales in the hypermarket and supermarket operations showed some improvement for the period despite modest like-for-like sales growth being offset by some store closures. Slightly higher margins helped to produce an increased profit compared with the same period last year. In convenience, higher sales were seen in Hong Kong, Singapore a...
02 November 2016
Hero's result for the third quarter of 2016 sees sales in the food operations impacted by both negative like-for-like sales and store closures while profitability has been improved. Fresh sales positive Improving fresh produce has been a focus of the retailer's food business and the fresh categories reported positive sales despite the decline in other categories. The retailer is taking act...
01 November 2016
Supported by Q3 results, MPPA returned to a net profit of IDR32.6bn (US$2.5m) for the first nine months in 2016. The retailer will continue to renovate its existing stores and roll out new formats. Like-for-like sales decline Like-for-like growth for YTD 2016 and Q3 2016 decreased by 2.9% and 8.9% respectively. This was mostly due to the seasonal shift of Lebaran from third quarter to secon...
21 October 2016
SPAR China had its first congress in Weihai, Shandong province in Northern China, demonstrating the freshness, choice, value and service to its Chinese and international partners. The fifth among global SPAR Partners with robust growth SPAR China reported a €1.9bn turnover in the 2015 results, at 6.8% year-on-year growth. Investment continues not only in retail with 360 stores trading today...
12 October 2016
As Delhaize continues to evolve its online offer, drive improvements in its fresh ranges and looks to expand in Indonesia, we round up news from the retailer. Delhaize opens first Drive location Local trade press publication Gondola has reported that Delhaize has opened its first Drive at its supermarket in Overijse. Gondola quoted the store’s director, Bart Vandenbosch, as saying that the ...
30 August 2016
Grocery delivery platform HappyFresh has decided to exit the Philippines and Taiwan and will focus on other core Asian markets, after its Series B funding round. Consolidate market focus for profitability The Jakarta-based company HappyFresh has decided to close its business in Taiwan and the Philippines. Instead, it will concentrate on its three other markets: Indonesia, Malaysia and Thail...