Indonesia news

02 February 2016
In this round up we look at expansion plans, online market size prediction as well as partnership news from three online retailers in Asia. RedMart: raising US$100m for expansion RedMart, a Singapore-based online grocery retailer, is reported to be in the advanced stage of discussions related to closing a US$100m investment which will fuel its expansion in Asia. Established in 2011, ...
26 January 2016
In this Asia update, we look at the latest developments in online retail across the region, including expansion plans for Amazon India and Mobile World, as well as deregulation for e-commerce in Indonesia. Amazon injects US$250m into its Indian operation Amazon will infuse INR 1,696 crore (US$250m) into its Indian operation Amazon Seller Services, making it the largest capital invest...
22 January 2016
Belgium-based Delhaize has said fourth quarter sales rose 4.9% at identical exchange rates to €6.3 bn, with organic revenue growth of 4.9%. Including the additional 53rd week that it enjoyed in the US in 2015 the retailer said that sales 9.1%. While Delhaize’s US operations continued to see a steady growth in sales, the turnaround programme instigated in Belgium appeared to gain traction, with sa...
04 January 2016
The Indonesian convenience chain will continue to drive its phenomenal expansion in 2016, with 1,600 new stores planned across the country. Similar number of new stores to open in 2016 vs. 2015 The retailer will aim to open slightly more stores in 2016 versus last year, with 1,560 new stores having opened in 2015. The continued expansion will enable Indomaret to keep pace with the expansi...
18 December 2015
Matahari Putra Prima (MPPA) has launched a new wholesale format, called SmartClub in Tangerang, west Jakarta. Wholesale format to target B2B customers The new 8,800 sq m wholesale store has opened at Metropolis Town Square in Tangerang. The concept looks to target business customers, including hospitality businesses, traders, manufacturers, offices and other institutions. The store ...
25 November 2015
Matahari Putra Prima in Indonesia has released plans for how its will expand its store estate in the year ahead. 13 new grocery and 12 health and beauty stores The retailer aims to open 25 new stores during 2016, including nine Hypermart hypermarkets, four Foodmart supermarkets and 12 Boston health and beauty stores. The retailer is also due to expand its new wholesaling business. The...
24 November 2015
With SPAR International’s global strategy focused on growing its number of partners, its presence in key markets in Asia and the Middle East and its multi-channel capabilities, we look at developments from four SPAR operators – in Indonesia, Oman, Slovenia and the Netherlands – who are driving forward these initiatives. SPAR Indonesia targeting 55 stores by 2018 SPAR Indonesia, which began...
05 November 2015
Pan-Asian retailer Dairy Farm has revealed that softer sales growth, combined with rising costs and unfavourable exchange rates, has resulted in weaker margins than expected for the third quarter of 2015. Challenging food performance in South East Asia Dairy Farm's food business has had mixed fortunes, with satisfactory results in north Asia, offset by difficult trading conditions in ...
21 October 2015
E-commerce retailer Lazada is planning a one month sale in six South East Asian countries as part of its annual 'Online Revolution' event. Over 10 million products to half a billion customers The promotion will run from November 11 until December 12 and will reach 550m customers in Singapore, Indonesia, Malaysia, the Philippines, Thailand and Vietnam. It will feature flash sales, exclusi...
28 September 2015
Modern International, the operator of 7-Eleven stores in Indonesia has partnered with Credit Saison of Japan to fuel growth of its franchise business. New joint will finance sub-franchise store openings This joint venture in Indonesia, named PT Saison Modern Finance (SMF), will primarily focus on minimising costs for new franchise store openings, by offering competitive finance leases on...