Alfamart news

SM Investments Corporation, Philippines’ leading conglomerate, has registered a 9% growth in consolidated revenues in FY2016. Its retail arm SM Retail has also grown by 8% in revenue to PHP 276.5bn (US$5.5bn). Expansion continues The food group, which includes SM Markets (SM Supermarket, SM Hypermarket and Savemore) and WalterMart, continued to expand mostly in provincial areas last year. I...

Alfamart, leading mini-market player in Indonesian, announces full year revenue growth up 16.2% to IDR56.1tn (US$4.2bn) and gross profit up 18.1% to IDR10.9tn (US$0.8bn) for 2016. Continued expansion outside of Greater Jakarta The retailer operated 13,745 stores by the end of 2016, of which 12,336 stores are under the Alfamart banner. 65.7% of the stores are located outside of Greater Jakar...

Shirley Zhu, Programme Director IGD Singapore, assesses four of the major opportunities for online grocery retailing in Asia. Nature of ecommerce in Asia is changing Asia is the largest ecommerce region in the world and home to many ecommerce giants such as Alibaba, JD.com, Flipkart and Rakuten. Despite the fast-moving nature of the food and grocery industry, it has been slower than some...

Alfamart has reported strong sales and profit growth in H1 with continued store expansion. Increased sales and profit Total revenue increased by 21.5% in the first half of 2016 reaching IDR36,870bn (US$2.0bn). Unaudited gross profit for H1 also increased by 20.6%. New store openings mainly outside of Greater Jakarta With a network total of 12,971 stores, Alfamart group remains narrowl...

In this roundup we look at the global partnership between Alibaba and Mars Inc, the launch of a British Mall on JD.com, as well as a new agreement Alfamart has signed with Tokopedia. Mars teams up with Alibaba Mars Inc has revealed that it will form a global strategic partnership with China’s e-commerce giant Alibaba. This expands on the successful tie-ups Mars has built with Tmall, Al...

If day one was about seizing opportunities in the face of disruption, day two gave way to some of the companies and individuals causing the disruption and how others are having to adapt to the changes. Supporting local entrepreneurs, to win globally Building on some of the themes from day one and setting the tone for day two were presentations from the chief executives of two young Afri...

Alfamart is going to utilize its 10,000 store network as pickup points for its new online shopping platform Alfacart. Taking advantage of the store network Alfacart, the new e-commerce platform will carry one million products from sellers, and is expected to generation IDR1tn (US$70m) transaction. The existing shopping website Alfaonline will be replaced. The advantage of Alfacart over th...

Of the new stores, there were 244 Alfamart stores,  45 Alfamidi stores and 17 Dan+Dan stores.  Continue to focus on minimarkets By the end of Q1 2016, the largest retail chain in Indonesia Alfamart operates 12,564 stores, including 11,356 Alfamart stores, 1,070 Alfamidi stores, 38 Lawson stores and 97 Dan+Dan stores across Indonesia. Alfamart typically has a selling space of 90-100 m2 with...

Hero Supermarket, Dairy Farm's subsidiary in Indonesia, has announced that it will sell its Starmart convenience store operations. FamilyMart Indonesia takes over Hero has signed a deal to sell 80 Starmart stores to PT Fajar Mitra Indah, an Indonesian food conglomerate that owns the FamilyMart franchise in the country. After the transfer, Starmart will trade under the FamilyMart bra...

Alfamart has reported strong sales and profit in H1 with continued investment in new stores. Accelerated sales and profit Total revenue increased by 16.2% this half reaching IDR22,414bn (US$1.6bn). This is supported by similar levels of EBITDA growth of 15.7%, rising to IDR1,111bn (US$78.8m), despite rapid store investment. Continued store expansion, ahead of key competitor Alfamar...