Alfamart news

The world's fourth most populated country has a rapidly growing middle class and a grocery industry that is growing in global importance. In this article we round up some of this weeks big news stories... Domestic convenience operators boosting presence Amid the backdrop of growing competition from foreign retailers, domestic convenience chains Indomaret and Alfamart are looking to increase...

As key Indonesian retailers report income decline in H1, we examine the market's rising costs. Sales growth tempered by income decline for Hypermart and 7-Eleven operators In the first half of the year, Matahari Putra Prima, operator of Hypermart stores, saw strong double digit revenue growth, up 18% to IDR 6.4tn. However, in the period net income decline 8% to IDR 203bn. Similarly Mo...

Leading Filipino grocery retailer SM opens its first convenience stores in key locations, following partnership with Indonesia's Alfamart. Period of experimentation to find the best fit for the market SM has opened its first three stores in Las Pinas City, Trece Martires, Dasmarinas, with a handful more to follow in Mega Manila. It is targeting densely populated areas, high traffic are...

MBV Retail Holdings Corp. plans to step up its convenience store expansion in the Philippines. The company has announced that it wants to open 100 new All Day c-stores, which formerly operated under the Finds banner, by the end of the year. Convenience to grow rapidly over the next five years All Day, which is owned by MBV Retail Holdings Corp. the retail arm of the Philippines' Villar Grou...

Parent company of leading Indonesian convenience retailer Alfamart has formed a JV to open stores in the Philippines, the Nikkei Asian Review reports. 300 stores by 2016 Sumber Alfaria announced plans to open its first distribution centre in the Philippines in the third quarter of the year, which will go on to support 20 convenience stores by the end of the year, with potential to open aro...

Leading Indonesian convenience operator Alfamart plans IDR 2tn expansion this year, for stores and distribution centres. 1,200 new stores and three new distribution centres PT Sumber Alfaria Trijaya will invest up to two trillion rupiahs in expanding its store and distribution network this year. Plans comprise of 1,200 new stores and three new distribution centres, in Karawang, Rembang ...

Indonesian convenience retailer Alfamart has raised its stake in competitor Alfamidi to 54.6% in a deal worth IDR 964.4 billion (USD 100m). Alfamart realising the great potential of Indonesia's convenience channel Convenience is the fastest growing channel in the Indonesian market. Alfamart is a leading operator in the channel, alongside Indomaret and PT Hero's Starmart. Alfamart's la...