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  • QASA Market Updates • Updates • Retail
     

    Metro Group, Germany's retailer, eyes Indonesian market as the destination target for expanding its wholesale market, Metro Cash & Carry, to be opened in 2012  in order to support its position as a leader in retail industry.


    Matahari Putra Prima (MPP), the country’s largest home grown department store, has targeted Rp 10 trillion in sales and opened at least 22 new hypermarts this year.


    PC sales in Indonesia is predicted to increase 36% or 5,3 million units compared to sales in last year that reached  3,9 million units.


    By looming subsidy cuts, it is expected to drive up demand for high-octane Pertamax fuel, the state oil and gas company Pertamina needed $2.5 billion to upgrade its refineries.


    Multipolar, the holding company that owns Matahari Putra Prima, will invest a worth of USD 75 million to open new Robbinz stores in China and to bolster the existing operations


    Multipolar, a company with the major holdings in department stores and hypermarkets, expects their revenue to rise by 7.2 percents to IDR 12 trillion (USD 1.34 billion) this year on growth in the retail operations


    Unusual heavy rainfalls decimating crops, most popular ingredients in the country is hovering between USD 10 to USD 11 per kilogram


    PT Indomarco Prismatama will convert 100 minimart outlets to become the premium outlets and will boost 24 hour stores and Indomaret Points to follow the consumer need’s trend


    Limitation of non subsidize fuel has opened the opportunity for foreign investor to expand their business in fuel station


    Retail giant Matahari Putra Prima (MPP) will retain and intensify its Hypermart food retail business as a wholly owned business division following the recommendations of a strategic review conducted by global investment bank Merrill Lynch


    PT Matahari Putra Prima, Indonesia’s biggest retailer by market value, will seek a “global partner” to help developing its Hypermart business after deciding to retain the units


    Turnover in modern retail is predicted to reach Rp 110 – 115 trillion in 2011 or increases 10% - 15% from achievement in 2010


    Retail entrepreneur asks the elimination of sales tax and the taxation of online sales from outside Australia


    Instant lifestyle has boosted the need of fast food in convenience place


    DHL expands its market by opening some outlets in 7-Eleven outlets


    Three world giant retailers are competing to snatch Hypermarket of PT Matahari Putra Prima


    Market software for enterprise has big potency and more segmented


    Some world’s retails giants reported have submitted offering to buy Hypermart which is owned by PY Matahari Putra Prima (MPPA).


    The World’s biggest retailer is planning to buy Matahari


    Two retail giants – Hero Group and PT Circle K Indonesia (Circle K) continue its business expansion by adding more outlets in this year and next year.

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