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Retail Updates
Retail Updates

A promising outlook for the economy and consumer spending has retailers bullish around 2011.

Indonesian retailers expect to tie-up 3,000 suppliers this year, it is aiming to foster the growth of the small industries and to boost consumption of local made products.

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.

The world’s biggest retailer is planning to buy  Matahari

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