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Indonesia

Indonesia

Matahari to open 10 new outlets
PT Matahari Department Store is expanding its business following the finalization of a MOU with Mall@Bassura. The partnership will bolster Matahari’s presence in East Jakarta. The store will be located in a strategic area, with connecting access between South Jakarta, East Jakarta, and Bekasi supported by an integrated public transportation, as well as access to Jakarta’s inner ring road toll and the new Becakayu toll interchange. Matahari opened three new stores earlier in Plaza Ambarrukmo Yogyakarta, Mal Taman Anggrek Jakarta and TangCity Mall Banten, and will continue to open more new stores at Gowa in September, Bondowoso in October, Kendari and Bontang in November, and is eyeing a total expansion of 10 new stores this year.