by Editor | Jun 11, 2013 | Industries, News, Retail
JAKARTA (Yosefardi) – Shares of Indonesian retail giants followed broad market correction Tuesday (June 11) with Ace Hardware falling 7.14%, while Matahari Department Stores lost 3.5% in the morning session. More than 26 million shares of Ace Hardware (ACES)...
by Editor | Jun 11, 2013 | Industries, Retail
TANGERANG (Yosefardi) – PT Midi Utama Indonesia Tbk (MIDI), operator of Alfamidi, AlfaExpress, and Lawson stores, allocates capital expenditure (capex) of Rp600 billion for this year, Investor Daily reported this morning. Suantopo Po, MIDI’s finance...
by Editor | Jun 11, 2013 | Industries, Retail
JAKARTA (Yosefardi) – PT Surya Toto Indonesia Tbk (TOTO) targets its net profit to grow by 15% this year, compared to Rp235.9 billion in 2012 while revenue is targeted to reach Rp1.7 trillion, compared to Rp1.57 trillion last year. Hanafi Atmadirdjo,...
by Editor | May 23, 2013 | Industries, Retail
NEW YORK (Yosefardi) – Coty Inc., an emerging leader in global beauty, is pleased to announce the agreement to acquire StarAsia, an established distributor of beauty products in the markets of Southeast Asia (Cambodia, Hong Kong, Indonesia, Malaysia, Singapore,...
by Editor | May 22, 2013 | Industries, Retail
JAKARTA (Yosefardi) – Taiwan-based manufacturer for IT and phone cellular, Foxconn Technology Co Ltd has partnered with property group Agung Sedayu Group for building its business in Indonesia. MS Hidayat, Industry Minister, said Foxconn will formally announce...
by Yohanes Obor | Jan 15, 2013 | Industries, News, Retail
Ismed Hasan Putro, RNI’s president director, said hypermart will be built in Bali and will cost Rp10-15 billion. He said RNI also plans to build hypermart in Bandung, Semarang, Yogyakarta, and Solo. RNI, Ismed said, also plans to build 150 outlets of Rajawali...
