JAKARTA (Yosefardi) – Retailer PT Hero Supermarket Tbk (HERO) PT Hero Supermarket Tbk (HERO) closed 74 outlets (Starmart and Guardian) during the first half of 2015 as failed to achieve sales target, partly due to the ban of alcoholic drinks in mini markets.
HERO then reported it suffered loss of Rp32 billion in the first half of 2015, against profit of Rp95 billion in the same period of 2014.
As at 30th June 2015, the Company operated 641 stores, comprising 53 Giant Ekstra, 155 Hero Supermarket and Giant Ekspres, 337 Guardian health and beauty stores, one IKEA and 95 Starmart convenience stores.