Indonesia Latest News - Inside Retail Asia
Pizza Hut Indonesia operator Sarimelati Kencana is planning an IPO to raise US$58.7 million.
American girls fashion brand Justice and Kanmo Group have launched an Indonesian e-commerce store.
Ramadan month is the most popular time for online shopping in Indonesia, data from Priceza Indonesia shows.
South Korean roasted-chicken franchise Goobne has opened its first Indonesian outlet, in Jakarta.
Asia’s leading convenience retailers are predicted to grow 6.6 per cent a year to 2022 by US$5.1 trillion, according to IGD research.
Matahari Putra Prima (MPPA) has appointed a new CEO and president, and plans to raise IDR800 billion (US$58 million) in fresh capital.
Singapore-based lifestyle marketplace Zilingo has raised US$54 million in series-C funding, taking its total capital raised to $82 million.
Indonesian hypermarket chain Matahari Putra Prima lost US$86.8 million last year but still describes that as a “success”.
Swiss travel retail operator Dufry says its sales in its Asia-Australia-Middle East division rose 5.4 per cent last year.
New Zealand donut maker Epiphany cafe wants to expand into the Philippines, Indonesia, Malaysia and Singapore.
Samsonite Asia sales lept 16 per cent last year, driven by the acquisition of Tumi.
Fast Retailing will open a Uniqlo shop on Sumatra Island, its first outlet outside Indonesia’s main island of Java.