Courts Archives - Page 2 of 3 - Inside Retail Asia
Indonesia is ranked the fifth best market for retail investment in the latest Global Retail Development Index.
Electronics and furnishings retailer Courts Asia has reported a modest 0.3 per cent increase in profits for the third quarter – against a background of a stagnant domestic market.
Courts Indonesia has opened its second megastore – inside BSD City, about 42 km west of Jakarta.
Singapore-headquartered Courts Indonesia will open a second megastore outside Jakarta in December.
Singapore furniture and electrical goods retailer Courts will open its first JYSK store in store this weekend.
Singapore-based furniture and electrical goods retailer Courts Indonesia sees strong growth opportunity in Indonesia.
Strong sales in Malaysia and Indonesia have buffered electronics and furniture retailer Courts Asia from Singapore’s retail downturn.
Singapore-based electronics and homewares retailer Courts has reported a quarterly profit fall of 6.4 per cent.
Singapore’s Courts is to open stores-in-stores for US chain Ace Hardware and Danish brand JYSK.
Singapore listed electrical and furniture retailer Courts Asia has reported a 27.9 per cent drop in first quarter profit. In its key Singapore market, which accounts for 66.3 per cent of group sales, it recorded a 5.9 per cent drop due to less participation in trade show days and weakened consumer sentiment. In Malaysia, sales rose 8.2 per cent, with new stores opened in the second half of last financial year contributing to the growth. Total group sales were S$194.1 million for the qua…
Furniture and electronics retailer Courts is to open up to 12 mega stores across Indonesia over the next five years. According to Courts Indonesia CEO Roy Santoso, four of the mega stores will be ‘big boxes’ with the remainder in shopping malls. The first big box store is scheduled to open in October in Bekasi, West Java. It will span 12,000 sqm over two floors with an investment capital of around US$3-4 million. Santoso said 30 per cent of the big box store will be allocated for IT and…
Courts plans to grow its footprint in Malaysia by 10 per cent, opening six new stores this year. Last year, the retailer opened two big box mega stores and four small format stores, taking its count to 64. Courts Malaysia CEO Allard Sjollema said the company is committed to further developing and growing the store portfolio in both west and east Malaysia despite the challenging short term macro economic environment. “We are looking for the sites to open these stores, but we are definite…