#Maxim indonesia 2014 full
#Maxim indonesia 2014 free

Jakarta today boasts more than a hundred shopping malls. Through local subsidiary PT Lotte Shopping Indonesia, the Korean retail giant is fanning out into the regions and opened several new Lotte Mart hypermarkets in 2013.

#Maxim indonesia 2014 free

South Korea's Lotte Group is increasing its presence in Indonesia with hypermarkets, wholesalers, duty free shops and department stores, after first entering the market in October 2008 through the takeover of 19 stores from PT Makro Indonesia.

in January 2013, continued its expansion in 2013 and at the end of the year had 85 Carrefour hypermarkets in 28 cities, making it the country's leading hypermarket operator.

#Maxim indonesia 2014 full

PT Trans Retail Indonesia, which acquired full ownership of Carrefour Indonesia after acquiring the missing 60% stake from former French parent company Carrefour S.A.The company has announced plans to вЂњbuild a substantial multi format presence in burgeoning cities across the archipelago.вЂќ Hero funded its growth strategy with a rights issue in June 2013 and will diversify its business with the opening of Indonesia's first IKEA store in late 2014, according to the company's Annual Report. PT Hero Supermarket, which apart from the Hero chain of supermarkets also owns the Giant hypermarkets, Starmart mini-markets and the Guardian chain of pharmacies, opened a net 77 new stores in 2013.The company, which focuses on fast-moving consumer goods (FMCG) but also sells apparel, books and electrical goods, had a total store count of 222 in more than 60 cities at the end of 2013 and is committed to further expansion, according to its 2013 Annual Report. Matahari Putra Prima, which owns the Hypermart chain of supermarkets as well as the Foodmart chain and Matahari department stores, opened 39 new stores across the country in 2013, comprising 19 Hypermarts, 3 Foodmarts and 17 Boston Health & Beauty outlets. Leading retail companies are expanding their operations in the Indonesian market: The expansion of modern retail, coupled with the overall growth momentum in consumer spending, opens up a host of opportunities for foreign-based franchisers and retailers to set up shop across Indonesia and build on their brand value and competency in running outlets. And like in the capital, the traditional local markets that were once the centre of retail activity are being increasingly replaced by efficient hypermarkets and mini markets, with the latter being particularly popular among Indonesia's young population (See The Rise of Modern Retail Outlets). Taking note of this trend, both local and foreign retail companies are pursuing ambitious expansion plans to develop new markets in the so-called secondary cities, where rising purchasing power is fuelling a similar consumption boom to that already seen in Greater Jakarta. These three Javanese cities were followed by North Sumatra's capital of Medan (+17%) and North Sulawesi's Manado (+14%).

By contrast, sales over the same one-year period rose by 33% in Bandung, 31% in Semarang and 23% in Surabaya. A closer look at the Bank Indonesia figures reveals that retail sales grew at a modest 7% in Jakarta between January 2013 and January 2014 and declined by 13% in the Balinese capital of Denpasar. Source: Bank Indonesia Modern retail spreading to the regionsДЄ major geographic shift is taking place in Indonesia's retail landscape, with the centre of attention increasingly moving from Greater Jakarta and Bali's main tourist areas to regional capital cities across the country.