43 Matahari Stores are located in the Jabodetabek area.

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18/09/2017 16:01 WIB

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Number of Matahari Department Store Outlets by Region (June 2016 - June 2017)

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Number of Matahari Department Store Outlets by Region (June 2016 - June 2017)

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By the end of June 2017, PT Matahari Department Store Tbk (Matahari) had 155 stores. Of these, 43 were located in Jakarta, Bogor, Depok, Tangerang, and Bekasi (Jabodetabek). However, this number will decrease by two by the end of this month with the closure of Matahari stores in Pasaraya Blok M and Manggarai.

Meanwhile, the number of stores in Java (outside Jabodetabek) totaled 50, an increase of three stores from the end of 2016. Outside Java, there were 62 stores, an increase of one from the end of last year. Therefore, during the first half of 2017, the Lippo Group-owned retail company added 4 stores.

Sales from Matahari stores in Jabodetabek contributed 28.4 percent to the company's total gross sales of Rp 10 trillion (LPPF stock code). Sales in Java (outside Jabodetabek) amounted to 35 percent, and outside Java reached 36.6 percent.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."