Index Living Mall opens again in Indonesia
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Thai home furnishings retailer Index Living Mall Co Ltd has opened a new store under a partnership with Indonesian-based CT Corp in Jakarta.
s in PT Retail’s Transmart Carrefour complex in the city’s CempakaPutih district. It covers 2,500 square metres of retail space.
The company’s president and CEO Pisith Patamasatayasonthi said that the company expects to open as many as five to 10 stores next year and annually until 2020 in Indonesia.
Shafie Shamsuddin, president director and CEO of PT Trans Retail Indonesia, said: “This strategic partnership is expected to provide added value for Indonesian consumers with more and more sophisticated choices of furniture products at Index Living Mall that are integrated in one area with Transmart Carrefour.
“Surely this will provide a trend of positive and complementary consumer spending needs between Transmart Carrefour and Index Living Mall as well as we help to provide place and space for local products to partner with us.”
Questions & Answers
Q.What is the size of the new Index Living Mall store in Jakarta?
What is the size of the new Index Living Mall store in Jakarta?
The new Index Living Mall store covers 2,500 square metres of retail space. It is located within the Transmart Carrefour complex in Jakarta's CempakaPutih district.
Q.Who is the local partner for Index Living Mall in Indonesia?
Who is the local partner for Index Living Mall in Indonesia?
Index Living Mall has partnered with Indonesian-based CT Corp for its operations in Indonesia. PT Trans Retail Indonesia, led by Shafie Shamsuddin, is part of this collaboration.
Q.What are Index Living Mall's expansion plans for Indonesia?
What are Index Living Mall's expansion plans for Indonesia?
The company expects to open between five and ten new stores annually in Indonesia. This expansion plan is projected to continue each year until 2020.
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