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Story-i Indonesia to open Apple Stores

By Sarah ChenIndonesia
1 min read
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Two more Apple Stores will open in Jakarta as part of Story-i Indonesia’s retail strategy to expand the network to 18 locations.

Story-i has formed a relationship with Singapore-headquartered retail giant Courts to open an initial two Apple stores within its large-format Courts Megastores in Jakarta. Story-i will follow up with two further stores within Courts outlets this quarter. Courts has more than than 70 locations across Indonesia as well as Malaysia and Singapore.

Like Story-i, Courts has an aggressive growth strategy, with a developed pipeline of up to 20 large-format stores. As part of this roll out, Courts has a marketing strategy including a storewide cash-back promotion on sales, extended to cover Story-i stores within its megastores.

Story-i CEO Yulius Halim says the network provides an all-important physical infrastructure for device sales and servicing that underpins its eCommerce business. As well as more stores, Story-i has been appointed the IT service centrepoint for the Courts Megastore complexes.

Singapore-incorporated Story-I has 14 Apple and related stores in Indonesia through its 95 per cent owned subsidiary Inetindo Infocom. Story-i branded stores retail Apple products and accessories, iConnect retails Samsung and Lenovo phones, computers and lifestyle accessories, and GeekZone provides software, equipment servicing and apps.

Questions & Answers

Q.

How many Apple Stores does Story-i Indonesia plan to operate in total?

A.

Story-i Indonesia aims to expand its network to 18 locations in total. The company currently has 14 Apple and related stores through its subsidiary, Inetindo Infocom, with four new stores planned this quarter.

Q.

What is the relationship between Story-i and Courts regarding the new Apple Stores?

A.

Story-i has partnered with Courts to open an initial two Apple stores within Courts Megastores in Jakarta. An additional two stores within Courts outlets are planned for this quarter, using Courts' physical infrastructure.

Q.

What services will Story-i provide within Courts Megastore complexes besides retail?

A.

Beyond retail, Story-i has been appointed as the IT service centrepoint for the Courts Megastore complexes. This allows them to offer device servicing and support within these larger retail environments.

Q.

How does Story-i's retail strategy benefit its eCommerce operations?

A.

Story-i's CEO, Yulius Halim, states that the expanded physical store network provides essential infrastructure for device sales and servicing. This physical presence is described as underpinning the company's eCommerce business.

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