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PT Matahari Putra Prima Tbk (MPPA), a multi-format modern retailer in Indonesia, which operates Hypermart, SmartClub, Foodmart, Boston Health & Beauty and FMX, proudly opened its premium supermarket format, Foodmart Primo on Friday November 11, 2016, located…
A solid second quarter sent Matahari Putra Prima’s sales up 2.1 per cent in the first half to June 30. The Indonesian mixed format grocery retailer has reported net sales for the six months of Rp 7 trillion (US$560 million). Of that figure, 3.7 trillion was…
Indonesian retailers are predicting sales to drop by 36 percent year-on-year during the Muslim holy month of Ramadan and Idul Fitri, the latest sign of the country’s weakening economy. Sales are expected to reach Rp 15 trillion ($1.12 billion) during the…
Matahari Putra Prima — the operator of Hypermart, Foodmart and the Boston Well being & Magnificence retail chain — posted 60 % achieve in revenue within the first quarter, because of regular progress in gross sales. Internet revenue rose to Rp 81.6 billion…
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