Matahari Wins Bronze in 2017 Retail Asia Pacific Top 500 Award

Matahari Department Store, Indonesia’s largest department store retailer of fashion, beauty and home products, received bronze medals in the 2017 Retail Asia Pacific Top 500 Award in the categories of top department store retailers and top three retailers in Indonesia, in an event held at Westin Hotel Kuala Lumpur on Tuesday (24/10).

According to an official statement we received on Friday, the awards were presented to outstanding retailers from major countries across the Asia Pacific, including Australia, Hong Kong, Indonesia, Malaysia, the Philippines, South Korea, Thailand, China, India, Japan, New Zealand, Singapore, Taiwan and Vietnam.

Retail Asia, auditing firm KPMG and Euromonitor International ranked retailers across 14 countries according to performance and categorized by outlet types. Matahari is included in the department store category.

Matahari won the award for its ability to adapt to changing habits of customer who rely more on online shopping in the digital era.

The retailer recently announced a partnership with Walt Disney Company  to increase the number of visitors coming to its chain of stores.

Matahari currently operates 155 outlets across the country, and plans to open three new stores by the end of the year.

Print Friendly, PDF & Email

Get the latest retail insights from Asia

just leave your details and we'll send it over

X