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Retail Asia28/11/2019

Indonesian convenience-store chain Alfamart plans to open 100 new stores in the Philippines by year end. Since opening its first Philippine store in 2014, Alfamart has grown its store network to around 600 stores, which are operated by its local partner SM Retail. Alfamart corporate affairs director Solihin says they have set up a subsidiary […]

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Retail Asia06/03/2019

Mini-mart chain Alfamart will open 200 new stores in the Philippines next year, according to a Fitch Ratings report. It said Alfamart Philippines stores already has 400 stores in the country, of which 180 were opened this year in partnership with local operator and majority stakeholder SM Group. The 200 new stores will take its […]

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Retail Asia20/12/2018

Mini-mart chain Alfamart will open 200 new stores in the Philippines next year, according to a Fitch Ratings report. It said Alfamart Philippines stores already has 400 stores in the country, of which 180 were opened this year in partnership with local operator and majority stakeholder SM Group. The 200 new stores will take its […]

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Retail Asia02/10/2018

Indomaret convenience store chain leads the rankings of Indonesia’s top 10 retailers. The Indomarco Prismatama-owned convenience store chain achieved sales of US$4.89 billion last year, followed by Alfamart with $3.97 billion, according to Euromonitor. Speaking at a conference where Indonesia’s top 10 retailers were revealed, Euromonitor’s Dhea Sutanto said Indomaret’s success was likely attributable to […]

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Retail Asia11/04/2018

Alfamart Philippines owner Sumber Alfaria Trijaya plans to add 150 more outlets to its present 400. The Indonesian convenience store’s president/director Hans Prawiraafter says a deal for financing has been signed with Standard Chartered Bank in Jakarta. He says the current outlets are in greater Manila, but following “significantly positive” market response based on same-store […]

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Retail Asia11/10/2017

FamilyMart Philippines convenience-store chain, partly owned by the Ayala and Tantoco groups, is up for auction. With about 70 stores, the Japanese chain has been offered to prospective investors in the past few months. Ayala Land and the Rustan’s group, via their equally owned JV firm Sial CVS Retailers, in 2012 signed a deal with […]

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Retail Asia19/05/2017

Sumber Alfaria Trijaya, operator of Alfamart convenience stores in Indonesia, plans to add up to 200 units in the Philippines this year that will nearly double its presence there. SAT began its Philippine business in 2014 with a 35% stake in a joint venture with SM Investments, the Philippine banking, retail and real estate conglomerate. […]

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Retail Asia30/11/2016

Alfamart Philippines is set for major expansion with funding secured for as many as 120 new stores. Alfamart Philippines is set for major expansion with funding secured for as many as 120 new convenience stores. Minority parent company Sumber Alfaria Trijaya already operates 44 stores in the Philippines in a joint venture with SM Retail, […]

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Retail Asia05/09/2016

Indonesia’s Alfamart has reported a healthy first half year’s performance. Alfamart sales rose by 21.5 per cent to IDR36,870 billion (US$2 billion) thanks to an aggressive store expansion program. The company’s unaudited gross profit increased 20.6 per cent. With a network total of 12,971 stores, Alfamart group remains narrowly behind competitor Indomaret, with 13,099, records […]

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Retail Asia04/07/2016

Indonesian online platform Tokopedia has signed an agreement with retailer Alfamart allowing online shoppers to pay at their nearest convenience store branch. Customers do not need a special account to complete a transaction in an Alfamart store. “The payment will be automatically verified and the order will pass directly to the seller,” says Tokopedia VP […]

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Retail Asia21/06/2016

Southeast Asia’s largest economy, Indonesia, is ranked the world’s fifth most-attractive market for retail investment in AT Kearney’s 2016 Global Retail Development Index. In previous years it has ranked in the top 20. It is an exciting time to be investing in Indonesia’s retail sector, the index says. The country scores 64.3 in market size […]

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Retail Asia01/06/2016

Alfamart is going to utilize its 10,000 store network as pickup points for its new online shopping platform Alfacart. Alfacart, the new e-commerce platform will carry one million products from sellers, and is expected to generation IDR1tn (US$70m) transaction. The existing shopping website Alfaonline will be replaced. The advantage of Alfacart over the other e-commerce players […]

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Retail Asia31/05/2016

Indonesian retail company Sumber Alfaria Trijaya is reinventing its online shopping service, utilizing its vast network of Alfamart convenience stores as pickup points to tackle the country’s logistical challenges. Alfacart is expected to be officially launched this week and will replace the company’s existing shopping site Alfaonline. Sumber Alfaria aims to list one million products from third party […]

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Retail Asia03/03/2016

Convenience store and grocery retailer Hero Supermarket is to exit the troubled Starmart Indonesia business. Hero, a subsidiary of Hong Kong-headquartered Dairy Farm International, has announced the sale of 80 stores to Fajar Mitra Indah, a subsidiary of Wings Group, an Indonesian food conglomerate which owns the FamilyMart franchise in the country. The networks […]

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Retail Asia02/03/2016

Philippines-SM-celebrates-30th-anniversary-of-SM-City-North-EDSA-mall-1024x682.jpg

February 29, 2016: SM Investments Corp (SM), the holding company of Philippine-based conglomerate SM Group of Companies, is merging its retail arm SM Retail Inc with related retail firms earning revenues up to $1 billion. SM earlier disclosed that its board of directors approved the merger of SM Retail with companies operating leading local retail […]

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Retail Asia15/12/2015

Japanese convenience store operators are shrinking the size of their outlets in Indonesia amid growing competition from local rivals. But the strategy of pursuing profitability over scale runs the risk of downsizing the companies out of the market. In Jakarta, the two leading local operators — Indomaret and Alfamart — have over 10,000 outlets each. […]

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Retail Asia13/11/2015

SM Retail of the Philippines has reported a 6.5 per cent increase in sales over the first nine months of the year to PHP145.3 billion (US$3.1 billion). Profit rose 21 per cent to PHP4.6 billion (US$98.2 million). Reviewing its operating divisions over the period, the company said its SM Food Retail Group (SM Markets) continued […]

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Retail Asia05/09/2015

PT Sumber Alfaria Trijaya Tbk (Alfamart), an Indonesia based convenience store chain operator, is planning to expand its footprint in the Philippines to about 160 stores by the end of this year. The move is expected to help strengthen the company’s presence in the south east Asian region and help boost income from exports. As of August, the company has 60 Alfamart […]

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Retail Asia01/06/2015

Sumber Alfaria Trijaya, the operator of the Alfamart comfort retailer chain, plans to open between 100 and 120 new shops within the Philippines via its subsidiary Alfamart Retail Asia, as a part of the corporate’s regional enlargement plan. The corporate has estimated the brand new shops will value Rp 50 billion ($three.eight million) and has secured a mortgage from banks […]

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Retail Asia09/05/2015

Sumber Alfaria Trijaya — the operator of Alfamart, Alfamidi, Alfa Express, and Lawson minimarkets — plans to raise Rp 2.5 trillion ($193 million) from selling bonds to the public and from the sale of new shares to affiliated companies, in order to pay back bank loans. The company will sell 3-year and 5-year bonds on […]

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