Courts

Retail Asia02/02/2016

Courts Indonesia has opened its second megastore – inside BSD City, about 42 km west of Jakarta. The new store is part of a strategy by Singapore-listed Courts Asia to expand its footprint beyond its core Singapore and Malaysia markets. Billed as the largest Courts Megastore in Asia, the new outlet covers 22,694 sqm of […]

Retail Asia26/01/2016

Electrical goods, information technology and furniture retailer Courts Asia believes that while e-commerce has been gaining popularity, retailers should not neglect their brick-and-mortar operations. The Singapore-based company also sees technology and renting in suburban areas as important revenue sources. Terry O’Connor, Group CEO of Courts Asia (Photo by Courts Asia) Terry O’Connor, group CEO of […]

Retail Asia24/01/2016

“Indonesia is currently the driver of Courts’ growth. Since we first entered Indonesia in 2014, we now operate two megastores and three regular outlets. We aim to open twelve more outlets by 2018. This is our commitment in catering to the demands of Indonesians,” Roy Santoso, Courts Retial Indonesia country chief executive officer, said in […]

Retail Asia18/11/2015

Courts Asia’s strategy of spreading its interests into neighbouring countries is paying off already. The company has today announced a 253 per cent quarterly increase in profit to S$6 million and a 77.8 per cent rise to S$12.1 million for the first half year. Gross profit for the second quarter rose 12.4 per cent thanks […]

Retail Asia09/11/2015

Courts_Megastore2_by_Courts_Singapore_Facebook-1024x719.jpg

PT Courts Retail Indonesia, a subsidiary of Singaporean retailer Courts Asia Ltd., will open a new megastore in Bumi Serpong Damai (BSD) City, South Tangerang, Banten, in December as part of the company’s Indonesian expansion. Courts Retail Indonesia CEO Roy Santoso said the 24,000-square-meter megastore was currently under construction on a 2.2-hectare plot of land […]

Retail Asia03/11/2015

THE bulls and bears of Singapore’s industrial property market often reflect the pace of economic growth and the composition of the manufacturing sector. Since its post-independence days, the manufacturing sector in Singapore has evolved to be a key contributor to gross domestic product (GDP) at approximately 20 per cent with strong support stemming from the […]

Retail Asia21/10/2015

Singapore-headquartered Courts says it will open a second megastore in Indonesia. The new 24,000 sqm store is already under construction on a 2.2 hectare site in Bumi Serpong Damai, southwest of the capital city Jakarta. Courts Indonesia CEO Roy Santoso told a media briefing the store will sell at least 12,000 items from 200 local […]

Retail Asia22/08/2015

Strong sales in Malaysia and Indonesia have buffered electronics and furniture retailer Courts Asia from Singapore’s retail downturn. The company has reported a 19 per cent increase in quarterly profit, to S$6 million in the three months to June. “Our Malaysia business has seen improving profitability with the success of our credit campaign, whilst the […]

Retail Asia03/06/2015

Singapore-based electronics and homewares retailer Courts has reported a quarterly revenue dip of 16.four per cent in what it describes as a “weak retail surroundings”. The listed firm posted a quarterly revenue of S$6.56 million within the three months to March 31, down from $7.84 million in the identical interval a yr in the past. […]

Retail Asia21/04/2015

Singapore electrical goods and homewares chain Courts is expanding its hardware offer with a concession deal with US brand Ace Hardware. Ace already has standalone stores in Indonesia and the Philippines. Now it will open stores-within-stores in selected Courts stores, starting with an 8000 sqft space in the flagship Megastore in Tampines. It is not […]

Tag: Courts

Courts opens second Indonesia megastore

CEO stresses value of physical stores, not just e-commerce

Singapore-Based Courts Retail Opens Second Megastore in Indonesia

Courts Asia expansion drives huge profit rise

Courts Retail to open second megastore by year-end

E-commerce startups: a wild card for the industrial market?

Courts Indonesia to open second megastore

Courts Asia fortunes improve

Courts struggles in “weak” setting

Courts partners with Ace Hardware