Tag: Matahari Department Store

Retail Asia13/12/2017
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6min0
The growth rate for retail stores is now at single-digit levels, falling from above 10% in recent years. Online shopping is shouldering part of the blame, but the main culprit is a slowdown in overall consumer spending — long the driver of Indonesia’s economy — due to sluggish wage growth. Since the busy Ramadan shopping season […]


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