Alfa opens Surakarta outlet

JAKARTA (JP): PT Alfa Retailindo, a publicly listed retail and wholesale chain, opened on Monday its newest outlet in Surakarta (Solo), Central Java.

Alfa said that the new outlet, located in the Solo Baru housing complex, is its second outlet in Surakarta or the 23rd in the country.

The company invested some Rp 1.46 billion to open the new outlet, which will stock about 11,000 products.

Alfa's total sales, which reached Rp 1.46 trillion during the first nine months of this year, are expected to reach about Rp 1.67 trillion by the end of the year.(hen)