Tue, 03 May 2005

Hypermart opened in Makassar

JAKARTA: Retailer PT Matahari Putra Prima Tbk has planned to expand by opening 10 Hypermart stores -- including its seventh one, which was opened last week in Makassar -- 11 Matahari department stores and between 20 and 25 Timezone game centers.

"The success of Hypermarts lie in five things: convenience, easy to shop, bright, quality guarantee and low price," said Noel Trinder, CEO of Matahari Supermarket, in a statement.

"It is our vision to turn Matahari Hypermart, the local hypermarket, to be the market leader within the next five years to compete against foreign retail companies," he said.

Currently, Matahari has 78 department stores, 53 supermarkets including the hypermarkets and 105 Timezone game centers. -- JP