Ramayana opens 59th store

Ramayana opens 59th store

JAKARTA (JP): Publicly listed PT Ramayana Lestari Sentosa, the
owner and operator of Ramayana department stores, opened
yesterday a new retail outlet in the Pondok Gede Market, Bekasi.

The new outlet, on a 4,000-square-meter plot, is the 59th
Ramayana outlet in the country.

The company's public relations director, Setyadi Surya, said
he was optimistic the new store would reach its Rp 8 billion
(US$2.8 million) sales target by the end of the year.

Ramayana, a retail chain for the middle-to-lower market
segment, focuses on the marketing of domestic products.

It has 24 stores in Jakarta and 35 stores in major cities
throughout the country, including Bandung, Semarang, Malang,
Surabaya, Denpasar and Batam. (08)