Ramayana opens new store

Ramayana opens new store

JAKARTA (JP): Publicly-listed PT Ramayana Lestari Sentosa, the
owner and operator of Ramayana department stores, opened
yesterday its 58th outlet.

The company said the new Denpasar (Bali ) store occupies
13,000 square meters of floor space in a mall, and is the second
Ramayana outlet in Bali.

The company said the store would help the company reach its
targeted sales amount of Rp 1.12 trillion (US$459.18 million)
this year from Rp 856.5 billion last year.

Ramayana, a retail chain for the middle-to-lower market
segment, has 39 stores in the greater Jakarta area. The remaining
19 stores are located in major cities throughout the country,
including Bandung, Semarang, Malang, Surabaya, and Batam. (das)