Sarinah department store says it will open five branches next year to raise its revenue 20 percent.
Three branches would be opened locally and two overseas, Sarinah president director Jimmy Gani said on Tuesday as reported by kontan.co.id business newsportal.
Jimmy said Sarinah would also open a branch in Pejaten Village mall in South Jakarta, in December.
Sarinah currently operates five department stores in Indonesia: two in Jakarta and one each in Batam, Yogyakarta, and Semarang.