Indonesian convenience store chain Indomaret is planning to open 1,600 more outlets across the archipelago next year to strengthen its grip on the market amid its confidence over the economic outlook.
With the 1,600 new stores target for next year, the company is seeing a stable rate of growth, as in 2015 it opened an additional 1,560 outlets. The retail company expects to see sales increase in each outlet.
As of November 2015, the network had 12,150 stores under 26 main branches in big provinces. Out of that total, 32 percent are owned by individuals or groups that bought franchises from the company.
(Source: The Jakarta Post )