Matahari Department Store Strengthens Its Network by Opening New Store at Maleo Town Square - Mamuju

Mamuju, 09 May 2018 – Modern retail network of PT Matahari Department Store Tbk (“Matahari” or the “Company”; stock code: “LPPF”), once again expands to a new area. In mid second quarter, Matahari officially opened its first store in 2018 located at Maleo Town Square, Jalan Yos Sudarso, Binanga, Mamuju – West Sulawesi. Matahari Maleo Town Square is the 1st store in West Sulawesi.

“In the middle of the competition in retail business industry, Matahari continues to strengthen its existence and embracing wider market in Indonesia. With this new store in Mamuju, Matahari answers Mamuju’s and its surrounding communities desire to be closer with the citizens,” said Miranti Hadisusilo – Corporate Secretary & Legal Director of Matahari.
Matahari as the most preferred Indonesian modern retailer, steadily expanding its store network in new areas in Indonesia. In this second quarter of 2018, the Management projected to open 2 stores, and 4-6 stores as at the end of 2018.

In 2017, Matahari opened 8 new stores which are at Pacific Mall – Tegal, Suncity Mall – Madiun, Lippo Plaza Jember, Manhattan Time Square – Medan, Grage City Mall Cirebon, Citimall Baturaja, Citimall Lahat, and Nevada Store Pakuwon Mall - Surabaya. Miranti added “The management sees the opportunity in Mamuju, where our loyal customers are waiting for Matahari’s presence in their city. Good partnership with PT Karya Mandala Putra, as the management company of Maleo Town Square, encourage us to officially open new store of Matahari in Mamuju. With 154 stores across Indonesia, we are ready to serve our loyal customers with up to date fashion products and give a pleasant and comfortable shopping atmosphere as well as to make our customers “Feel Good”.”

Matahari Maleo Town Square occupies an area of 5,200 m2 with more than 65 selected famous brands. Matahari Maleo Town Square offers a wide selection of fashion products both for women and men, children and adults, accessories, cosmetics, household appliances, shoes and bags which are available with special prices to meet the needs of its customers. With a classy and modern shopping atmosphere concept, Matahari believes that its presence in Mamuju is able to give a different shopping options. A wider space layout as well as the use of 100% eco-friendly LED lighting systems, and high service standard will give new experiences for the citizens in Mamuju.

Special in the opening week of Matahari Maleo Town Square, Matahari gives the best offer for its customers by providing discount coupons of Rp 50,000,- without minimum purchasing for its loyal customers, free Matahari Rewards card program, discount for BNI debit card holder, and other attractive promotions of discount vouchers of Rp 500,000,- for minimum purchase of Rp 500,000,-.

The presence of Matahari at Maleo Town Square is expected to give positive effects to the citizens in its surrounding area, especially by engaging almost 250 employees whom more than 90% are from the local people in the surrounding area. The presence of Matahari in Mamuju offers job opportunities for young workers, and is expected to reduce the number of unemployment in this area. Thus the citizens’ wealth and quality of life will increase.

Along with the opening of Matahari Maleo Town Square, Matahari also has the opportunity to give donations to social foundations located around the area. The representatives from Manakarra Muhammadiyah Orphanage, Campaloga Orphanage, and Haqqul Yaqin Orphanage attended the opening ceremony to receive a symbolic check worth 10 million rupiah each.

Photo Caption:
Seen in the picture, Drs. H. Habsi Wahid, M.M, Mayor of Mamuju (center) with the representatives of Mamuju local government and the Management of Matahari.