JAKARTA. Publicly listed PT Matahari Department Store (Matahari) announced on Thursday the opening of a new store in Baubau, Buton Island, making it the 12th Matahari store in Sulawesi and the 133rd in Indonesia. With the opening of the store, Matahari aims to tap into the growing middle class in Baubau, which has a population of about 170,000 people, said Andre Rumantir, one of Matahari’s directors. The opening was part of expansion plans this year to tap into the growing retail business in second-tier cities, he added, citing that the store could provide 278 job opportunities to the people of Baubau.
Matahari opens 133rd store in Baubau
JAKARTA. Publicly listed PT Matahari Department Store (Matahari) announced on Thursday the opening of a new store in Baubau, Buton Island, making it the 12th Matahari store in Sulawesi and the 133rd in Indonesia. With the opening of the store, Matahari aims to tap into the growing middle class in Baubau, which has a population of about 170,000 people, said Andre Rumantir, one of Matahari’s directors. The opening was part of expansion plans this year to tap into the growing retail business in second-tier cities, he added, citing that the store could provide 278 job opportunities to the people of Baubau.