Indonesia

      

The retail market in Indonesia to expected grow at a CAGR of 14.99% from 2017 to 2021, according to a new report by international market research company Research and Markets.

Indonesia’s e-commerce players will increase adoption and reliance on retargeting to improve customer engagement and conversion rates, strengthen branding and enhance return on investment (ROI) on their marketing spends, said RTB House.

Turkish clothing company LC Waikiki opened its first store in Indonesia in March this year. Located in the Gandaria City Mall in Jakarta, the store is its first in the Asia-Pacific region.

Javanegra Rainforest Coffee is the company that Peresthu and his wife, Reni Alhadad, founded in 2011 to help the loggers-turned-farmers. The coffee has become an Indonesian heritage icon and is routinely presented to foreign dignitaries and delegates at international events. It is also gaining cult following among coffee connoisseurs.

Matahari has brought its popular hypermarket concept to yet another location in Indonesia.

Courts Asia, a leading electrical, IT and furniture retailer in Southeast Asia, opened its ‘Big-Box’ megastore in Bekasi, Indonesia, last month. The megastore with 130,000sqf of retail space houses 12,000 product offerings from 200 brands.

Global architecture, urbanism and design practice Broadway Malyan has unveiled designs for a major mixed-use tower development in central Jakarta, Indonesia.