The Jakarta Post
Retail firm PT Matahari Department Store will close two more outlets this year as it will not extend its lease at Taman Anggrek mall in West Jakarta or Lombok City Center in Lombok Regency, West Nusa Tenggara.
Based on a letter sent to suppliers on Nov. 16, Mahatari said it would close the Taman Anggrek outlet because it did not agree with the building's management over the layout of the space, while sales at Lombok City Center had performed poorly.
Legal director and corporate secretary Miranti Hadisusilo confirmed the closure of the outlets. “Yes, we will close the outlets. We will not extend the lease of the spaces,” she said as reported by tribunnews.com on Monday.Read also: Matahari closes two outlets in Jakarta
She explained the outlets would operate as normal until next month.
In September, Matahari closed two outlets in Mangarai and Blok M, both in South Jakarta, because of declining sales.
Miranti said employees of the closed stores would be transferred to other outlets. She declined, however, to reveal the number of employees who would have to move.
Miranti said two new outlets would be opened this month and one more in December. She declined, however, to explain further about the new outlets.
The company currently has 156 outlets across the country. (bbn)