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Matahari Department Store logo

Matahari Department Store

Business focus

Consumer Brands, Apparel & Retail

Description

PT Matahari Department Store Tbk operates Indonesia's largest department store network, with 143 stores as of March 2025. Facing e-commerce pressure, it is rationalizing underperforming stores while testing new formats, and investing in its Matahari.com platform and the Shop&Talk livestream/social-commerce app to unify physical and digital retail.

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