
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.