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PT Sumber Alfaria Trijaya Tbk or Alfamart is a primarily-franchised Indonesian convenience store chain. As of June 2023, it has over 18,000 stores in 27 provinces spread across Indonesia, with 4 million daily customers and tens of thousands of micro, small and medium-scale business partners. [1]
Location of Indonesia. Indonesia is a unitary sovereign state and transcontinental country located mainly in Southeast Asia with some territories in Oceania. Indonesia's economy is the world's 16th largest by nominal GDP and the 8th largest by GDP at PPP, the largest in Southeast Asia, and is considered an emerging market and newly industrialised country.
The first KFC franchise opened in the United States in 1952. [2] The first overseas franchise was established in the United Kingdom in May 1965. A large number of Caribbean and developed Western markets entered by the early 1970s. This was followed by expansion throughout the Middle East and developed Asian markets from the mid-1970s and into ...
Studies conducted by the Jakarta Post reveal that it is the fifth most popular fast food chain in Indonesia after Restoran Sederhana, KFC, McDonald's and Pizza Hut. [6] As the Westernization of Indonesia took off in the 1990s, California Fried Chicken took advantage of the growth of American-style malls in the country, reaching 90 locations by ...
Nesma United Ltd. is the franchise company operating all Jollibee branches in Saudi Arabia. The first branch opened by the franchise company was at the Jeddah International Market in 2008. By December 2016 there are 12 Jollibee branches in the kingdom with presence in the cities of Al Khobar, Jeddah, Jubail, Riyadh, Taif and Yanbu. [19] Bahrain ...
Its master franchisee, PT Fastfood Indonesia, was publicly listed on the Indonesian Stock Exchange in 1993. [63] In November 2024, KFC Indonesia reported a net loss of 557.08 billion IDR (above US$36 million) during the third quarter of 2024. In response, PT Fastfood Indonesia closed 47 stores and laid off 2,274 employees by September 2024.
In 2010, Makro Cash & Carry Indonesia was sold to Lotte Mart and rebranded as Lotte Mart Wholesale. [10] In 2011 Walmart took ownership of Makro in South Africa after acquiring a majority stake in Massmart. In 2012, Metro sold the Makro UK business to Booker Group, while Makro-Habib in Pakistan was rebranded as Metro-Habib. [11]
A master franchise is a franchise relationship in which the owner of the franchise brand (the master franchisor) grants to another party the right to recruit new franchisees in a specific area. In exchange, the other party typically pays some price as well as agreeing to take on some or all of the responsibility to train and support new ...