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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]
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 ...
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 franchise is merely a temporary business investment involving renting or leasing an opportunity, not the purchase of a business for the purpose of ownership. It is classified as a wasting asset due to the finite term of the license. Franchise fees are on average 6.7% with an additional average marketing fee of 2%. [10]
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 J.CO opened on 26 June 2005. In four months, the outlet made money and continued growing. On its eighth year, J.CO had 120 outlets in Indonesia, 12 in Malaysia and the Philippines, 4 in Singapore and 2 in Hong Kong. [1] J.CO is the fastest growing donut and coffee chain in Indonesia with 236 stores opened since 2005.
The next season, his first full one in charge, the Grizzlies improved by 22 wins with a 50-32 record and made the playoffs for the first time in franchise history. That success led to Brown being ...
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