Search results
Results from the WOW.Com Content Network
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]
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]
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 ...
In November 2013, Groupe Bertrand, who owns several restaurant franchises, acquired the BK master franchise Autogrill, becoming one of their franchisees. [86] In September 2015, Groupe Bertrand announced being in talks with Quick's owner, investment fund Qualium, to take over all the franchise and convert all Quick restaurants in France into ...
The Job Creation Act (Indonesian: Undang-Undang Cipta Kerja), officially Act Number 11/2020 on Job Creation (Undang-Undang Nomor 11 Tahun 2020 Tentang Cipta Kerja, or UU 11/2020), is a bill that was passed on 5 October 2020 by Indonesia's People's Representative Council (DPR), with the aim of creating jobs and raising foreign and domestic investment by reducing regulatory requirements for ...
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]
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.