PT Matahari Department Store Tbk : Matahari Opens New Store in Indramayu, Expanding Its Reach Across Indonesia

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Matahari Opens New Store in Indramayu, Expanding Its Reach Across Indonesia Events 13 March 2025 Corporate Communications Share: whatsapp facebook twitter line telegram - Located at Mall Indramayu-the first and only shopping mall in the city - 90% of employees are from the local community, supporting economic growth Matahari ("Company"; stock code: "LPPF"), is proud to announce the grand opening of its newest store in Indramayu. This marks Matahari's first store opening in 2025 and reinforces its ongoing expansion strategy to reach more customers across Indonesia. Indramayu has been chosen as the first city to welcome a new Matahari store this year, strategically positioned in Mall Indramayu-the city's first and only modern shopping mall, serving as a retail and entertainment hub for the region. Spanning 5,488 square meters in the heart of Indramayu, Matahari Indramayu is designed to be a one-stop fashion and lifestyle destination, offering: Extensive product selection-A diverse range of fashion and accessories, including Matahari's exclusive private labels such as: SUKO, ZES, COLE, and Nevada. Competitive pricing-Global quality products at accessible prices New store layout-Featuring a shop-in-shop concept, where each brand has a dedicated space for a more immersive shopping experience. Modern and spacious interior- A modern design with bright lighting and an open layout for comfort and easy navigation. Located on the northern coast of West Java, Indramayu is a city known for its cultural heritage, agricultural and fisheries sector, and growing commercial landscape. With a population of approximately 1.8 million people, the city serves as a key economic hub, attracting both local shoppers and visitors from surrounding regions such as Cirebon and Karawang. "Matahari is proud to open our latest store in Indramayu, expanding our presence and bringing quality fashion closer to more Indonesians," stated Monish Mansukhani, CEO of Matahari. Matahari's arrival in Indramayu is set to provide over 150 job opportunities, with 90% of employees recruited locally. This reinforces Matahari's dedication to empowering the local economy while delivering exceptional retail experiences. With its presence in more cities across Indonesia, Matahari continues to strengthen its role as the nation's leading fashion and lifestyle retailer, offering quality, affordability, and convenience to millions of customers. Share: whatsapp facebook twitter line telegram

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