JAKARTA - PT Ace Hardware Indonesia Tbk continues its expansion by opening new outlets. The retail company owned by the conglomerate Kuncoro Wibowo will open an outlet in Yogyakarta.
According to Ace Hardware Corporate Secretary Helen Tanzil, the outlet in Yogyakarta is located at HOS Cokroaminoto. "Its area reaches 2,200 square meters," said Helen in an information disclosure to the Indonesia Stock Exchange (IDX), quoted Wednesday, July 13.
The opening of the outlet will also take place today.
Helen explained, the new store in Yogyakarta is part of Ace Hardware's development strategy. "This outlet is the ninth outlet to open in 2022," said Helen added.
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That way, Ace Hardware currently has a total of 223 outlets.
Previously, on July 22, the company opened an outlet in Tidar, Magelang, Central Java, which is the eighth outlet this year. The outlet occupies an area of 2,000 square meters.
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