Matahari Department Store Owned By Conglomerate Mochtar Riady Opens New Outlet In Sleman

Matahari Outlet Department Store. (Photo: Doc. Matahari Dept. Store)

JAKARTA - PT Matahari Department Store Tbk (LPPF), a retailer from the Lippo Group owned by conglomerate Mochtar Riady, has re-opened a new outlet at Sleman City Hall, Yogyakarta Special Region on March 30, 2023.

The opening of the outlet, which is located on Jl. Magelang Jl. Gito Gati No. 18 KM 9, Denggung, Tridadi, Sleman, Sleman Regency, has increased the number of Matahari outlets to 153 nationally.

Matahari Department Store (LPPF) CEO Terry O'Connor explained that the opening of the Matahari outlet at Sleman City Hall is the fifth outlet opened this year, in accordance with the company's strategic expansion plan. He believes Matahari's presence at Sleman City Hall can provide value and meet the needs of Matahari's new customer fashion.

"This new outlet continues our efforts to create jobs and encourage economic growth in the area around the outlets," said Matahari CEO Terry O'Connor in his official statement, quoted Friday, March 31.

Terry revealed, Matahari Sleman City Hall comes with a fresh and modern concept, with an area measuring 2,973 square meters (m2) focused on today's best merchandise in its newest collection. This new outlet has been equipped with 100% LED lighting to bring a bright atmosphere while supporting the environment.

He added that Matahari Sleman City Hall is strategically located in one government area of Sleman Regency, health center, Polres office, educational area, economic area and tourist location, which are integrated with developing housing areas.

"Through the opening of the new outlet, Matahari always tries to provide added value to the community in a sustainable manner," said Terry.

At the Grand Opening event, continued Terry, Matahari made a social contribution through the CSR Program by donating Rp. 5 million to the Daarul Ilmi Semuda Orphanage.

To celebrate the opening of a new outlet at Sleman City Hall, said Terry, Matahari offers a variety of attractive promos such as Free Give Away Vouchers of IDR 50,000 without a minimum purchase, valid on March 30, April 2, 2023; GIFT Tumbler Matahari with a minimum purchase of IDR 500,000, valid on March 30, April 2, 2023.

There is also the BNI Debit Bank Partner program for every purchase of IDR 46.000, a direct discount of IDR 46.000 valid on March 30 April 29, 2023; Matahari Rewards loyalty, 10 times Extra Matahari Rewards Points, is valid on March 30, 2023; and various discounts and price offers.

Matahari is the largest retail platform in Indonesia, with 153 outlets in 80 cities throughout Indonesia, as well as online through solar.com, a social commerce platform Shop & Talk, and a third-party market place. For more than 60 years, Matahari has provided quality, fashionable, and affordable clothing, clothing, and shoe products for Indonesian middle class which are increasing.

Matahari employs more than 30 thousand employees (including SPG of consignment products) and partners with around 600 local and international suppliers.