100 Matahari Outlets Owned By Conglomerate Mochtar Riady Have Been Affected By The Tightening Due To The Increasing Of COVID-19 Cases

Matahari Department Store outlet, (Photo: Doc. Matahari Dept. Store)

JAKARTA - PT Matahari Department Store Tbk (LPPF) stated that 100 of their retail outlets had been affected by the application of micro-scale community activity restrictions (PPKM) since June 22, 2021. The management of the company, coded as LPPF, said that the 100 affected outlets represented 67 percent of Matahari outlets and 71 percent of total sales.

"Based on information as of June 28, 2021, we have 100 outlets affected by the reduction in operating hours, an increase of 26 outlets since the restrictions began", explained management as quoted from a letter published on the information disclosure page of the Indonesia Stock Exchange, Monday, June 28.

In detail, 100 outlets were affected by the reduction in operating hours, an increase of 26 outlets since the restrictions began. Of the total, there are several affected outlets that must be closed at 6 p.m.

The company's management from the Lippo Group said that outlets in the Java region, including Jabodetabek, were the most affected. A total of 71 outlets are located on the island of Java, 19 outlets on the island of Sumatra, 4 outlets on the island of Borneo, and others outside the region.

"About 30 percent of the total outlets are affected by restrictions on mall visits or diversion of road traffic. Meanwhile, on the other hand, food and beverage retailer capacity restrictions that reduce visits to malls have an impact on 42 percent of the total outlets", said the management of retail companies owned by the conglomerate Mochtar Riady.

The LPPF also emphasized that it was following the government's directives to suppress the spread of COVID-19. Management is still observing the impact of the tightening, considering that it has only been implemented for the past week.

"At this time, it is too early to state the specific financial impact of each aspect of the arrangement", the management added.

In enforcing the health protocol, the LPFF stated that there were five commitments that were carried out. First, providing special cashiers for families and the elderly. Second, put medical workers first.

Third, providing primary products and baby needs in easily accessible locations. Fourth, clean outlets thoroughly, wear masks and provide sanitizer for all customers who come.

And lastly, ensuring there is a safe distancing system in the outlets.