JAKARTA - Modern retail stores and shopping centers or malls are starting to collapse one by one in the midst of the COVID-19 pandemic. Most recently, Golden Truly Mall officially closed its operations on December 1, 2020.
"To all our loyal customers, thank you for your trust and loyalty to Golden Truly Mall while being present at Jalan Gunung Sahari. Starting on December 1, 2020, the mall on Jalan Gunung Sahari No. 59 will be managed by a new building manager," Golden Truly wrote. his official Instagram account, Wednesday, December 2.
Even so, Golden Truly emphasized that it will try digital or online sales. Golden Truly online sales can be done on e-commerce such as Tokopedia and Shopee.
"We will still be here to meet your needs by providing the latest Golden Truly collection in our online shop at Tokopedia & Shopee," he said.
For your information, in the 90s the Golden Truly had become one of the prima donna places for shopping and entertainment for Jakarta residents. However, since the last few years, its prestige has been eroded by Grand Indonesia, Senayan City, Kota Kasblanka, and various other malls that have stormed the capital.
One by one the Golden Truly outlets were closed. In 2017, Golden Truly also closed its outlets in Depok. In fact, this outlet was only opened in 2010 using funds from the initial public offering (IPO) of its former parent company, PT Golden Retailindo Tbk (GOLD). Although on the other hand, Golden Truly has just opened a Truly premium outlet in Tanggerang at the same time.
The closure of shopping centers is not the first time this has happened. Finally, PT Matahari Department Store Tbk also closed several outlets until the end of 2020. The total number of Matahari stores that have closed this year is 13.
In a report to the Indonesia Stock Exchange on Saturday, November 28, 2020, the company with the ticker ticker LPPF stated that 6 outlets were planned to be closed. The details are as many as 4 outlets in Java, 1 in Bali and 1 in Sulawesi.
"Thus, the number of our outlets that will operate at the end of 2020 will be 147 from the previous 153," said the management statement.
The company also ensures that it will not open new outlets in the fourth quarter of 2020 and the first quarter of 2021.
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