Ace Hardware Owned By Conglomerate Kuncoro Wibowo Is Increasingly Expansive, New Outlet In Cileungsi Becomes The 219th In Indonesia

Illustration. (Photo: Doc. Ace Hardware)

JAKARTA - PT Ace Hardware Indonesia Tbk (ACES) continues to expand by adding new outlets. This time, the company opened an outlet in Cileungsi, Bogor, West Java.

The opening of this new store adds to a total of 219 retail outlets belonging to conglomerate Kuncoro Wibowo.

Ace Hardware Corporate Secretary Helen Tanzil explained, as a development strategy, Ace Hardware opened a new store in Cileungsi. This outlet is the fourth store to open this year and has an area of 800 square meters.

"Thus, the company currently has 218 outlets," he explained in an information disclosure, quoted on Tuesday, February 15.

Previously, in early February, the company had just opened an outlet in Depok, West Java. The opening of new outlets is a substitute for the outlets that were closed by the company.

One of the ACES outlets that was closed was in Cempaka Putih on Monday, January 31, after operating for more than 10 years.

For information, the outlet was opened by PT Ace Hardware Indonesia Tbk on December 2, 2011. However, the company did not explain further about the closure of the outlet in Cempaka Putih.