Will Open 20 Stores, ACE Confident Retail Business Development Is Still Positive In 2024

Director of ACE Hardwareturbation Wibowo (Photo: Theresia Agatha/VOI)

JAKARTA - PT ACE Hardware Tbk (ACES) is optimistic that the development of the retail business is still positive and safe next year. ACE Director totaling Wibowo said his party plans to open around 20 new stores in several parts of Indonesia in 2024.

"(For the future) of course we will continue to open more (stores) because we see that the Indonesian market is very large and there are still many opportunities (opportunity). Above 20 stores (stores) next year",aired to reporters at the 28th Anniversary ACE event in Jakarta, Tuesday, November 7.

How could the construction of the new shop be carried out in several parts of Indonesia, such as in Java to Kalimantan.

"The construction of shops will be carried out in Java, Kalimantan, and Sumatra," he said.

He added that his party remains optimistic about the trend of selling home needs in 2024. Moreover, in 2024, Indonesia will hold a massive democratic party.

"I am still positive, yes, with the development of Indonesia. In the past, right, maybe from local statistics only, but now we have also been seen by people from abroad. How many foreign or foreign companies have flocked to invest here," he said.

"Moreover, next year is the political year, so I think whoever the leader (leader) of the Indonesian economy continues to advance and the need for comfort in life will certainly develop," he added.

For your information, PT ACE Hardware Indonesia Tbk (ACES), a retail business unit owned by Kawan Lama Group, celebrates its 28th anniversary in 2023.

Established in Indonesia since 1995, ACE is a center for home needs and lifestyle by presenting thousands of types of products.

To date, ACES itself has 233 stores spread across 66 cities throughout Indonesia.