JAKARTA – The impact of the pandemic Covid-19 not only attacking the health aspect, this pandemic has also resulted in changes in lifestyle, ways of socializing, to disrupt the running of the economy in Indonesia.
This also has an impact on several companies retail big in Indonesia. They even announced that they had suffered losses to the point that they could no longer survive. One of the newest is PT Hero Supermarket Tbk (HERO)
For information, PT Hero Supermarket Tbk has decided to close all stores Giant in Indonesia at the end of July 2021. The company will focus on developing the IKEA, Guardian, and Hero Supermarket trademarks, because they are considered to have higher growth potential than Giant.
It turns out not only Giant. Several other modern retailers were also shaken and had experienced closures during this pandemic.
Also Read: Bankruptcy, this is what the closed Centro outlet looks like in Depok
According to the R&D Team summary MNC Portal Indonesia, Saturday (29/5/2021), some of which are as follows:
1. Gramedia
The management of PT Gramedia Asri Media, the owner of the Gramedia bookstore, decided not to extend the rental period at Taman Anggrek Mall, West Jakarta in October 2020.
2. Golden Truly
The Golden Truly shopping center closed its operations on December 1, 2020. The management changed its business model to be completely online.
3. Center
The Centro Department Store, which is a fashion retail outlet, closed its doors starting at Plaza Ambarukmo Yogyakarta. This happened in March 2021.
4. Sun
In April 2021, the management of retail company PT Matahari Department Store Tbk plans to close 13 outlets this year.
5. Giant
The latest retail closure that still grabs the attention of the public today is the Giant supermarket. Retail company PT Hero Supermarket Tbk. decided to close all Giant stores by the end of July 2021.
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