January-May 2010, total retail revenue of Rp 44.6 trillion modern or grew 9 percent. This growth was driven a great player who scored 18 per cent growth. The third and fourth quarter earnings will be fueled by the Idul Fitri.
Hypermarket industry grew rapidly in 2010. Daily Chairman of the Indonesian Retail Business Association (APRINDO) Tutum Rahanta states, hypermarket industry grew rapidly this year. APRINDO predicted, the total modern retail spending this year will reach Rp 100 trillion.
A total of Rp 65 trillion is the food shopping, and the rest nonmakanan. From this amount of food shopping, hypermarkets take a portion of 35 percent, minimarket 35 percent and 30 percent of supermarkets. "The growth of hypermarkets is in line with city growth," said Tutum.
Not much different, the Nielsen Company also predicted the modern retail spending this year will reach Rp 115 trillion. Only Yongky Susilo, Director of Retail Services Nielsen says, the growth of hypermarkets is still behind compared to other sectors such as automotive and telecommunications. "So the task of manufacturing and retail for more creativity and innovative in marketing their products to make consumers more wallets," said Yongky.
In January-May 2010, total retail revenues to reach USD 44.6 trillion modern or grew 9 percent. This growth was driven by big players who scored 18 per cent growth. Third and fourth quarter earnings will be fueled by the existence of predictable Lebaran. Thus, the total retail this year could grow 12 percent to 15 percent. (Gloria Haraito / cash)
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