VbQOm8cTeaQ66gqgO2NakxTPshs Indonesian Retail: Chairul Tanjung go into Minimarket Immediately

May 12, 2010

Chairul Tanjung go into Minimarket Immediately

JAKARTA, KOMPAS.com - The Group's retail company, Transritel, plans to open outlets minimarket (convenient store) in major cities across Indonesia from next year.

"We're going to convenient stores. So people can buy a short needs, rather than daily or monthly cooking needs," said the owner of The Group, Chairul Tanjung, after signing a memorandum of understanding with the Indonesian Young Entrepreneurs Association (HIPMI) in Jakarta, Wednesday (12 / 5 / 2010).

According to him, outlets initially will be opened in major cities before reaching into other areas in the form of regular mini. Chairul said, now it's still in preparing a business plan small scale retail. However, he made sure, minimarket outlets, that will have the word "trance" in their name.

"His dream can wake up 10 000 mini outlet in 10 years. Later we will also go in the grocery store," he said. Chairul further said that after the store had grown to 10,000 units, it also will develop a form of franchising, so that people can come together to develop.

"If there are 11 000 stalls, the rest we give opportunities to other friends," he said.

He added that his store would be convenient to sell local products, such as sus Merdeka in Bandung or empek-empek in Palembang.

Previously, Transritel has acquired PT Carrefour Indonesia, so have the majority of the French company's shares by 40 percent.

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