TEMPO.CO, Jakarta - Retail chain Ramayana Lestari Sentosa, popularly known as Ramayana, is currently studying the plans to close a number of its outlets in 2018.
Ramayana Company Secretary Setyadi Surya said that the company had suppressed its sales cost last year by closing 16 of its outlets that have gone through sales losses. The strategy turned out to be effective in affecting the retailer’s performance.
“There are possibilities that some supermarket outlets will be closed or maintained. “However, throughout this time, our performance has been quite good,’ said Setyadi on Wednesday, March 28.
Throughout 2015 and 2016, the loss experienced by the Ramayana Supermarket division reached Rp80 billion and Rp71 billion, respectively. Meanwhile, after the gradual closure, the company’s loss dropped to Rp25.8 billion.
The company this year will concentrate on department store sales, especially in a consignment of goods and create a better role to for developing the mall lifestyle concept, where most Ramayana outlets are located.
Other than that, Ramayana also plans on opening at least 3 to 5 new outlets this year by allocating its capital expenditure valued at Rp300 billion. So far, Ramayana has 116 outlets in 52 Indonesian cities and regions.
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