Alfamart news

19 December 2018
After 180 stores opened this year, more are planned in 2019. Continue to make inroads Indonesian mini-market operator, Alfamart, proposes to open 200 new stores in the Philippines in 2019. Alfamart currently has more than 500 stores in the country, located mainly in residential areas. The new planned stores will bring Alfamart’s Philippine store network to more than 700 by end of 2019. S...
13 April 2018
Indonesian convenience store chain announces expansion plans. Both local and regional growth PT Sumber Alfaria Trijaya, owner of Alfamart, announces that it will add another 800 outlets to the Indonesian market this year. This brings the total number of stores in their network to more than 13,000. Half of these new stores will be opened within the Java Island, with the remainder being sprea...
03 May 2017
Alfamart minimart continues its rapid network expansion in the Philippines with 120 new stores expected in 2017. Alfamart eyes 10 new minimarts each month Alfamart Philippines will continue to expand its existing network of 262 stores in the next two years to around 500. Alfamart's partner, SM Retail, operates larger retail formats, and so the addition of smaller formats placed in urban are...
09 March 2017
SM Investments Corporation, Philippines’ leading conglomerate, has registered a 9% growth in consolidated revenues in FY2016. Its retail arm SM Retail has also grown by 8% in revenue to PHP 276.5bn (US$5.5bn). Expansion continues The food group, which includes SM Markets (SM Supermarket, SM Hypermarket and Savemore) and WalterMart, continued to expand mostly in provincial areas last year. I...
02 March 2017
Alfamart, leading mini-market player in Indonesian, announces full year revenue growth up 16.2% to IDR56.1tn (US$4.2bn) and gross profit up 18.1% to IDR10.9tn (US$0.8bn) for 2016. Continued expansion outside of Greater Jakarta The retailer operated 13,745 stores by the end of 2016, of which 12,336 stores are under the Alfamart banner. 65.7% of the stores are located outside of Greater Jakar...