Retail
Fresh Breath in the Retail Business

A retail company continues to open new shops. However, expansion is making margins thin.

February 10, 2010

THE price cuts offered by the Matahari Department Store grabbed the attention of Ridwan. This man, who works at the Attorney General’s Office, earlier just wanted to go window-shopping at the shopping center located in Block M Plaza, South Jakarta. Eventually, he was enticed into buying a shirt and a pair of shoes after wandering around for a long time. “I was thinking and also there were good discounts,” said the 35-year-old, on Thursday l

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