Tough Season for Foreign Retail Chains
Monday, May 19, 2025
Foreign retail chains are closing stores and revamping business models as Indonesia’s retail industry grapples with regulatory hurdles and economic pressures.
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CHEN Yang and his wife made their way quickly to the frozen food section at GS The Fresh on the morning of Wednesday, May 14, 2025. The South Korean supermarket, located on Jalan KH Hasyim Ashari in Tangerang City, Banten, had just opened for the day. Chen picked up a bag of frozen food. “They sell processed pork products here, which you can’t find at other supermarkets,” he said, explaining why he shops at the store.
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