Dairy Farms shuts more Indonesian stores

For fresh fruit and vegetable marketing and distribution in Asia
Gabrielle Easter

BY GABRIELLE EASTER

@gab_produceplus

Dairy Farms shuts more Indonesian stores

A further 74 Dairy Farm-operated convenience stores and supermarkets have been closed in Indonesia

Dairy Farms shuts more Indonesian stores

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Hong Kong-headquartered retailer Diary Farm International has announced the closure of 74 of its PT Hero retail stores in Indonesia.

The network, which includes supermarkets and Starmart convenience stories, has been declining year-on-year, with further store closures expected this year, according to Inside Retail Asia.

“We are closing stores every year and every semester. We believe that we need that to change our portfolio,” Diary Farm finance director Xafier Thiry said.

 As well as 39 Starmart stores, ten Ekspres and Hero supermarkets and three Ekstra stores have been closed, long with 22 Guardian pharmacies.

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