Competition is still open for department stores in market segment of middle class.(INDUSTRY PROFILE)

From: Indonesian Commercial Newsletter | Date: January 28, 2003 | Copyright information

The substantial number of people of middle class just degraded from the high income bracket requires department stores to improve their services to be equal in convenience with foreign department stores, which were once the favorite place for shopping for them before they were made poorer by the crisis. That is why shopping centers having middle to high class segments have continued to enjoy growth like Sogo which has opened new outlets in Mega Mall Pluit and Plaza Senayan, bringing the number of its outlets to 4 in Jakarta. Similarly, Metro has just expanded its wings to the ...

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