HERO to Close another Store

By Editorial Team 16/09/2019
Summary

PT Hero Supermarket Tbk (HERO) is closing another Giant hypermarket. The company has decided to close Giant Extra in the Poins Square not long after its decision to close other six stores this year as the consequence of stiff competition among the retailers.

The decision to close Giant located in the Poins Square is based on similar grounds with the decision to close the other six stores. The closing will also follow a similar route: the store will start to sell out all of its supplies from August 1, 2019, to September 29, 2019, before finally closing the store permanently.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.