Indonesia

Focus

Indonesia

Capital: Jakarta| Area: 1.904.600 km² |
Population (2024): 281.604 mio | GDP (2024): € 1 289.76 bn

Further store openings announced

Post-IPO, Mr. DIY Indonesia reports soaring sales for 2024

The Indonesian unit of Malaysian home goods retail chain Mr. DIY made 2024 a year to remember not only because it debuted on the Indonesian bourse at the end of the year, but also because it reported soaring sales for …

Distribution30. April 2025

New Azko brand

Ace Hardware disappears from Indonesia

After 29 years, the presence of the US brand Ace Hardware in Indonesia has come to an end. The Indonesian franchisee, the Kawan Lama group, …

Distribution18. March 2025

“From here, a better future”

In Indonesia, Azko is the new Ace

Former Ace Hardware stores in Indonesia now go by the name Azko, formally ending the American home improvement retailer’s three-decade dominance …

Distribution18. March 2025

Poland and Indonesia

Mr. DIY moving to localise look of stores?

Malaysian retail group Mr. DIY started to incorporate local elements in its outlets in Poland and Indonesia. “Localisation is probably a …

Distribution12. December 2024

Debt repayment and expansion

Mr. DIY Indonesia submits IPO application

The Indonesian unit of Malaysian home improvement retail group Mr. DIY aims to raise 4.71 trillion Indonesian rupiah (EUR 281,741 mio…

Distribution9. December 2024

‘Proof of superiority’

Ace Indonesia operator posts 13.5 per cent rise in sales ahead of split

Indonesia’s top home improvement retailer Ace posted a double-digit rise in sales in the nine months ending …

Distribution20. November 2024

Combination of three trade fairs

International Hardware Fair gets a branch in Indonesia

The International Hardware Fair is getting an branch in Indonesia. The International Hardware Fair (IHF) Indonesia - powered …

Events26. September 2024

Indonesian home improvement retailer

Mitra10 sees growth opportunities

Indonesian home improvement retailer Mitra10 aims to double its store network in the next six years, to 100 in 2030 from 50 as of end-June 2024, …

Distribution24. September 2024

First Half 2024

Depo Bangunan net sales up 2.81 per cent

Indonesian home improvement retailer PT Carturkarda Depo Bangunan Tbk posted an incremental rise in its net sales in the first half of the …

Distribution27. August 2024

Indonesia

Depo Bangunan sees 4.8 per cent hike in sales

Indonesian home improvement company PT Caturkarda Depo Bangunan has reported a 4.8 per cent increase in revenues for 2023, to 2.681 …

Distribution12. April 2024

233 OUtlets

Ace Indonesia sees double digit sales growth in 2023

Ace Indonesia, the country’s biggest home improvement retailer, enjoyed a 12.55 per cent increase in sales in 2023 as it saw a …

Distribution10. April 2024

Overshot showing

Ace Indonesia notches double-digit sales growth in first half

Ace Hardware Indonesia, the country’s dominant home improvement retailer which is operated by the Kawan Lama group, …

Distribution17. August 2023

3.4 per cent up

Ace Indonesia ends two-year rout to post revenue uptick in 2022

Ace Hardware Indonesia has reversed its two-year losing streak to post a 3.35-per cent uptick in net sales in 2022…

Distribution13. April 2023

Up to 10 per cent sales growth

Ace Indonesia aims to build 10 to 15 stores in 2023

Ace Hardware Indonesia, the country’s top home improvement retailer, aims to build 10 to 15 stores this year and has allotted up…

Distribution28. February 2023

Losing streak ends

Ace Indonesia posts small sales growth for January to September

Ace Indonesia has finally broken free from the rut it had been in over the last two and a half years, when Covid-19 …

Distribution9. November 2022

Minus 2.58 per cent

Ace Indonesia first half net sales down

Ace Hardware Indonesia, the leading home improvement retailer in Southeast Asia's largest country, saw a fresh erosion in earnings in the …

Distribution8. August 2022

Weight of Covid-19

Ace Indonesia starts 2022 with sales downturn

Home improvement retailer Ace Indonesia saw a fresh dip in its financial performance as the company continues to bear the weight of …

Distribution6. May 2022

Reduced store visits

Ace Hardware Indonesia ends 2021 with 11.7 per cent fall in sales

Ace Hardware Indonesia, the country's dominant home improvement retailer, posted a 11.73 per cent fall in sales at…

Distribution7. April 2022

Despite fall in net sales

Ace Indonesia adds eight locations in 2021

Ace Indonesia has brought up its store count by eight to 216 outlets at the end of 2021 from 208 at the end of 2020, information …

Distribution14. February 2022

January to September

Ace Indonesia’s losing streak continues

Troubled home improvement retailer Ace Hardware Indonesia continued to report slow sales in the nine-month period ending September 2021 as …

News4. November 2021

7 per cent drop in sales

Covid-19 effects continue to hound Ace Indonesia

Sustained headwinds from the Covid-19 pandemic led to a 7.27 per cent drop in home improvement retailer Ace Hardware Indonesia's …

News24. August 2021

Annual report

Pandemic woes trigger 2020 earnings decline for Ace Indonesia

A pandemic-weakened economy that led to a rise in overall unemployment, a decline in spending power and reduced store …

News27. May 2021

Sales up 12.5 per cent

Subdued growth in 2019 for Ace Hardware Indonesia

Ace Hardware Indonesia reported slower growth in 2019 amid the less-than-stellar performance of Southeast Asia's biggest economy…

News14. July 2020

South-East Asia - Ace Hardware International

Hardware in the mall

Ace Hardware stores in Indonesia, the Philippines and Malaysia cater to local demand in terms of range, customer appeal and choice of store location.

Distribution16. July 2014

100th Ace in Indonesia

Group now present in 28 cities in the country

News7. May 2014

Storch-Ciret

Out of the silo mentality

Sustainability is multifaceted. This is all the more true at the Storch-Ciret Group when you …

Suppliers3. September 2025

France

Cautious French

French DIY stores recently saw a 4.3 percent drop in sales – and thus proved to be quite resilient…

Distribution2. September 2025

Italy

Committed to tradition

In Italy, the segment of cooperatives and independent retailers is relatively strong. In terms of …

Distribution2. September 2025