Giant Closed Permanently
Giant Closes Permanently; Expert Forecasts HERO Group Future Prospect Translator: Ricky Mohammad Nugraha Editor: Petir Garda Bhwana 2 August 2021 12:24 WIB A motorist passes in front of the Giant Ekstra Supermarket in Kreo, Tangerang, Sunday, August 1, 2021. PT Hero Supermarket Tbk will focus more on developing other brand outlets. ANTARA/Rivan Awal Lingga Jakarta - Retail business observer and the Indonesian Shopping Center Tenants Association (Hippindo) expert staff, Yongky Susilo, on Sunday said the decision to permanently close Giant outlets does not reflect business prospects of HERO Group. Susilo argues otherwise and said the group has a bright prospect for the future due to a strong brand presence to compete for market shares and business growth in the future, Bisnis.com reported. “Indonesia’s economy will grow along with growing buying power,” said Yongky on August 1. “HERO has a premium and fresh positioning and is eyeing th...