For a consumer market as diverse as Indonesia, a nation of over 275 million, hyperlocal retailing requires significant focus going into the future. That is exactly what some retail industry leaders came together to discuss at the Retail Asia Forum 2024 held on 16 May at Shangri La Jakarta.
The panel was composed of Anthony McEvoy, CEO of PT Sari Coffee Indonesia (Starbucks Indonesia); Andy Sumual, president director and CEO of FreshMart; and Fernando Repi, vice chairman of the Indonesia Retail Merchants Association (APRINDO).
Moderated by Juan Pisente Widjaja, senior partner at Gideon Consulting Group, the spritely exchanges focused on hyperlocal retail strategies, the challenges of expanding in Indonesia, and the impact of digital technology on the retail sector.
For all of them, certain commonalities they face around these topics are local sourcing, community engagement, and adaptation to diverse regional cultures. They also addressed competition, digital infrastructure hurdles, and the potential for Indonesian brands to go global.
This story is from the Issue No. 07 edition of Retail Asia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Issue No. 07 edition of Retail Asia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Why hyperlocal strategies are crucial for Indonesia's retail
Locally sourcing ingredients and engaging in community ingredients are some of the strategies used to build a loyal customer base in the country.
Three key trends redefining the retail landscape in Southeast Asia
Retailers are urged to prioritise digitalisation, experiential initiatives, and sustainability to remain competitive.
How will the rise of 'hermit consumers' impact the future of the F&B industry?
‘Hermit consumers’ are a new type of consumer who prefers staying home to dining out.
Ayala Malls tries on digital changing rooms
Interactive displays will allow customers to visualise products in real-world settings.
Bacha Coffee masters sensory-rich retailing in its Jakarta debut
Blending heritage and luxury, Bacha Coffee Plaza Senayan immerses Indonesian coffee lovers into a unique experience.
Advantech showcases loT and AI systems designed for smart retailing across Asia
Retailers must integrate lol devices with intelligent Al systems to optimise and enhance store operations.
