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Alfamart

From Wikipedia, the free encyclopedia
PT Sumber Alfaria Trijaya Tbk
Alfamart
Company typePublic
IDX:AMRT
IndustryConvenience stores
FoundedFebruary 22, 1989;35 years ago(1989-02-22)
HeadquartersTangerang,Banten,Indonesia
Area served
Indonesia (exceptWest Sumatra,Papua,West Papua,Highland PapuaandSouth Papua)
Philippines
Key people
Kwok Kwie Fo(President)
RevenueIncreaseRp56.1 trillion (2016)
IncreaseRp553.8 billion (2016)
Total assetsIncreaseRp 19.474 trillion (2016)
Number of employees
42,115 (2022)
Websitewww.alfamartku.com

PT Sumber Alfaria Trijaya TbkorAlfamartis a primarily-franchisedIndonesianconvenience storechain. As of June 2023, it has over 18,000 stores in 27 provinces spread acrossIndonesia,with 4 million daily customers and tens of thousands of micro, small and medium-scale business partners.[1]Alfamart also has about 2,000 outlets in thePhilippinesas of September 2024.[2]The business was started in December 1989 as a trading and distribution company inJakartaby its president, Djoko Susanto.[3]Ten years later, Susanto ventured into the convenience store category with Alfa Minimart, with their first branch being inKarawaci, Tangerang,Banten.Later renamed as Alfamart, the convenience store brand has since expanded to the Philippines, with its first Philippine branch located inTrece Martires,Cavite.[4]

History

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Alfamart logo, used from 2003 until 2015. This logo is still used on some stores.

In 1989, Djoko Susanto and his family established a trading and distribution company that sold various products in Jakarta. The distribution company had a corporate share of 70% withSampoernaand the remaining 30% were with Susanto's PT Sigmantara Alfaindo.[3]

In 1999, Susanto ventured out into the convenience store business, branding it as Alfa Minimart. He opened his first branch at Jalan Beringin Raya,Karawaci, Tangerang,Banten.In the span of six years, Alfa Minimart grew to a total of 1,293 branches alongJava.The chain's name was later rebranded as Alfamart.

In 2006, Sampoerna sold its shares to Susanto's Sigmantara Alfaindo. Susanto gained 60% of the company's shares, while the remaining 40% was granted to a new shareholder, PT Mulia Prima Horizons.

In 2009, Alfamart joined theIndonesia Stock Exchangewith around 3,000 branches nationwide. The business was renamed as PT Sumber Alfaria Trijaya Tbk. Soon after, Alfamart brought theLawsonstores into Indonesia while expanding from being solely in the convenience store chain business, to the operation of supermarket stores with Alfamidi Mini Supermarkets.[3][5][6][7]

In 2014, Alfamart had 7,000 branches in Indonesia catering to an average of 2.5 million customers daily.[8]The company reported to have over 14,000 branches by the end of 2019.[9]

After its success in Indonesia, Alfamart expanded into the neighboring country of thePhilippines.Its entry into the Philippine market was made through a partnership withSM Investments Corporation,launching its first branch inTrece Martires,Cavitein June 2014.[4][10][11]In 2020, Alfamart in the Philippines started expanding into theVisayasandMindanaoregions, particularly inCebu,Davao,Cagayan de OroandZamboanga.[12][13]On November 11, 2020, its 1000th Philippine store inBarangaySantiago,General Trias,Cavite was opened.[14]

Now, the parent company of Alfamart, PT Sigmantara Alfindo or AlfaCorp, also owned the larger minimarket chain calledAlfamidiwhich is operated by PT Midi Utama Indonesia Tbk, andAlfa Expresswhich also serve coffee and fast food.

See also

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References

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  1. ^"Indonesia convenience store Alfamart seeks 'new economy' growth".Nikkei.Archivedfrom the original on 12 May 2021.Retrieved23 February2022.
  2. ^"Alfamart opens 2,000th store".www.gmanetwork.com.Retrieved2024-09-12.
  3. ^abc"Promo Member Alfamart Minimarket Lokal Terbaik Indonesia".Archivedfrom the original on 2019-11-07.Retrieved2016-12-01.
  4. ^ab"SM group enters convenience store business; opens Alfamart - The Manila Times Online".www.manilatimes.net.Archivedfrom the original on 2018-07-09.Retrieved2016-12-01.
  5. ^"WEBSTA - Instagram Analytics".WEBSTA.Archived fromthe originalon 2016-12-01.Retrieved2016-12-01.
  6. ^"Asia Nikkei Review - Japanese convenience stores fail to gain traction".Archivedfrom the original on 2016-12-01.Retrieved2016-12-01.
  7. ^"Brick-and-mortar retailer Alfamart goes full throttle on e-commerce".Digital News Asia.2016-05-31.Archivedfrom the original on 2020-07-11.Retrieved2016-12-01.
  8. ^"SM Group opens three Alfamart stores south of Mega Manila".GMA News Online.Archivedfrom the original on 2016-12-01.Retrieved2016-12-01.
  9. ^Cahyani, Dewi Rina (17 February 2020)."Alfamart Bakal Buka 1.000 Gerai Baru Tahun Ini".Tempo(in Indonesian).Archivedfrom the original on 6 August 2020.Retrieved13 August2020.
  10. ^"Alfamart Philippines targets 3000 stores".Inside Retail Asia.2015-03-03.Archivedfrom the original on 2019-11-07.Retrieved2016-12-01.
  11. ^"SM strikes gold with Alfamart partnership | SM Investments".sminvestments.com.Archived fromthe originalon 2016-12-05.Retrieved2016-12-01.
  12. ^"SM Will Introduce Alfa Mart In Visayas and Mindanao".About Cagayan de Oro.2016-08-23.Archivedfrom the original on 2019-11-07.Retrieved2016-12-01.
  13. ^Silva, Victor Anthony V. (2016-08-22)."SM eyes expansion in Visayas, Mindanao".Cebu Daily News.Archivedfrom the original on 2019-11-07.Retrieved2016-12-01.
  14. ^"Alfamart open its 1000th store in the Philippines by November 11 2020".business inquirer.11 November 2020.Archivedfrom the original on 26 August 2023.Retrieved11 November2020.
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