Indonesia

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Indonesia

Capital: Jakarta| Area: 1.9 mio km² |
Population (2021): 279.1 mio | GDP (2021): € 1 003.4 bn

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. The company, which is Indonesia’s dominant home improvement retailer, disclosed net sales of 6.76…

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

Was Kingfisher able to increase turnover?

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493 new stores in the offing

Mr. DIY set to open in two new markets in 2023

The Malaysian retail chain plans to continue its expansion not only in Asia, but also in Europe. As…

Distribution11. July 2023

Green as far as the eye can see

The Van Uytsel Tuincentrum in Kontich, Belgium, grew out of a plant nursery and still clearly …

Garden4. July 2023

Adjusting to inflation

Mr. DIY Malaysia gears up for challenging 2023

As the shoppers’ spending power is affected by the impact of geopolitical tensions and …

Distribution10. May 2023