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Alfamart

From Wikipedia, the free encyclopedia
Indonesian convenience store chain
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PT Sumber Alfaria Trijaya Tbk
Current logo since 2015
An Alfamart store inBogor Regency,West Java,Indonesia
Alfamart
Company typePublic
IDXAMRT
IndustryConvenience stores
FoundedFebruary 22, 1989; 36 years ago (1989-02-22)
HeadquartersTangerang,Banten, Indonesia
Area served
Indonesia (exceptWest Sumatra,Papua,West Papua,Highland Papua andSouth Papua)
Philippines
Key people
Djoko Susanto (President)
RevenueIncreaseRp 56.1 trillion (2016)
IncreaseRp 553.8 billion (2016)
Total assetsIncrease Rp 19.474 trillion (2016)
Number of employees
42,115 (2022)
Websitewww.alfamartku.com (Indonesia)
www.alfamart.com.ph (Philippines)

PT Sumber Alfaria Trijaya Tbk orAlfamart is a primarily-franchisedIndonesianconvenience store chain. 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] The business was started in December 1989 as a trading and distribution company inJakarta by its president, Djoko Susanto.[2] 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, putting up a total of 2,100 branches there by the end of 2024.[3]

History

[edit]
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% withSampoerna and the remaining 30% were with Susanto's PT Sigmantara Alfaindo.[2]

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 Exchange with around 3,000 branches nationwide. The business was renamed as PT Sumber Alfaria Trijaya Tbk. Soon after, Alfamart brought theLawson stores into Indonesia while expanding from being solely in the convenience store chain business, to the operation of supermarket stores with Alfamidi Mini Supermarkets.[2][4][5][6]

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

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,Cavite in June 2014.[9][10][11] In 2020, Alfamart in the Philippines started expanding into theVisayas andMindanao regions, particularly inCebu,Davao,Cagayan de Oro andZamboanga.[12][13] By the end of 2024, there are now 2,100 branches in the Philippines with a plan to add 200 more in 2025.[14]

Now, the parent company of Alfamart, PT Sigmantara Alfindo or AlfaCorp, also owned the larger minimarket chain calledAlfamidi which is operated by PT Midi Utama Indonesia Tbk, andAlfa Express which 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.Archived from the original on 12 May 2021. Retrieved23 February 2022.
  2. ^abc"Promo Member Alfamart Minimarket Lokal Terbaik Indonesia".Archived from the original on 2019-11-07. Retrieved2016-12-01.
  3. ^"SM's Alfamart grows network to over 2,300 stores, targets underserved Luzon areas".mb.com.ph. Retrieved2025-02-26.
  4. ^"WEBSTA - Instagram Analytics".WEBSTA. Archived fromthe original on 2016-12-01. Retrieved2016-12-01.
  5. ^"Asia Nikkei Review - Japanese convenience stores fail to gain traction".Archived from the original on 2016-12-01. Retrieved2016-12-01.
  6. ^"Brick-and-mortar retailer Alfamart goes full throttle on e-commerce".Digital News Asia. 2016-05-31.Archived from the original on 2020-07-11. Retrieved2016-12-01.
  7. ^"SM Group opens three Alfamart stores south of Mega Manila".GMA News Online.Archived from the original on 2016-12-01. Retrieved2016-12-01.
  8. ^Cahyani, Dewi Rina (17 February 2020)."Alfamart Bakal Buka 1.000 Gerai Baru Tahun Ini".Tempo (in Indonesian).Archived from the original on 6 August 2020. Retrieved13 August 2020.
  9. ^"SM group enters convenience store business; opens Alfamart - The Manila Times Online".www.manilatimes.net.Archived from the original on 2018-07-09. Retrieved2016-12-01.
  10. ^"Alfamart Philippines targets 3000 stores".Inside Retail Asia. 2015-03-03.Archived from the original on 2019-11-07. Retrieved2016-12-01.
  11. ^"SM strikes gold with Alfamart partnership | SM Investments".sminvestments.com. Archived fromthe original on 2016-12-05. Retrieved2016-12-01.
  12. ^"SM Will Introduce Alfa Mart In Visayas and Mindanao".About Cagayan de Oro. 2016-08-23.Archived from 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.Archived from the original on 2019-11-07. Retrieved2016-12-01.
  14. ^"SM Group to expand Alfamart footprint by 200 new stores in 2025".www.gmanetwork.com. Retrieved2025-02-26.

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