Matahari Department Store Opens Its 106th store in Cimanggis Square

PT Matahari Department Stores Tbk (MDS), a leading department store in Indonesia, again expanded its network by opening its 106^th store in the Cimanggis Square, Depok.

MDS Cimanggis Squareis the second store in Depok area and the 13^th store in region West Java. Located on Jl. Raya Bogor KM. 29, Depok, MDS is proud to present the 106^th store to meet the needs of the community of Depok, as a part of MDS commitment to expand to various cities in Indonesia.

Cimanggis Squareitself is located in strategic location within that will enhance the convenience of shopping for its customers around Depok and other cities.

MDS Cimanggis Square gives you a different shopping atmosphere, with the new concept of lighting and design, the exclusive shopping area that are not less than 4,800 m2 located on the first floor of this building that filled with a variety of well-known brand that can be an option for you and your family.

MDS offers a wide selection of fashion products for both women and men, children and adults, many choices of accessories, cosmetics, housewares, shoes and bags collection available with special price.

In the opening of 106^th store, MDS provides a variety of special promotions for customers, such as providing goodie bags, discount coupon in MDS catalog, shopping rally with shopping voucher prizes worth a total of Rp. 9.000.000,- (nine million Rupiah). MDS is also offering Gift with Purchase prized Vierra’s signed photo and also shopping rally with prize Vierra will directly visit the customer’s house with the highest purchase. This is part of MDS commitment to always provide the best for its customers.

MDS will also hold the public entertainment for the community on the opening of MDS Cimanggis Square. Live music on Saturday with local bands and vocal groups, Princess, also the well-known band, Vierra, is expected to enliven the opening series of this event.

The presence of MDS in Cimanggis Square is also a form of MDS active role in improving local economy by creating jobs for Cimanggis and surrounding community. Recorded not less than 270 employees of MDS come from Depok city and surrounding areas. "MDS continues to contribute the best for local people. So that many people will feel the positive impact of the presence of MDS in Depok city," said Andre Rumantir.

At the opening ceremony of this MDS Cimanggis Square store, MDS handover the donation to Yayasan Obor Berkat Indonesia (OBI), which was donated by the customer through MDS cashier throughout Indonesia. Donation in total amount Rp. 340 357 823,- is used to help children who suffer from Hernia pain and require immediate treatment through surgery. Funds collected until April was given to OBI to funding several surgery for poor people that needs help.

The capital expenditure for MDS new store is ranging between Rp 30 billion – Rp40 billion per store. All the financing plan is sourced from internal cash.

Based on financial data through 2011, total sales of PT Matahari Department Stores Tbk reached Rp 9.2 trillion, growing quite rapidly over the previous year which recorded Rp 7.9 trillion.