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PT Matahari Department Store Tbk

Founded by : Hari Darmawan, 1 January 1958

Kabupaten Tangerang, Indonesia
More than 5000 employees

About the Company

PT Matahari Department Store Tbk is a leading retail company in Indonesia, offering a wide range of consumer goods such as fashion, cosmetics, and household appliances. Established in 1958, the company has grown to become one of the largest department store chains in the country, with over 160 stores across 70 cities. Matahari Department Store is known for its high-quality products and affordable prices, catering to both middle and upper-class customers. In 2020, the company generated a revenue of IDR 21.9 trillion and employed over 25,000 people. Matahari Department Store is committed to sustainability, implementing various initiatives to reduce its environmental impact and support local communities.

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, PT Matahari Department Store Tbk’s industry classification falls within the following categories:
  • Sector: Consumer Discretionary
  • Industry group: Consumer Discretionary Distribution & Retail
  • Industry: Broadline Retail
  • Sub-Industry: Broadline Retail
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Company Address

Boulevard Palem Raya no. 7, Lippo Karawaci, Tangerang, ID

Source : Google maps