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It was inaugurated by Jokowi, the profile of Lulu Hypermarket would be closed

It was inaugurated by Jokowi, the profile of Lulu Hypermarket would be closed

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Tempo.co,, JakartaThe retail network of Lulu Hypermarket would soon be closed in the near future. Some points of sale are known for having offered products with a large reduction or a discount.

The director general of real estate commercial studies and shopping centers (CRSC), Yongky Susilo, said that the retail commercial conditions have long been soft, even since 2011. “Retail growth It's been a long time, “he said when he was contacted on Monday, April 7, 2025. So what is the profile of Lulu Hypermarket?

Launch of the official page, Lulu Hypermarket is a retail division of Lulu Group International. Lulu now has more than 260 points of sale dispersed in various countries, ranging from the United Arab Emirates (water), Egypt, India, Malaysia and Indonesia.

Lulu Hypermarket claims not only as an ordinary store, but provides several complete support facilities, such as large arrangements, parking lots, playgrounds for children, catering areaExchange of money and independent saying machine (ATM).

Lulu wears the slogan “where the world comes to shop (where people come to shop) “While his vision is to become a global retail brand by maintaining the position in the number one and trying to be a popular employer for multi -language employees in the present and the future.

Then, the mission had used to carry out the vision of Lulu, which offers unique purchasing experience to customers with unequaled quality in terms of products and services, while continuing to explore new market opportunities and add value to all business partners.

In Indonesia, the first point of sale of Lulu Hypermarket was inaugurated by the 7th president of RI Joko Widodo in Plaza Taman Modern, Cakung, East Jakarta on May 31, 2016. At that time, Jokowi said that the desire for retail stores to become the Gateway for Indonesian products to various countries, due to the vast network and the Tesie.

At that time, the opening of the first water hypermarket in Indonesia also participated in a number of ministers, civil servants, members of the Association of Affairs and the general public. Previously, the group of retail network owners had also announced an investment plan of US $ 500 million in the expansion of companies.

The first release of Lulu Hypermarket in Indonesia has an area of ​​200,000 square meters, which is expected to absorb more than 5,000 workers in three years. The point of sale is the 126th store in the world, belonging to Lulu Group.

The Lulu group, Yusuf Ali, said that Lulu's initial investment in Indonesia had reached $ 300 million in the first phase. “We plan to open 10 hypermarkets at the end of 2017, as well as a logistics and warehouse center in Indonesia,” he told Cakung on Tuesday, May 31, 2016, as a city of Between.

As for the period 2019 to 2020, Indonesia exports to the United Arab Emirates through the Lulu hypermarket was recorded at US $ 7.5 million. Certain Indonesian export products included in the retail network include clothing, fresh fruit, utensils and kitchens, paper, shrimps, chocolate.

Annisa Febiola And Eka Yudha Saputra Contribute to the drafting of this article.

Publisher's options: Echo Takbir refusing expulsion on the island of Ressang

Sources

1/ https://Google.com/

2/ https://www.tempo.co/ekonomi/pernah-diresmikan-jokowi-ini-profil-lulu-hypermarket-yang-dikabarkan-akan-tutup-1228735

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