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Dream - PT Sepatu Bata Tbk (BATA) has ceased production at its factory located in Purwakarta as of April 30, 2024. This closure is due to the continuously declining production demand.
The following is the translation of the given 'Bahasa' text to 'English' while preserving any HTML tags: "Director of Bata Shoes, Hatta Tutuko, explained that this decision was made after four years of various efforts in the midst of a challenging industry condition due to the impact of the pandemic and rapid changes in consumer behavior."
The shoe brand Bata is certainly not unfamiliar in Indonesia. Bata has been present in Indonesia since 1931, 14 years before the proclamation of Indonesia. Bata has become one of the largest factories in Indonesia. This brand is known for its school shoes with the tagline "Back to School".
Apart from Bata, other retail brands have already closed their stores in the Indonesian market. Here are some of them.
The translation of "Matahari" from Bahasa to English is "Sun".
PT Matahari Department Store Tbk or known as Matahari is still in existence until now. However, this retail has closed 13 of its stores in 2021. Then throughout 2020, Matahari closed 25 of its stores. Some of these stores are located in Yogyakarta, Bandung, Bogor.
"Transmart"
Transmart, owned by Chairul Tanjung, has also closed 12 of its outlets in 2022. Recently, Transmart Lebak Bulus, South Jakarta, also closed on November 1, 2023.
"Mount Agung Bookstore"
The legendary book store, which has been established since 1953, will close all of its branches in 2023. This closure is due to significant operational cost losses.
"Giant"
Giant entered the legendary retail that has closed all of its outlets in July 2021. Giant closed after PT Hero Supermarket Tbk. as the managing company announced the end of retail operations in May 2021.
"Ramayana"
During Covid-19, PT. Ramayana Lestari Sentosa Tbk closed 19 of its stores in 2021. One of the reasons for the store closures is due to the Covid-19 pandemic, which triggered operational restrictions in shopping centers.
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