The journey of Parkson Retail Asia Ltd in Indonesia’s retail business begins with the acquisition of Centro Department Store in 2011 under PT Tozy Sentosa. Pursuing dual brand strategy in Indonesia, existing Centro Department Store’s network was expanded in the middle class segment, and at the same time introduced Parkson Department Store to meet the needs of mid to middle upper segment in major cities in Indonesia.
ABOUT PARKSON RETAIL ASIA
Established in 1987, Parkson Retail Asia Limited (“Parkson” or the “Company”, and together with its subsidiaries, the “Group”) is a leading and award-winning Southeast Asian department store retailer. Listed on the Mainboard of the Singapore Exchange Securities Trading Limited (the “SGX-ST”) on 3 November 2011, Parkson’s department store count currently extends across cities in Malaysia, Vietnam, Indonesia and Myanmar.
Over the last 30 years, the Group has built up a solid reputation as Southest Asia’s leading department store operator through its continuous innovation and collaboration with numerous international brands to offer consumers in the middle and upper-middle income segment a wide range of merchandise. Well-entrenched in Southeast Asia, PRAL is well-poised to harness the potential of the region’s strong retail growth.The Group has recently ventured into the lifestyle retail concept business where its department store operations are complemented with elements of entertainment and food and beverages. The Group has also introduced private label brands, as well as agency apparel lines of numerous international brands.
As it seeks to continuously refresh and enhance its offering, Parkson consistently strives to cater to the varying needs and preferences of its customers and to deliver value for its shareholders.
Centro has established in Indonesia fashion and lifestyle industry for over 15 years and continues to update the current fashion trends and lifestyle. Centro Department Store currently has 12 outlets around Indonesia.
Parkson has become an Asian retail success story. Over 27 years, Parkson regionally has built an unrivalled reputation as Asia’s leading department store through continuos innovation, vision and customer-first ethos. Parkson Retail Asia proudly operates more than 130 outlets in Malaysia, China, Vietnam, Sri Lanka, Cambodia, Myanmar and Indonesia. Parkson Department Store in Indonesia currently has 3 outlets, with the first outlet opened in November 2013 at Centre Point Medan, a second outlet in June 2014 at Lippo Mall Puri, St Moritz and a third outlet in December 2015 at Hartono Mall Yogyakarta.
OUR STORE NETWORK