Nama: Nurul Fauzan Nugraha

NIM: C1C017028
Description of PT. Matahari Department Store Tbk

Matahari Department Store is a leading retail company located in Tangerang,

Indonesia. was founded by Hari Darmawan on October 24, 1958. Its first store was a
clothing store for children, opened in Pasar Baru, Jakarta. Matahari has continued to
develop into a national company, opening Indonesia's first modern department store
in 1972 and establishing a loyal customer base throughout Indonesia. The company
works with 700 trusted local and international suppliers. so this company provides
fashion equipment, accessories, beauty, to high quality household appliances at low
prices.

Matahari has been present in the Indonesian retail scene for nearly 6
decades. and has a good corporate reputation with an Award ranked 3rd among
Indonesian retailers in the Top 500 Retail Asia Pacific, Brand Asia 2018 - Top 3 Most
Powerful Retail Brands in Indonesia from Nikkei BP Consulting, Inc., WoW Brand
Award 2019 - Gold Champion from MarkPlus Inc., Indonesia Netizen Brand Choice
Award 2018 from Warta Ekonomi. Currently, Matahari Department Store is a
subsidiary of the Lippo Group. to date, Matahari Department Store already has 153
outlets in 76 cities in Indonesia. Now, adjusting to the conditions of the times with
the rise of e-commerce in Indonesia, Matahari has opened an online outlet with the
address MatahariMall.com. However, this website was replaced with Matahari.com.