Business · Companies · 37 mins ago

Djoko Susanto built Alfamart from a small Jakarta shop

Djoko Susanto built Alfamart from a small Jakarta shop

Djoko Susanto started in his family’s small shop in Petojo, Jakarta, before building a major retail business.

He first grew the shop into a wholesale cigarette business and became a leading distributor for Gudang Garam.

Putera Sampoerna hired him to lead sales at the cigarette company HM Sampoerna in the late 1980s.

In 1989, Djoko and Sampoerna launched a retail business, which developed from a warehouse outlet into supermarkets.

He launched Alfa Minimart in 1999, offering shoppers a more convenient way to buy everyday goods.

The business later took the name Alfamart and expanded across Indonesia.

The group now has more than 23,000 stores, including Alfamart, Alfamidi and Lawson, making it a major presence in the country’s retail sector.

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Sam SetyautamaAuthor of Tokoh-Tokoh Etnis Tionghoa di Indonesia
With a capital of Rp 2 billion, the warehouse was transformed into Toko Gudang Rabat, with 40% of the shares owned by Putera Sampoerna, and the rest owned by Kwok Kwie Fo (alias Djoko Susanto).
via CNBC Indonesia