ACES – Sustaining growth on store expansions and promotions

ACES – Sustaining growth on store expansions and promotions Aspirasi Hidup Indonesia (ACES) has allocated capex of IDR250–300 bn this year for the opening of 25–30 new stores, primarily outside of Java, as well as for promotional activities. Recently, ACES has launched a “boom sale” promotion to boost sales growth from May 28 to June 24, 2025, which was advertised in high-traffic public areas such as bus stops and transit stations. Additionally, ACES continues to offer discounts on selected products to attract buyers. Note that, ACES has already realized IDR43.55 bn in capex as of March 2025. (Source : Kontan)