Back
ACES - Ace Hardware Indonesia

ACES - Expanding store network outside Java this year

11 March 2025

ACES - Expanding store network outside Java this year Aspirasi Hidup Indonesia (ACES) continue to focus on expanding its retail network outside Java through both physical store openings and omnichannel services. Following its rebranding, the company launched its first ACES store in Papua on 12 Feb 2025, to strengthen its presence in Eastern Indonesia, followed by another opening in Bekasi. Currently, ACES operates 247 stores across 76 cities. The company is committed to enhancing customer experience through modern and seamless shopping innovations while also strengthening collaborations for sustainable business growth. Note that, ACES recorded revenue of IDR6.1 tn (+13.57% yoy) and net profit of IDR567.8 bn (+16.64% yoy) in 9M24. (Source : Bisnis Indonesia)

Related Research

Retailers
ACES - Seeing the light at the end of the tunnel
Devi Harjoto, Alfiansyah 04 April 2022 See Detail
Retailers
ACES - Tailwind from improving purchasing power
Devi Harjoto, Alfiansyah 18 May 2022 See Detail
Retailers
ACES - Heading towards a brighter 2024
Andre Suntono 10 November 2023 See Detail