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Ace Hardware will open new outlet in Queen City Mall Semarang

23 June 2020 14:30

JAKARTA. PT Ace Hardware Indonesia Tbk (ACES), the retail company that owns the Ace Hardware outlet network, plans to open an outlet at Queen City Mall Semarang, Central Java.

Helen Tanzil, Corporate Secretary of ACES, said the outlet was the ninth store opened by the company this year. In the disclosure of information submitted to the Indonesia Stock Exchange today, it was stated that the outlet would be opened on 24 June 2020. Until now, ACES has had 204 outlets spread across various cities in Indonesia.

Tanzil said that the new outlet in Semarang will have an area of 7,200 square meters. However, she did not mention how much investment the company spent on the new store. (KR/AR)

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