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Seven-Eleven to set up shop in Indonesia

April 10, 2009
By Ken Worsley


A few days ago the Nikkei reported that Seven-Eleven Inc. has reached a licensing agreement with Modern International Group, an Indonesian firm that will bring Japan’s largest convenience store brand to Indonesia as early as this fall. While the Nikkei notes that strict regulations often make it difficult for firms to set up shop in Indonesia, plans are for the first locations to open in Jakarta and be followed by stores in Bandung and Surabaya.

Filed Under Convenience Stores, Retail 

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Comments

4 Responses to “Seven-Eleven to set up shop in Indonesia”

  1. Arup Sarkar on April 12th, 2009 3:35 pm

    Having spent over 22 years in Japan I really feel sad when I see Japanese decision making with regard to foreign investment / foreign market entry strategy. I sincerely wish they stop making the bad decision which I had been seeing from eighties, initially starting in the US real estate, then in Australia, and in overall across the board in China, South-East Asia, and continuing to the same and even repeating old mistakes in my homeland (India). I am available to answer to any kind of question from them (Japanese Corporate leaders) and quietly confident that I have the ability to lead them to rectifying the process of identification and implementation when it comes to entering into foreign market in general and specifically in India. The recent investments in India by Japanese Corporation like NTT Docomo, Daiichi Sangyo, Nomura (buying Lehman India unit) and so on….
    With all due respect to the Japanese Corporate leaders I conclude saying that
    please identify the right minded hands on knowledge Consultants, take second, third opinion wherever necessary before making the final decision.
    Wishing Seven-Eleven all the best in Indonesia.
    Yours truely
    Arup Sarkar

  2. Ken Worsley on April 15th, 2009 12:56 am

    At first I wasn’t sure what your comment is getting at, but I think I get it. You are aware that the domestic population (market) is shrinking and that Japanese firms need to expand overseas to stay alive, but you disagree with they way they are going about their business. I must agree with you there, on a few of the cases you mentioned above (especially Nomura and DoCoMo).

    I think the end of your comment really gets to the heart of the matter, which is not listening to second or third opinions from outside consultants. Having worked on this end, I used to be frustrated by it myself, but eventually learned there was no need to be.

  3. syah on April 21st, 2010 5:00 pm

    i want to open one branch seven eleven in south jakarta, how can i manage that ??

  4. Ken Worsley on April 21st, 2010 5:03 pm

    With some management skills!

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