Alfamart

Last updated
PT Sumber Alfaria Trijaya Tbk
Alfamart
Company type Public
IDX:  AMRT
Industry Convenience stores
FoundedFebruary 22, 1989;36 years ago (1989-02-22)
Headquarters Tangerang, Banten, Indonesia
Area served
Indonesia (except West Sumatra and Papua provinces)
Philippines
Bangladesh
Key people
Djoko Susanto (President)
RevenueIncrease2.svg Rp 56.1 trillion (2016)
Increase2.svg Rp 553.8 billion (2016)
Total assets Increase2.svg Rp 19.474 trillion (2016)
Number of employees
42,115 (2022)
Parent AlfaCorp  ( id )
Subsidiaries Alfamart Retail Asia Pte, Ltd. (Alfamart Philippines)
PT Midi Utama Indonesia Tbk. (MIDI) - (Alfamidi  ( id ) ; 89,43%)
PT Lancar Wiguna Sejahtera (Lawson Indonesia)
PT Sumber Indah Lestari
PT Sumber Trijaya Lestari
PT Sumber Wahana Sejahtera
PT Global Loyalty Indonesia
PT Trimitra Trans Persada, Tbk. (BLOG)
Website www.alfamart.co.id (Indonesia)
www.alfamart.com.ph (Philippines)

PT Sumber Alfaria Trijaya Tbk, doing business as Alfamart, is an Indonesian primarily-franchised convenience store chain. As of June 2023, it has over 18,000 stores in 27 provinces spread across Indonesia, with 4 million daily customers and tens of thousands of micro, small and medium-scale business partners. [1] The business was started in December 1989 as a trading and distribution company in Jakarta by its president, Djoko Susanto. [2] Ten years later, Susanto ventured into the convenience store category with Alfa Minimart, with their first branch being in Karawaci, Tangerang, Banten. Later renamed as Alfamart, the convenience store brand has since expanded to the Philippines, with 2,337 branches there since the end of September 2025. [3]

Contents

History

Alfamart logo, used from 2003 until 2015. This logo is still used on some stores. Alfamart.svg
Alfamart logo, used from 2003 until 2015. This logo is still used on some stores.

In 1989, Djoko Susanto and his family established a trading and distribution company that sold various products in Jakarta. The distribution company had a corporate share of 70% with Sampoerna and the remaining 30% were with Susanto's PT Sigmantara Alfaindo. [2]

In 1999, Susanto ventured out into the convenience store business, branding it as Alfa Minimart. He opened his first branch at Jalan Beringin Raya, Karawaci, Tangerang, Banten. In the span of six years, Alfa Minimart grew to a total of 1,293 branches along Java. The chain's name was later rebranded as Alfamart.

In 2006, Sampoerna sold its shares to Susanto's Sigmantara Alfaindo. Susanto gained 60% of the company's shares, while the remaining 40% was granted to a new shareholder, PT Mulia Prima Horizons.

In 2009, Alfamart joined the Indonesia Stock Exchange with around 3,000 branches nationwide. The business was renamed as PT Sumber Alfaria Trijaya Tbk. Soon after, Alfamart brought the Lawson stores into Indonesia operated by PT Lancar Wiguna Sejahtera, which was a subsidiary of Alfamidi, while expanding from being solely in the convenience store chain business, to the operation of supermarket stores with Alfamidi Mini Supermarkets. [2] [4] [5] [6]

In 2014, Alfamart had 7,000 branches in Indonesia catering to an average of 2.5 million customers daily. [7] The company reported to have over 14,000 branches by the end of 2019. [8]

After its success in Indonesia, Alfamart expanded into the neighboring country of the Philippines. Its entry into the Philippine market was made through a partnership with SM Investments Corporation, launching its first branch in Trece Martires, Cavite in June 2014. [9] [10] [11] This partnership allowed Alfamart to carry SM Bonus branded grocery item in its stores. Since then, Alfamart has expanded to more than 11 provinces in the Philippines, including 15 cities in Metro Manila. By the end of September 2025, it has grown to 2,337 branches across the country with plans to add 250 new stores by 2026. [3]

On 15 May 2025, Alfamidi sold Lawson's operating company to Alfamart, which Alfamart acquired it worth of Rp.200 Billion, making Lawson a subsidiary of Alfamart. [12] [13]

On October 2025, Alfamart entered Bangladeshi market on a partnership with Kazi Farms. [14]

Now, the parent company of Alfamart, PT Sigmantara Alfindo or AlfaCorp  ( id ), also owned the larger minimarket chain called Alfamidi  ( id ) which is operated by PT Midi Utama Indonesia Tbk, Alfa Express  ( id ) which also serve coffee and fast food, and AlfaX which combines convenience store with co-working space and targets generation X and millenials. [15] [16]

See also

References

  1. "Indonesia convenience store Alfamart seeks 'new economy' growth". Nikkei. Archived from the original on 12 May 2021. Retrieved 23 February 2022.
  2. 1 2 3 "Promo Member Alfamart Minimarket Lokal Terbaik Indonesia". Archived from the original on 2019-11-07. Retrieved 2016-12-01.
  3. 1 2 "SM keen on Alfamart expansion". philstar.com. 15 December 2025. Retrieved 15 December 2025.
  4. "WEBSTA - Instagram Analytics". WEBSTA. Archived from the original on 2016-12-01. Retrieved 2016-12-01.
  5. "Asia Nikkei Review - Japanese convenience stores fail to gain traction". Archived from the original on 2016-12-01. Retrieved 2016-12-01.
  6. "Brick-and-mortar retailer Alfamart goes full throttle on e-commerce". Digital News Asia. 2016-05-31. Archived from the original on 2020-07-11. Retrieved 2016-12-01.
  7. "SM Group opens three Alfamart stores south of Mega Manila". GMA News Online. Archived from the original on 2016-12-01. Retrieved 2016-12-01.
  8. Cahyani, Dewi Rina (17 February 2020). "Alfamart Bakal Buka 1.000 Gerai Baru Tahun Ini". Tempo (in Indonesian). Archived from the original on 6 August 2020. Retrieved 13 August 2020.
  9. "SM group enters convenience store business; opens Alfamart - The Manila Times Online". www.manilatimes.net. Archived from the original on 2018-07-09. Retrieved 2016-12-01.
  10. "Alfamart Philippines targets 3000 stores". Inside Retail Asia. 2015-03-03. Archived from the original on 2019-11-07. Retrieved 2016-12-01.
  11. "SM strikes gold with Alfamart partnership | SM Investments". sminvestments.com. Archived from the original on 2016-12-05. Retrieved 2016-12-01.
  12. "Alfamart Resmi Beli Lawson dari Alfamidi Rp200 M" [Alfamart Officially Acquires Lawson from Alfamidi for Rp. 200 Billion]. CNN Indonesia (in Indonesian). 15 May 2025. Retrieved 2 June 2025.
  13. "Alasan MIDI Jual Lawson ke Alfamart: Kontribusi Pendapatan Tidak Signifikan" [Reasons for MIDI Selling Lawson to Alfamart: Insignificant Contribution to Revenue]. Tempo (in Indonesian). 23 May 2025. Retrieved 2 June 2025.
  14. "Alfamart enters Bangladesh with $120m retail venture in partnership with Kazi Farms". The Business Standard. 2025-10-07. Retrieved 2025-10-07.
  15. Joewono, Stanley (11 June 2022). "AlfaX, Konsep Terbaru dari Alfamart! Apa Bedanya Dengan Alfa 'Biasa'?" [AlfaX, the latest concept from Alfamart! How is it different from the “regular” Alfa?]. ussfeed.com (in Indonesian). Retrieved 2 June 2025.
  16. "Alfa X Indonesia". Instagram .