In today’s briefing:
- Ace Hardware Indonesia (ACES IJ) – Reasons to Be Helpful
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Ace Hardware Indonesia (ACES IJ) – Reasons to Be Helpful
- Ace Hardware Indonesia is starting to see the seeds of recovery come through in SSSG through April and May and should get a further boost from its BOOM sale.
- The company has resumed its store opening with plans for 13 new stores this year and a new store concept being rolled out across existing stores providing a potential boost.
- Ace Hardware Indonesia has a more cohesive digital strategy and has taken on its first brand ambassadors to boost millennial demand. Valuations remain attractive.