PT Matahari Department Store Tbk (LPPF) is engaged in retail business for several types of products, such as clothes, accessories, cosmetics, household appliances, and management consulting service. Its first outlet was opened in October 24, 1958. Later on, it opened the first modern department store in Indonesia in 1972. It went IPO in 1989. Currently, the company operates 153 stores in 76 cities across Indonesia, as well as developing its business online through Matahari.com