Shops Close One by One as Balikpapan Plaza Retailers Move Online
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Many shops at Plaza Balikpapan in East Kalimantan have permanently closed, leaving the mall noticeably emptier than in previous years.
- A significant drop in customer numbers has caused revenue to fall by up to 90 percent for some businesses.
- To survive, many retailers are closing their physical stores and shifting their sales operations online, using digital platforms for marketing.
The once-bustling corridors of Plaza Balikpapan in East Kalimantan now echo with a noticeable quiet, as numerous shops have permanently shuttered their doors. The once-vibrant shopping center now presents a starkly different scene compared to just a few years ago, with many retail spaces standing empty.
Retailers report a dramatic decline in foot traffic, directly impacting their sales. For many, revenue has plummeted by as much as 90 percent, a situation that has forced difficult decisions. The changing shopping habits of consumers and the intense competition have created an environment where survival is a daily challenge.
In response to these harsh realities, a growing number of business owners are choosing to close their physical storefronts. They are transitioning their operations to operate from home, leveraging the power of digital platforms to reach customers. This shift represents a significant adaptation to the evolving retail landscape, prioritizing online presence to maintain sales and stay afloat.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.