In 2007, nine years after opening of Ranch Market, the Company decided to expand its business by catering new target market, the middle and upper middle class. The Company developed new supermarket concept namely Farmers Market. In general, Farmers Market has larger area and sells more local products. In line with its tagline, “Fresh and Friendly”, Farmers Market commits to always provide fresh and high quality products and provides excellent service.
In 2012, the Company conducted initial public offering of 312,897,500 shares and listed all of its shares in the Indonesia Stock Exchange.
By the early 2020, the Company has operated 48 stores, consisting of 16 Ranch Markets, 29 Farmers Markets, 1 The Gourmet by Ranch Market and 2 Day2Day by Farmers Market, located in several cities in Jakarta, Jabodetabek, Surabaya, Malang, Balikpapan, Samarinda, Pekanbaru, Ambon, Dumai & Palembang.