THE COST AND BENEFIT ANALYSIS OF MODERN RETAIL ARRANGEMENT POLICY IN INDONESIA: A JURIDICAL AND EMPIRICAL REVIEW
The rapid growth of minimarkets has increased their competition with traditional markets, leading to several issues in different regions. However, it is important to note that this does not imply a need to completely stop their operations, but rather that the government needs to formulate and implement policies for modern retail arrangements. The objective of this research was to analyze policies that can provide benefits to the existence of modern retail. In order to achieve this objective, a qualitative research method was adopted, utilizing both primary and secondary data. The results showed that there are specific dimensions that are essential for implementing beneficial modern retail arrangement policies. One of these crucial dimensions is the leadership aspect, which necessitates the involvement of leaders, especially regional leaders with effective strategies and capabilities, to facilitate business operations with minimarkets. This facilitation can take various forms, including licensing, registration, partnership, and financing, all aimed at enabling modern retail to effectively bring economic benefits to the local community.
Policy, Arrangement, Modern Retail