Rajiv Warrier, Chief Executive Officer, Choithrams
Since the launch of its first store in the UAE five decades ago in 1974, grocery retail chain Choithrams continues to make significant strides towards growing its brand portfolio, strengthening channels and embracing sustainability and technology in its operations.
Choithrams UAE Over 50 Years:
Looking ahead towards the next 50, asked about a word that will dominate Choithrams’ journey, Chief Executive Officer, Rajiv Warrier said, “Looking at the next 50 years, one word that will be central to our business is sustainability. By that I mean sustainability of the business; of our stakeholders including suppliers, customers, bankers, employees and shareholders; of ideas and their execution; and of the community and the environment.”
Brand promise for 2024 & beyond
Growth Outlook: Online shopping will continue gaining traction and dark stores will become an important sales and delivery channel for grocery shopping in 2024 and beyond. Choithrams will align its growth strategy with these trends. Additionally, generational inclusivity in the workforce will be a big focus area for Choithrams.
Food Security Commitments: Choithrams commitment to advancing food security in the region is underpinned by five key strategies. Foremost is to maintain a substantial stock of essential commodities at its central distribution centre, ensuring a reliable supply chain. Simultaneously, it upholds the highest standards of food safety. Choithrams’ proactive approach extends to robust measures designed to curtail food waste, from meticulous inventory controls and stock rotation to innovative display strategies. Education forms a crucial aspect of its initiatives, informing customers about the paramount importance of food safety and the reduction of food waste. Choithrams continues to form meaningful collaborations with local and international organisations, fostering a united effort towards promoting food security across the region. What’s more, Choithrams is a strategic partner of the UAE Food Bank, fostering a resilient and secure food environment for the community.
Sustainability Goals: Aligned with the UAE’s net zero goal by 2050 Choithrams has undertaken significant steps to implement eco-friendly initiatives such as reducing plastic waste, water and energy consumption. Some highlights include: