Lals Group announces expansion in the UAE, KSA


August 16, 2015 | By RetailME Bureau

Dubai-based retailer Lals Group plans to open up to 18 stores in the UAE and Saudi Arabia over the next 12 months. The group plans to invest between AED90-and-100 million for this expansion.

< p style="margin: 0px; text-align: justify"> Lals Group plans to open up to three Homes r Us outlets in Saudi Arabia, where it currently has 18 stores including brands such as Daiso, Oshkosh and Carter’s. In the UAE, the group plans to add 12-15 stores to the existing 110 under brands incuding Daiso, Bossini, Carter’s and G2000.

“The reason for expansion is simple. We want to be located next to wherever our customer is going to live or shop,” says Lals Group CEO Jayant Ganwani.

The group is also keen to foray into the Iran market with its brands Daiso and Homes r Us once economic sanctions imposed on the country are lifted, which is expected by early next year. “Iran boasts an 80-million strong population. There is pent up demand there,” feels Ganwani.

Previous Article Next Article

SHARE


TRENDS


Elmoataz Obada, Co-Founder, Monkey Distribution

The power of pop

From butter beer to brooms. Dobby themed coffee mugs and keychains to 

Continue Reading

May 6, 2024 | By Rupkatha B




YOU MAY ALSO LIKE /



As the demand for healthier food choices surges, ROOTS Food is leading 

Continue Reading

April 10, 2025 | By Anurima Das

A new chapter unfolds for the leading tech-driven, hyperlocal e-commerce company, Rabbit, 

Continue Reading

April 8, 2025 | By RetailME Bureau

Lulu Retail, the GCC’s retail powerhouse, has reported a transformative FY 2024, 

Continue Reading

February 11, 2025 | By RetailME Bureau
Lulu and MoIAT join hands to promote UAE-made products

The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu 

Continue Reading

December 6, 2024 | By RetailME Bureau
Sunil Kumar, CEO, Spinneys

Starting as a shelf packer in 1994, Sunil Kumar saw his way 

Continue Reading

October 29, 2024 | By RetailME Bureau




Download Images RetailME Magazine