UAE-based LuLu Group will open eight more hypermarkets in Saudi Arabia in two years and invest $213 million in the expansion across the Kingdom, says Yusuffali MA, managing director of LuLu Group.
“We are very clear in our approach to expansion. I am very confident about the economic situation of Saudi Arabia and we are fully committed to continue our forwards march,” he adds.
The group has recently opened a new hypermarket in Riyadh, taking the count to 112.
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What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
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From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
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/ What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
From ethical and local sourcing to adopting cutting-edge technologies to curb food
The regional grocery retail market is becoming more and more diverse, offering
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