United Arab Emirates news & analysis

26 November 2015
With LuLu setting out its investment plans for Malaysia, Al Meera its medium term store opening aims and Smile Hypermarket announcing its first store in Oman, we round up news from retailers operating in the region. LuLu to invest to enter Malaysia UAE-based LuLu continues its expansion programme, with its chairman and managing director, Yusuffali M A, announcing it will invest MYR1.3 bn (U...
17 November 2015
As Carrefour’s franchisees in Morocco, Label'Vie, and the UAE, Majid Al Futtaim, announce expansion plans, Saudi Arabia-based Panda sets out a promotional campaign to celebrate 37 years since the opening of its first store and SPAR sets a target for store openings by 2018, we round up news from the region. Carrefour franchisee in Morocco to expand in sub-Saharan Africa Carrefour’s Morocco-b...
21 October 2015
As Qatar-based Al Meera undertakes the updating of its stores, Carrefour’s franchisee for the region, Majid Al Futtaim (MAF), freezes investment in Lebanon, 7-Eleven sets out its expansion plans for the UAE and Saudi Arabia-based Savola and Al Othaim announces Q3 results, we round up news from the region. Savola: Q3 results Savola, the owner of Saudi Arabia-based Panda, has announced third ...
08 October 2015
As UAE-based Majid Al Futtaim reaffirms its plans to double in size over the next five years, the emirates gained a new hypermarket operator in the form of Qatar-based Saudia Group and Spinneys, LuLu and Label’Vie announce expansion plans for different countries, we round up news from the region. UAE gets new hypermarket chain Qatar-based Saudia Group has opened its first Kenz Hypermarket i...
01 September 2015
As Qatar-based Al Meera’s sales rise 13% in its first half, Majid Al Futtaim and LuLu highlight the importance of their smaller stores and Portugal-based Sonae franchises its Continente hypermarket brand for the UAE, we round up news from the region. Majid Al Futtaim, LuLu spotlight benefits of smaller stores As part of interviews with the Abu Dhabi-based The National, representatives from ...
27 August 2015
Portugal-based Sonae has announced first half results and the fact that it is set to expand the presence of Continente hypermarket brand into the UAE as part of a franchise agreement with the Fathima Group. Growth of 0.4% in H1, like-for-like sales contract At Sonae MC turnover rose by 0.4% to €1.633 billion, which the retailer put down to the addition of two new stores compared to the same...
06 August 2015
UAE-based Majid Al Futtaim (MAF), which holds the exclusive rights to the Carrefour brand in 38 countries, has seen sales at its Carrefour stores rise by 7% to AED11.2 billion (US$3.0 billion) in the first half of its financial year. Expansion underpinning sales growth… MAF said that while sales rose 7%, its EBITDA increased by only 3% ‘ impacted by one-time costs associated with new market...
03 August 2015
As EMKE-owned LuLu sets out its online expansion plans, forecourt operator ADNOC and Nesto maintain their development strategies and the Sultan Center extends its agreement with UK-based Waitrose, we round up the news from the Middle East and north Africa. LuLu set to expand online offer UAE-based Lulu Hypermarket is set to add to e-commerce store in the medium term as shopper acceptance of...
27 July 2015
Our team of analysts travel around the world, seeking out the latest in FMCG retail innovation. We have selected some of the best stores from our visits across the year so far. UK - Waitrose Food & Home, Salisbury Selected by: Priya Chandarana, Retail Analyst Waitrose's newest flagship, this store has a clear focus on the retailer's food credentials. There is a particularly nice tie...
02 July 2015
As Saudi Arabia-based Panda and Lebanon-based Spinneys announce plans to expand in Egypt, LuLu and Géant are set to expand online in the UAE and Carrefour’s franchisee for Morocco, Label’Vie, secures funding for expansion in the country, we round up the news from the region. Panda planning to enter Egypt in 2015 Saudi Arabia-based Panda is set to open 16 stores in Egypt according the countr...