LuLu Group International news

03 January 2019
We look at the latest news from UAE-based Lulu. This includes Lulu’s retail division Tablez and its plans to expand in India, with an aim of opening 300 stores by 2020. Tablez hopes to generate a revenue of INR4bn (US$57.3m) by 2020, up from the INR1bn (US$14.5m) it generates currently. The revenue target will be driven by a range of retail brands and will not be solely down to LuLu’s grocery ...
10 December 2018
As UAE-based Lulu opens its seventh hypermarket in Bahrain, Spinneys announces its decision to grow further in Egypt and petrol forecourt operator ENOC sets out plans to expand in Saudi Arabia. Lulu opens new hypermarket in Bahrain Lulu has opened its seventh hypermarket in Bahrain, located in the recently opened Atrium Mall in Saar. The hypermarket will serve residents of Budaiya, Hamala, ...
27 November 2018
UAE-based Lulu has signed an agreement with the Saudi Arabian National Guard (SANG) to expand its presence in Saudi Arabia. As part of the agreement, Lulu will open two shopping centres and seven supermarkets in Dammam and Al Ahsa. Supermarkets promise employment for Saudi youth… The store openings are expected to create a significant number of jobs for young people in Saudi Arabia. Lulu ho...
07 November 2018
We look at how UAE-based Lulu and Spinneys Egypt are investing in Egypt. Lulu to open four new warehouses… Lulu has announced plans to invest US$500m to expand in Egypt over the next two years. The retailer will open four warehouses in 6 October City, New Cairo and Obour and two logistic centres. The logistic centres will support the logistics of frozen fish and are likely to be located nea...
30 October 2018
UAE-based LuLu has announced plans to invest US$500m to expand its presence in Egypt over the next two years. LuLu will build four hypermarkets… LuLu hopes to open four new hypermarkets in 6 October City, New Cairo and Obour. The expansion is expected to provide 40,000 job opportunities and is due to start in November 2018. …and two logistic centres The retailer will also build two lo...
24 July 2018
UAE-based Lulu has announced further expansion plans. We look at these and its latest store opening in more detail. 15 new hypermarkets by 2020 Lulu has opened its 13 th hypermarket in Saudi Arabia’s capital, Riyadh, and its 150 th hypermarket overall. It is the retailer’s largest hypermarket, at 220,000 sq. ft. The retailer’s overall expansion fits with the principles of Saudi Arabia'...
04 July 2018
United Arab Emirates-based hypermarket chain Lulu’s expansion plans continue both in Asia and the Middle East. We explore the retailer's short-term AED2 bn (US$544m) investment plans further. Entering China Lulu is looking to enter China by mid-2019. The retailer has not yet announced exactly what this will look like.  It has chosen China as it sees potential in the large, growing populatio...
13 June 2018
Ecommerce remains small in the Middle East compared to other regions globally. This is however beginning to change. We look at the different views of UAE-based retailers Lulu and Noon as to how quick this change will be. Lulu: investing in the physical store Lulu recently stated it does not see online as a threat to its physical stores. The retailer’s managing director, Yousurf Ali, said “...
11 April 2018
UAE-based Lulu is continuing to support the promotion of local produce in its stores in Qatar. We look at this and how the government is aiming to reduce the counties country’s dependence on food imports. Qatari Potatoes Festival The retailer has launched a “Qatari Potatoes Festival” with the Agricultural Affairs Department. The event will last three days and will be a platform for local fa...
07 March 2018
We look at the latest news from UAE-based Lulu. This includes international expansion and opening a new warehouse facility. Expansion: India, Indonesia and Saudi Arabia With the recent relaxation of international investment rules in India, Lulu has begun to increase its investment in the market. It opened its first mall in the country in 2013. So far in 2018 the retailer has invested US$300...