LuLu Group International news

01 February 2016
The chairman of UAE-based LuLu, Yusuf Ali, has said that the retailer is aiming to invest AED1.1 bn (US$299.5m) on the addition of 11 new stores in the GCC in 2016. If met, the expansion will see LuLu operate 132 stores by the end of the year. Store growth helping to drive sales LuLu’s continued focus on adding stores has underpinned sales growth in recent years and helped the retailer gene...
05 January 2016
As UAE-based LuLu set outs expansion plans for Egypt following the opening of its first store in the country, Saudi Arabia-based Al Othaim investigates opportunities for the same country and Carrefour celebrates nine years in Jordan, we round up news from the region. LuLu aiming for 10 stores in Egypt after first store opens LuLu has opened its first store in Egypt, a c. 16,000 sq. m hyperm...
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...
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...
15 September 2015
As EMKE-owned LuLu sets out its investment plans for its expansion into Indonesia, the Saudi Arabian government announces plans to relax investment laws in retailing, while Danube is rumoured to be looking to sell a stake in its business and Al Meera continues to expand in Qatar, we round up news from the region. Saudi Arabia to change foreign ownership laws for retail sector The Saudi Arab...
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 ...
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...
18 May 2015
As UAE-based, EMKE-owned LuLu announces plans to expand in Oman, Al Meera maintains its expansion and the Abu Dhabi Co-operative Society signs an agreement to manage Souq stores in the UAE, we round up the news from the region. LuLu to grow presence in Oman in 2015/16 In separate announcements, EMKE-owned LuLu has said that it opened a new retail complex at Oman’s Defence Ministry, while it...