LuLu Group International news

02 January 2015
UAE-based LuLu has announced the opening of stores in Saudi Arabia, Qatar and Bahrain, while its managing director, Yousuf Ali, has discussed the retailer’s expansion plans for 2015 and how the fall in the oil price will not affect its expansion strategy. New hypermarket opened in Saudi Arabia, more to follow in short term LuLu opened its fourth hypermarket in Saudi Arabia in Riyadh, with t...
19 December 2014
As Fucom and LuLu discuss expansion plans and Majid Al Futtaim’s wider business operations invest in Beam Wallet, underlining the growing importance of mobile commerce in the region, we round up news from the region. Fucom to invest AED1 billion in Géant operations The UAE-based franchisee of Casino’s Géant banner, Fucom, has, on the opening of its largest hypermarket in the country, said t...
27 November 2014
As Fucom add a new supermarket, Circle K looks to grow in the UAE, LuLu sets out its plans to expand in both new and existing markets and Carrefour’s franchisee in Morocco, Label'Vie, discusses its short term investment strategy, we round up news from the Middle East and North Africa. Label'Vie set out investment plans to 2016 Carrefour’s franchisee for Morocco, Label'Vie, has announced pla...
29 August 2014
Saudi-Arabia-based, Savola-owned Panda has announced regional expansion plans that will see it grow its presence in UAE, where it operates one store, and enter the new market of Egypt. If Panda does hit its target it will increase competition across the Middle East and add a third leading regional competitor, alongside UAE-based Majid Al Futtaim and EMKE-owned LuLu. Investment to focus on UAE ...
30 July 2014
With expansion plans from Turkey-based Kiler, for the Monoprix brand and online, through EMKE-owned LuLu, we round-up news from this Middle East market. Kiler to open supermarkets in Qatar Turkey-based Kiler’s CFO, Kaan Aytogu, has said that the retailer has signed a memorandum of understanding (MoU) with Qatar-based Al Rayyan, which will lead to it opening Kiler supermarkets in Qatar’s ca...
12 June 2014
Showing how retailing in the region is evolving, we round up news from EMKE-owned LuLu as it investigates opportunities to build smaller stores in the UAE, Aramex looks to add click-and-collect lockers across the region and Al Meera sets out its expansion plans for Qatar. Al Meera to continue expansion in Qatar Qatar-based Al Meera has announced that it will invest US$412 million in the bui...
30 April 2014
LuLu Hypermarkets has announced that it is looking to maintain its store expansion programme in its home market of the UAE and will be investigating opportunities to grow elsewhere in the Middle East. 14 stores to be added by 2016 In an interview with local newspaper Emirates 24/7, the director of LuLu International, Salim M A, said that the retailer was looking to open 14 stores in Dubai and...
14 April 2014
UAE-based EMKE Group, which owns and operates the LuLu banner, has signed a joint venture agreement with Malaysia-based Felda that will lead to it open its first hypermarket in Jalan Masjid India in 2014. EMKE set to invest US$200 million in Malaysia The announcement came as part of a visit from Malaysia’s deputy prime minister, Tan Sri Muhyiddin Yassin, to Dubai. LuLu said it would open its ...
11 November 2013
In an interview with Arabian Business, the managing director of EMKE Group, which owns LuLu, M A Yousuf Ali, said that the retailer was aiming to add 42 hypermarkets by the end of 2015 in existing and new markets. Expansion to continue in existing markets… Yousuf Ali said that the retailer was aiming to add to its 104 stores in the Middle East by opening seven new hypermarkets in the UAE, six...
21 August 2013
The Middle Eastern market is quietly forging ahead and presenting interesting opportunities for consumer goods companies that are watching closely... While a number of emerging markets have been capturing the headlines for the last few years, countries in the Middle East have been quietly becoming more important and interesting for retailers and suppliers alike. With a population that is ...