Lulu opens sixth hypermarket in KSA


January 13, 2016 | By RetailME Bureau

UAE-based Lulu Group International has opened its sixth hypermarket at Dammam in Saudi Arabia, taking its total outlets in the region to 121.

The latest hypermarket was officially inaugurated today by Prince Saud bin Abdullah bin Abdul Aziz on. The occasion was graced by Engineer Abdullah Al Ahamed, president of Dammam Municipality and several high ranking officials from various government departments, representatives from local business community and prominent citizens.

Other key attendees at the inauguration included Ashraf Ali MA, Lulu Group executive director; Althaf Mohamed and Salim MA, directors; Abdul Basheer, Mohammed Shehim and Mohammed Mustafa; regional directors, Saudi Arabia.

Located on Prince Mohamed bin Fahad Road in Dammam, the new hypermarket provides a one-stop shopping destination for the growing city dwellers, which include a growing community of nationals and expatriates. The hypermarket also houses Sparky’s family entertainment centre, food court consisting of authentic Arabic fine dining, Arabic and Filipino cuisine and cafés, pharmacy, ATM and money exchange.

Speaking at the inauguration, Lulu group chairman Yusuffali MA announced the proposed launch of four more hypermarkets this year. “In 2017 we will open another six hypermarkets in the Kingdom including Makkah and Madinah.”

Revealing his investment plans, Yusuffali adds, “We have already invested more than SAR800 million till now and intend to further invest SAR700 million by the end of 2017, taking our total investment to more than SAR1.5 billion in the Kingdom.”

“We are very confident that this great country will further prosper under the visionary leadership of HRH King Salman bin Abdulaziz Al Saud, Crown Prince Muhamed bin Nayef bin Abdulaziz Al Saud & Deputy Crown Prince Mohamed bin Salman bin Abdulaziz Al Saud. The support and love extended by the rulers gives us further impetus to serve the growing economy of this country. Lulu is committed to do its bit to help the Kingdom by opening more outlets, thereby generating employment opportunities to talented Saudis. The opening of the hypermarket in Dammam underscores our increasing presence in the region and our commitment to serve one of the growing and important markets in Saudi Arabia,” he says.

“We have always believed that it’s our duty to nurture the local talent and currently there are more than 1,500 Saudis who work with us and our goal is to provide employment to 5,000 Saudi nationals by the end of 2017,” Yusuffali affirms. Currently Lulu has more than 30% Saudi nationals in their workforce and provides best quality training to absorb them in various managerial and specialised sections.

Comments

comments

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


A new branch of Waitrose comes up in Abu Dhabi’s Khalifa City

British grocer Waitrose has opened its newest store in Abu Dhabi’s Khalifa 

Continue Reading

January 25, 2023 | By RetailME Bureau
Its Netherlands Food Week at Al Maya Supermarkets

UAE-based Al Maya Supermarkets has kicked off its ‘Netherlands Food Week’ that 

Continue Reading

January 20, 2023 | By RetailME Bureau
Tesco announces price lock to support consumers amid inflation (PC: Andrew Parsons / Parsons Media)

British grocery retail chain Tesco has announced a price lock on over 

Continue Reading

January 13, 2023 | By RetailME Bureau
Union Coop renews ISO certification

Dubai-based grocery retailer Union Coop has successfully obtained the ISO 22301, an 

Continue Reading

January 12, 2023 | By RetailME Bureau
Spanish supermarket chain Mercadona announces salary increase amid inflation (PC: Mercadona)

Spanish omnichannel supermarket chain Mercadona has announced salary increase amid inflation that 

Continue Reading

January 3, 2023 | By RetailME Bureau
Choithrams partners with Rove Hotels to open 8 new outlets

Grocery retail chain Choithrams will open eight convenience stores across Rove Hotels’ 

Continue Reading

December 30, 2022 | By RetailME Bureau
Géant to open more than 20 stores in the UAE in 2023

Part of regional retail conglomerate GMG, Géant plans to open more than 

Continue Reading

December 23, 2022 | By RetailME Bureau
FMCG online sales growing by 68% in UAE and 58% in KSA

Online share in FMCG sales has been growing all over the world, 

Continue Reading

December 19, 2022 | By RetailME Bureau
Majid Al Futtaim Retail, Standard Chartered launch region’s first Sustainable Supply Chain Finance Programme

Majid Al Futtaim Retail, operator of the Carrefour franchise in the Middle 

Continue Reading

December 15, 2022 | By RetailME Bureau
GMG and Silal partner to support 1,100 UAE farms access local retail market

UAE-based diversified conglomerate GMG and Silal have signed a memorandum of understanding 

Continue Reading

December 12, 2022 | By RetailME Bureau
Lulu Group partners with Amazon expanding grocery offerings to online customers in the UAE

Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon 

Continue Reading

November 24, 2022 | By RetailME Bureau
Food Tech Valley partners with Tradeling to boost UAE’s food ecosystem

UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness 

Continue Reading

November 17, 2022 | By RetailME Bureau




f
Download Images RetailME Magazine