Geant Hypermarket is set to open two new outlets next year in Fujairah and Dubai’s Dragon Mart 2, along with a number of Geant Easy stores, according to Mark Lack, CEO Fucom LLC, the master franchise owner of Geant. The hypermarket, which has recently launched its latest store at Abu Dhabi’s Yas Mall, will expand in other GCC markets including Bahrain and Kuwait.
“Geant will roll out a number of new supermarkets and hypermarkets in the Gulf in the next two years, and our plan is to continue to offer customers the best assortment of fresh, high quality products for the best value for money in the market,” asserts Lack.
As for investment for the expansion, Lack explains, “Our investments are not ruled by specific figures, but more on strategic intent and local need. We will continue to invest in projects that bring us closer to our vision of being the preferred food retailer in the GCC countries we operate in. While the Yas Mall outlet targets residents from across the emirate, it is focusing on those in Khalifa Cities A and B and Shahama.”
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British grocery retail chain Tesco has announced a price lock on over
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Spanish omnichannel supermarket chain Mercadona has announced salary increase amid inflation that
Grocery retail chain Choithrams will open eight convenience stores across Rove Hotels’
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Online share in FMCG sales has been growing all over the world,
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