I always enjoy going against the tide


February 9, 2016 | By RetailME Bureau

I come from a family that’s traditionally been in business. Retailing runs in our blood. I grew up listening and knowing about doing business. My father and his brothers first left the shores of Kerala and ventured out to Gujarat to set up their trading and restaurant business.

I joined my father in his business after graduating from college, even as I enrolled for higher studies. I guess those ‘away from home’ days readied me for my future life overseas. But those initial days in India is where I learnt most of the basics of business. I value them the most and still practice them in whatever I do.

Up close & personal:

On being a risk taker: Be it starting my retail operation during the first Gulf war or going on a massive expansion during the global slowdown five years back, I have always enjoyed going against the tide. But yes, I won’t take a risk just for the sake of it. If the fundamentals are strong and planning is accurate, I don’t think one should hesitate to go ahead and take that risk.

Yusuffali MA, chairman & managing director, Lulu Group

To read more, get your copy of Vision & Views.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /



Lulu Retail, the GCC’s retail powerhouse, has reported a transformative FY 2024, 

Continue Reading

February 11, 2025 | By RetailME Bureau
Lulu and MoIAT join hands to promote UAE-made products

The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu 

Continue Reading

December 6, 2024 | By RetailME Bureau
Sunil Kumar, CEO, Spinneys

Starting as a shelf packer in 1994, Sunil Kumar saw his way 

Continue Reading

October 29, 2024 | By RetailME Bureau
Sunil Kumar and Debashish Mukherjee at MRF 2024

What does it take to sustain profitable growth in the post-IPO phase? 

Continue Reading

October 23, 2024 | By Anurima Das

Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in 

Continue Reading

October 7, 2024 | By Anurima Das
Naresh Kumar Bhawnani, Founder & Chairman, West Zone Group

“Retail is a people’s business. When building a retail brand or the 

Continue Reading

October 3, 2024 | By RetailME Bureau
Sunil Kumar, CEO, Spinneys

From being one of the first retailers in Dubai to ban single-use 

Continue Reading

October 1, 2024 | By RetailME Bureau
Walid Shabana, Co-founder & CTO, Rabbit

For starters, Rabbit is a growing e-commerce grocery platform in Egypt always 

Continue Reading

September 30, 2024 | By RetailME Bureau
Arunachalam Palaniappan, CTO, Choithrams

In 2024 grocery retail major Choithrams has achieved several milestones underscoring its 

Continue Reading

September 12, 2024 | By RetailME Bureau
#Topshelftalks session at Food Business Forum 2024

Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital 

Continue Reading

July 3, 2024 | By Anurima Das
#EdgeOfTomorrow session at Food Business Forum 2024

The regional grocery retail market is evolving fast keeping pace with constantly 

Continue Reading

July 3, 2024 | By Rupkatha B
#CartToCouch session at Food Business Forum 2024

If anything, the Middle East market is excited about quick commerce – 

Continue Reading

July 2, 2024 | By Rupkatha B




Download Images RetailME Magazine