Intersport opens in Dammam’s Othaim Mall

December 10, 2013 | By RetailME Bureau

Intersport, a retail brand of UAE-based Al-Futtaim group, has opened its second Saudi store at Dammam’s Othaim Mall.

The opening of Intersport’s first outlet in the Saudi Arabia’s eastern province follows the opening of its inaugural Saudi store in Jeddah two months ago. The new store in Dammam is designed to focus on the layout of products by sport so that all items can conveniently be found together, while catering to all levels from beginner to athletes.

“The key factors driving our arrival and growth plans in Saudi Arabia include the rising population of 30 million people and the value of its retail sector, which is estimated to be worth $70 billion by the end of 2014. According to a recent report published by Century21 Saudi Arabia, as nearly 60% of the population are youths and with retail accounting for 17% of the Kingdom’s GDP, this is a robust and healthy market that we can’t afford to be absent from,” said Mohsen Saroufim, retail operations manager, Intersport.

“Dammam will be the precursor of the brand’s arrival in the Kingdom’s capital city, as Riyadh will become the third city to welcome Intersport. Intersport’s expansion in Saudi Arabia is well timed to coincide with the buildup to the 2014 FIFA World Cup, as the football-crazed nation gears up for an exciting footballing fest next summer, adds Saroufim.



Previous Article Next Article



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
Lulu Hypermarket to open in The Dubai Mall in 2023

Abu Dhabi-based supermarket chain Lulu Hypermarket is all set to open in 

Continue Reading

November 10, 2022 | By Rupkatha B
Beyond Meat’s Q3 2022 results “disappointing”

Plant-based meat brand Beyond Meat’s financial results for the third quarter of 

Continue Reading

November 10, 2022 | By RetailME Bureau
Barakat unveils new biodegradable packaging

UAE’s fresh produce brand Barakat has launched bio-degradable packaging across its entire 

Continue Reading

October 27, 2022 | By RetailME Bureau
Pure Harvest CEO Sky Kurtz

UAE-based agritech start-up Pure Harvest Smart Farms has signed a Memorandum of 

Continue Reading

October 27, 2022 | By RetailME Bureau
Carrefour signed up as anchor tenant for Midtown Project

Carrefour, owned and operated by Majid Al Futtaim – Retail in the 

Continue Reading

October 27, 2022 | By RetailME Bureau
Grandiose Supermarket announces country-wide expansion plans

Grandiose Supermarket, part of Ghassan Aboud Group, has announced expansion plan in 

Continue Reading

October 26, 2022 | By Rupkatha B
100 years of Valrhona

The Valrhona journey began 100 years ago with a cocoa bean. Since 

Continue Reading

October 24, 2022 | By Justina Eitzinger
On-demand grocery delivery in 15 mins

Deliveroo UAE has announced the expansion of its rapid grocery delivery service 

Continue Reading

October 24, 2022 | By RetailME Bureau
Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment

The Ministry of Climate Change and Environment (MOCCAE) revealed that the UAE 

Continue Reading

October 17, 2022 | By RetailME Bureau

Abu Dhabi-based leading supermarket chain Lulu Group has appointed investment bankers Moelis 

Continue Reading

October 13, 2022 | By RetailME Bureau

Download Images RetailME Magazine