UAE-based Lulu Group is the only retailer in the Middle East to be listed among the top 250 retailers around the world, according to 2015 Global Powers of Retailing, Embracing Innovation report published by Deloitte in conjunction with Stores Media.
LuLu Group had jumped 14 places from 2012 ranking to 183rd in 2013. The company averaged CAGR of more than 18% between 2008-and-13, says Deloitte, adding that the group’s revenues in 2013 were estimated at $5 billion, up from $4.5 billion in the previous year.
According to the report, the top 250 global retailers generated revenue of $4.4 trillion in fiscal year 2013, each with an average size of more than $17.4 billion. The top five retailers are Wal-Mart Stores, Costco Wholesale, Carrefour, Schwarz Unternehmens and Tesco.
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For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
/ For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
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