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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UAE-based diversified business GMG’s Everyday Goods – Retail division has announced the
Located in Al Aweer and spanning 66,000 square metres the recently opened
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Carrefour, which is owned and operated by Majid Al Futtaim Retail in
UAE-based supermarket chain Al Maya SMKTS, part of Al Maya Group, continues
/ Global heavyweights from around the world are confirming their participation at InFlavour,
Coffee Planet has unveiled a new brand identity to reinforce its position
Dubai-based consumer cooperative brand Union Coop has signed a memorandum of understanding
UAE-based diversified business GMG’s Everyday Goods – Retail division has announced the
Located in Al Aweer and spanning 66,000 square metres the recently opened
Abu Dhabi-based diversified F&B company Agthia Group has launched a $54 million
Grocery retail major Carrefour, owned and operated by Majid Al Futtaim in
UAE-based diversified business GMG has opened the first monop convenience store at
Carrefour, which is owned and operated by Majid Al Futtaim Retail in
UAE-based supermarket chain Al Maya SMKTS, part of Al Maya Group, continues
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