Abu Dhabi-based leading supermarket chain Lulu Group has appointed investment bankers Moelis & Co as advisor for the planned IPO next year, confirmed V. Nandakumar, Director, Marketing & Communications, Lulu Group.
Founded by Yusuffali MA, Lulu Group is one of the largest food and grocery chains with 239 hypermarkets and supermarkets across the GCC.
The retailer is on an aggressive growth path in existing and new markets such as Iraq, North Africa and more. It has sourcing offices in 23 countries including the US, the UK, Spain, Italy, Turkey, Far East and China, which ensures uninterrupted supply to all its hypermarkets.
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Strong festive sales, operational efficiencies and digital focus helped Lulu chart 7.3%
MENA’s retail pioneer Union Coop has further solidified its retail presence in
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A new chapter unfolds for the leading tech-driven, hyperlocal e-commerce company, Rabbit,
Lulu Retail, the GCC’s retail powerhouse, has reported a transformative FY 2024,
The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
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/ Strong festive sales, operational efficiencies and digital focus helped Lulu chart 7.3%
MENA’s retail pioneer Union Coop has further solidified its retail presence in
As the demand for healthier food choices surges, ROOTS Food is leading
A new chapter unfolds for the leading tech-driven, hyperlocal e-commerce company, Rabbit,
Lulu Retail, the GCC’s retail powerhouse, has reported a transformative FY 2024,
The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
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