• Now open : LuLu Hypermarket, Maysaloon, Sharjah, was inaugurated on Sunday 30th March 2014
  • LuLu plans to open new hypermarkets : LuLu plans to open 42 new hypermarkets by the end of 2015
  • Best Retailer Award : LuLu Hypermarket wins the 'Best Retailer Award'

9 Pro Tips To Mix And Match Furniture

Posted on 28 Aug 2014

Switching up seating arrangements has become hugely popular as of late, and it's no wonder why. The concept..

Read more

Todd Wilbur Offers You An Insight Into Olive Garden’s Most Famous Soup

Posted on 28 Aug 2014

Todd Wilbur calls himself a Food Hacker, which is a professional recipe solver. He takes well known secret..

Read more

Add Some Sparkle To Your Style

Posted on 25 Aug 2014

Award shows are exciting! Mostly because they give aspiring fashionistas valuable insight into the upcoming..

Read more

Nabi Goes Bigger Than The Rest

Posted on 25 Aug 2014

So what are the current trends on the world of gadgets when it comes to size? Initially mobile devices..

Read more

LuLu plans to open 42 new hypermarkets by the end of 2015

11/11/2013

LuLu Hypermarket is forging ahead with ambitious expansion plans that include the opening of 42 new Hypermarkets in the next two years. The chain plans to open seven new hypermarkets in the UAE in 2014-15, six in Oman, four each in Qatar and Kuwait, three each in Bahrain and Egypt, and 15 in Saudi Arabia. New markets are also being explored in Malaysia, Indonesia, Iraq, Algeria, Morocco and Libya.

These expansion plans come close on the heels of the Arab spring that has led these countries to liberalize the foreign investment law. There is demand for organized retail instead of traditional and that is exactly what LuLu offers.

We have already expanded into other areas, including 65 Lulu International Exchange branches in India, the Far East and Africa and another 40 planned in the next three years in the MENA, India and Philippines. Shopping malls and real estate projects, opening 12 malls in five years with plans for seven more, as well as mixed-use projects in the UAE, Oman, Bahrain, Qatar, Saudi Arabia and India are also on the anvil.

Shopping malls complement hypermarkets and vice versa. That is the reason why the group is investing in shopping malls whilst the core business remains hypermarkets. This is our business model. LuLu’s diversification will always be in sectors related to retail.

 

Read More