• 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'

Set The Right Festive Mood

Posted on 23 Jul 2014

With the arrival of Ramadan, rearranging the interior of the house is though not mandatory but is something..

Read more

Fish Time With Chef Khanna

Posted on 24 Jul 2014

Vikas Khanna is an award winning, Michelin Starred Indian chef, restaurateur, food writer, filmmaker,..

Read more

4 Surefire Ways To Pep Up Your Style

Posted on 21 Jul 2014

The turn of the seasons is here again and it means it’s time for a wardrobe upgrade. However, monsoon..

Read more

Get Your Watch To Measure Your Heart Rate With PulseOn

Posted on 21 Jul 2014

Why do you have to depend on machines that you have to strap on to measure your heart rates when you..

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