UAE-based hypermarket operator Lulu Group has opened a branch at the Dubai Mall, its largest in-mall hypermarket,
The outlet increased the Group’s store count to 24 in Dubai.
Chairman of Lulu Group, Yusuff Ali MA, said: “We are extremely happy and excited to join hands with Emaar to open our newest hypermarket at The Dubai Mall, which is the world’s biggest and most prestigious shopping and leisure destination, welcoming over 100 million visitors every year from around the world.
“It is our constant endeavour to innovate and offer world-class shopping experience to the large multi-national population residing and visiting Dubai. It will be our continuous commitment to offer high-quality products at the most affordable prices in the market.”
The retail giant has been aggressively expanding within the Gulf region, India and other markets.
Last month, it opened its 10th hypermarket in Bahrain and 15th in Kuwait and announced an expansion in India with an investment of billions of dirhams.
Recently, the retail giant expanded its global sourcing operations with hubs in Italy and Poland, focusing on broadening its product range, especially in the healthy and diet category.
According to a study released by Majid Al Futtaim, there was a notable 13 per cent growth in spending across the retail economy for the full year, including, hypermarkets and supermarkets (11 per cent) and general retail (nine per cent), driven by the rise in international visitors to the UAE, which more than doubled to 14 million in 2022.
