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100 Lulu outlets as retailer expands
United Arab Emirates
Thursday 26 April 2012
MD
100 chain stores are planned for Lulu, the leading retailler in the Gulf countries as it is expected to grow 20% this year.
The supermarket and hypermarket Lulu is set to open its 100th store.
Lulu will open its 100th store in Ras Al Khaimah and the chain is expanding rapidly in the Gulf and the Middle East. Many expansion projects
are planned including 6 other hypermarkets in the near future.
This year the chain believes it can achieve a 20% growth and last year it achieved a turnover of 4.5 billion.
This year the chain believes it can achieve a 20% growth and last year it achieved a turnover of 4.5 billion.
source : gulf news com, namnews
