The world’s leading Hypermarkets and retail chain operator Lulu Group strengthened its presence in the cosmopolitan city of Dubai with the grand opening of LuLu Express Fresh Market in Barsha South. The newly launched store at Barsha South, has increased LuLu’s global store count to 188.
The LuLu Group’s new shopping destination is located opposite Nord Anglia International School. Even the residents within Jumeirah Village Circle, Dubai Hills and Motor City can now benefit from the world-class retail experience.
The prominent investments and expansions by Lulu Group are mentioned below.
January 2020: Lulu Group will invest $300 million in Karnataka, India, in the retail, logistics, and hospitality sectors. As part of this investment, the first Lulu mall will come up in Bengaluru’s Rajajinagar area. Lulu Group will construct two five-star hotels in Bengaluru through Twenty14 Holdings, the company’s hospitality arm. The company also announced a modern logistics centre in the Uttara Kannada region of State.
December 2019: LuLu Group’s hospitality investment arm Twenty14 Holdings announced the opening of iconic Great Scotland Yard hotel in London, UK. The new Scotland Hotel will be managed by Hyatt under their The Unbound Collection by Hyatt brand, is located in the St. James’s district of Westminster.
November 2019: LuLu announced the opening of its new hypermarket in Al Hamriya, in Dubai. The new hypermarket is located near Burjuman Metro Station and has a total built-up area of about 65,000 square feet. It features a wide array of products that vary from department store staples, such as groceries, fresh food, delicatessen items, freshly baked breads and pastries, fish and meat, and kitchen-crafted hot food. The hypermarket also has garments, footwear, electronics, household appliances and accessories, health and beauty products, stationery, and party needs for Al Hamriya customers.
August 2019: LuLu Group announced an investment of $500 million in Egypt. The company plans to establish new hypermarkets in different parts of Cairo. As per agreement with the Egyptian Authority, the group plans to set up six Hypermarkets and four mini markets with other developers from the private sector. The company also plans to enter into the wholesale market for vegetables and fruits and a logistics centre to support its retail activities in the country.
About LuLu Group International
Lulu Group is a highly diversified conglomerate, headquartered in Abu Dhabi, UAE. The group’s international business portfolio ranges from hypermarket operations to shopping mall development, hospitality assets, manufacturing and trading of goods, and real estate. The company mainly operates in around 22 countries located across the Middle East, the USA, Asia, and Europe.
LuLu Group International’s retail division has the largest share in its core businesses. The group is the pioneer of the hypermarket business with ‘LuLu Hypermarket.’ The company operates more than 188 LuLu stores and around 23 shopping malls across the GCC, Egypt, India, and the Far East.