Lulu Group Archives - Inside Retail Asia
Lulu Group’s retail arm Tablez is moving to invest US$75 million into the Indian market with the aim of opening more than 150 stores by the end of next year.
LuLu Group International’s retail arm Tablez has launched the first Build-A-Bear store in India.
Chinese lifestyle brand Yoyoso has partnered with Indian retail operation Tablez to bring its outlets to India.
The first LuLu Malaysia store has been opened by the UAE-based retail conglomerate.
Philippines-based Max’s Group has signed a contract to launch Pancake House in Dubai.
Middle East retailer Lulu Group plans to open its first hypermarket in Indonesia late this year.
Emirates-based hypermarket operator is planning a US$3 billion expansion in markets including Malaysia and Indonesia. Lulu Group says besides expanding its operations in its existing markets it will enter new markets, namely Sri Lanka, Indonesia, Malaysia and Egypt. Shamim Sainulabdeen, product development manager at Lulu Group, told the Gulf News that more stores will open in the UAE, India and Saudi Arabia. “We see that there’s stability in the Sri Lankan market now, so it’s the…
Abu Dhabi-based LuLu International Group has formed a joint venture with the Federal Land Development Authority (FELDA) to enter Malaysia. Lulu is to invest $200 million in a JV to open five hypermarkets across Malaysia over the next few years. Lulu Group has around 110 hypermarkets in the Middle East and one in Kerala, India. “They will also help market more Malaysian products at their hypermarkets, including those produced by our small-and medium-sized industries and FELDA,” said …
Middle Eastern retailer to open first hypermarket in India by the year’s end.