Tag Archives: Lulu Group

Top retail professionals of the region honored at RetailME Summit

June 30, 2022 uaenews247 Leave a comment

Top retail professionals of the region honored at RetailME Summit

V. Nandakumar of Lulu Group awarded Retail Marcom ICON’22

Date: Dubai, UAE; June 30, 2022

Top retail professionals of the Middle East were recognized for their tremendous contribution to the industry at the annual RetailME Summit 2022 held at Dubai on Tuesday.

The event saw some of biggest retailers from around the world coming together to share the innovations and trends shaping the retail industry, one of the biggest contributors to the region’s economy.

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Business & Investments

Lulu Group announces massive investment in retail network at theRetailME Tech and Marcom Summit

June 30, 2022 uaenews247 Leave a comment

Lulu Group announces massive investment in retail network at theRetailME Tech and Marcom Summit

Images RetailME Tech and Marcom Summit features 45 speakers and more than 200 delegates who discussed the digital transformation of the retail industry during the day-long technology and innovation focused conference

Date: Dubai, UAE; June 28, 2022

News Highlights:

Lulu Group announces the investment to the tune of Dh10.6 billion in four years with 91 new hypermarkets and stores in four years, from 2020 to 2023;

The global retail sales revenue will grow from US$26 trillion in 2021 to more than US$30 trillion in 2024 – which is equivalent to a third of the global economy;

The total e-commerce market size in the region is expected to reach US$49 billion in 2025, surging from US$31.7 billion last year;

A report released by the Dubai Chamber of Commerce and Industry has projected the UAE’s retail sales to reach $70.5 billion (Dh259 billion) by 2025 — an annual growth of 6.6 percent.

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Ramadan Kareem

Yusuffali MA, chairman of Lulu Group, has donated AED 2 million to support the 1 Billion Meals initiative, organized by Mohammed bin Rashid Al Maktoum Global Initiatives

April 4, 2022 uaenews247 Leave a comment

Yusuffali of Lulu Group donates AED 2 million to 1 Billion Meals Initiative

Dubai, UAE – April 04, 2022: Yusuffali MA, chairman of Lulu Group, has donated AED 2 million to support the 1 Billion Meals initiative, the region’s largest campaign for providing food supplies to the underprivileged and undernourished in 50 nations around the world.

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Business & Investments

LULU GROUP ADDS TANZANIAN PRODUCE FOR ITS RETAIL NETWORK

March 2, 2022 uaenews247 Leave a comment

LULU GROUP ADDS TANZANIAN PRODUCE FOR ITS RETAIL NETWORK

Abu Dhabi, March 01, 2022:

The region’s top retailer LuLu Group has added yet another destination to its global network with the MoU signing with the Kamal Group of Tanzania to further expand its ever-growing circle of supply of fresh produce and top-quality fresh foods.

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Food & Dining, Shopping & Promotions

LULU BRINGS GLOBAL FLAVOURS WITH WORLD FOOD FESTIVAL

February 24, 2022 uaenews247 Leave a comment

LULU BRINGS GLOBAL FLAVOURS WITH WORLD FOOD FESTIVAL

Celebrity Chefs Harpal Singh Sokhi, JP Anglo and Manal Alalem to hold cooking Masterclasses

Dubai, February 24, 2022:

The region’s top retailer LuLu Hypermarket today launched the much-awaited “World Food22” Festival across the UAE, which give foodies and shoppers alike a great experience of global cuisines, an exciting bonanza of offers across all product categories, and masterclasses by well-renowned celebrity chefs in the region.