lulu

Retail Asia31/03/2022

UAE-based retail major Lulu group on Monday announced an investment of Rs 3,500 crore in Tamil Nadu to set up shopping malls, hypermarkets and a food-logistic park. A memorandum of understanding (MoU) to this effect was signed on Monday by Pooja Kulkarni, Managing Director and CEO of Tamil Nadu Industrial Guidance & Export Promotion Bureau […]

Retail Asia21/06/2019

Abu Dhabi-headquartered 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 in the territory by the end of next year. The move, if successful, is expected by management to nearly quadruple its market share in India. “We plan to exit […]

Retail Asia06/03/2019

LuLu Group International’s retail arm Tablez has launched the first Build-A-Bear store in India. The American personalised, experiential toy-retail brand is now available at Toys R Us in Phoenix Marketcity, Bangalore. Selling customised stuffed toys, the firm aims to reach 9 million sales in the top 15 cities in India within five years out of […]

Retail Asia02/01/2019

Lulu Group Chairman and Managing Director, M.A. Yusuff Ali dedicated the newly-opened Rs 250 crore mall project – Y Mall to his home town on 29 December, 2018. M.A.Yusuff Ali’s grandchild, Ayan Ali cut the ceremonial ribbon, officially inaugurating the mall. Speaking at the inaugural event, M.A.Yusuff Ali said that the 2.5 lakh sq.ft Y Mall at Triprayar in […]

Retail Asia04/07/2018

LuLu Group launched a new hypermarket concept and revamped store design at The Mall in World Trade Center Abu Dhabi on Monday. LuLu’s 148th store was inaugurated by Aldar Properties chief executive officer Talal Al Dhiyebi along with LuLu Group chairman and managing director Yusuff Ali M.A., executive director Ashraf Ali M.A. and CEO Saifee […]

Retail Asia13/10/2017

Supermarket chain LuLu Group, based in Abu Dhabi, has been looking at investment opportunities in the Philippines. It is part of its plans to expand in Southeast Asia, says director general Charito Plaza of the Philippine Economic Zone Authority (PEZA), following a visit from LuLu Group executives. Initially it aims to establish a warehouse for […]

Retail Asia09/03/2017

Abu Dhabi-based LuLu Financial Group, one of the largest retail conglomerates in the UAE, is expanding its presence in the Philippine remittance and foreign exchange industry. The move aims at encashing the strong economic ties between Middle East and the Philippines and the increasing number of the deployment of overseas Filipino workers in the region. […]

Retail Asia27/06/2016

UAE-based retail major Lulu Group has opened its first hypermarket in Kuala Lumpur, Malaysia, as part of its plans to further consolidate its retail presence in the Far Eastern region. The 250,000 sq ft hypermarket was inaugurated by the Malaysian Prime Minister Datuk Sri Najib Tun Razak in the presence of Dato Sri Dr Ahmed […]

Retail Asia21/06/2016

Southeast Asia’s largest economy, Indonesia, is ranked the world’s fifth most-attractive market for retail investment in AT Kearney’s 2016 Global Retail Development Index. In previous years it has ranked in the top 20. It is an exciting time to be investing in Indonesia’s retail sector, the index says. The country scores 64.3 in market size […]

Retail Asia01/06/2016

The UAE-based retail major Lulu Group marked its retail push into Indonesia with the opening of its first hypermarket in the country in capital Jakarta. The group has already announced plans to invest $500 million and set up 10 hypermarkets in the next three years in the country, as part of its expansion. The first […]

Retail Asia14/09/2015

The UAE-based Lulu Group will mark its first retail push in Indonesia by opening its first hypermarket in the capital city of Jakarta by this year end. The announcement came during the visit of President of Indonesia, Joko Widodo (popularly known as Jokowi), to Abu Dhabi. He visited the Lulu Hypermarket at Khalidiyah Mall in […]

Tag: lulu

Lulu Group’s India ambitions get closer with a $463 million deal

Lulu Group’s Tablez plans 150 More Stores

LuLu Group opens first Build-A-Bear store in India

Lulu Group opens Y Mall at Thrissur India

Lulu opens new hypermarket concept in Abu Dhabi

LuLu Group may invest in Philippines

LuLu Financial Group expands Philippines footprint with remittance service

Lulu opens new hypermarket in Malaysia

Indonesia shines for retail investment

Lulu opens its first hypermarket in Indonesia

Lulu to open first hypermarket in Indonesia this year