LuLu Group Opens New Cairo Store

LuLu Group has opened its newest hypermarket in Park Mall located at the 90^th St., 5^th Settlement.

The 8,700sq m hypermarket is the third LuLu in Egypt, which is planning to expand further in the biggest market in the MENA region. It presents an investment of EGP 165M for the Group, and the inauguration of this hypermarket is a landmark achievement, as it marks the 200^th hypermarket of the Group globally.

LuLu has announced that it will open 11 hypermarkets and four minimarkets in Egypt in the next three years. In addition, the Group will also invest in a state-of-the-art logistics centre with all facilities to service its Egyptian retail outlets.

Yusuffali MA, Chairman of Lulu Group quoted: “I take this opportunity to thank the visionary leaders for their proactive strategies and the wholehearted support which have been our guiding force, especially during these challenging times. It’s been a very eventful, but a very satisfying journey and we will continue to grow both in existing as well as new markets. There might be some delays in launching our new projects but none of them have been shelved.”