The supermarket chain has a pipeline of 91 hypermarkets and stores lined up to open despite the Covid-19 disruptions.
Lulu Group International is on track with its $2.9bn investment in its retail network, opening 91 hypermarkets between 2020 and 2023. It said 50 of these stores have already been opened during the Covid-19 pandemic.
The supermarket chain now has 235 hypermarkets, shopping malls and fulfilment centres across 12 countries including the GCC, India, Malaysia, Indonesia and Egypt.
Nandakumar Vijayan, Director of Marketing and Corporate Communications at Lulu Group International, said: “Despite continued headwinds including Covid-19 and other challenges, we have continued to expand our operations across the world. We never stopped growing.”
He made the announcement at the RetailME Tech & Marcoms Summit and ICONS Awards, revealing that Lulu will open 11 more hypermarkets this year and a further 27 hypermarkets and stores next year.
