Lulu Hypermarket, one of the best grocery merchants in the area, will soon be an anchor tenant at the Dubai Mall, one of the biggest shopping centers in the world.
Jamal bin Thaniah, chairman of Emaar Properties, which owns the Dubai Mall, and Yusuffali MA, chairman and managing director of Lulu Group International, signed the agreement in the presence of Amit Jain, group CEO of Emaar Properties; Wasim Al Arabi, CEO of Emaar Malls; Ashrafali MA, Lulu Group executive director; Salim MA, Lulu Group director, and other officials of Emaar and Lulu Group.
The new 72,000sqft hypermarket, which is part of the ongoing initiative to diversify the retail portfolio of Dubai Mall Zabeel, will primarily focus on a wide range of grocery and supermarket products that are specifically targeted at the large multinational population residing in Downtown Dubai and its adjoining neighborhood.
The new hypermarket is expected to be open by April 2023. Lulu has been expanding aggressively with their upgraded version of hypermarkets across Dubai in Festival Plaza, Festival City, and Dubai Silicon Central.
“We are extremely happy and excited to join hands with Emaar to open our newest hypermarket at the Dubai Mall Zabeel As one of the leading retailers of the region, it is our constant endeavor to innovate and offer world-class shopping experience to the large multi-national population, residing and visiting Dubai. We thank the Emaar Group for this opportunity and look forward to mutually beneficial association ahead,” Yusuffali MA said.
Lulu has more than 240 hypermarkets and supermarkets and serves about 1.6 million customers daily across the GCC, Egypt, India, and the Far East, solidifying its position as one of the top retailers globally.
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