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FINANCIAL NEWS
LuLu Hypermarket launches second branch in Riyadh
28 Mar 2011
(MENAFN) LuLu Hypermarket’s managing director, Yusuffali M A, stated that the chain opened its 89th branch in Riyadh Avenue Mall which is owned and run by EMKE Group, the parent company of LuLu market, reported Gulf Daily News.
Yusuffali said that the new market is located over 210,000 square foot area in the Murabba area of Riyadh, and would be the second LuLu market in the Saudi capital.
The director said that currently, the company employs a total of 759 Saudis, and has a human resources strategy that goes along with the vision of King Abdullah.
It is worth noting that LuLu hypermarkets had set the goal of reaching 100 stores in the Kingdom, Yusuffali confirmed that the company is on track towards achieving that goal.
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