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Spinneys Expands to KSA: heralding a new era for premium grocery retail! Premium grocery retailer Spinneys has opened its 1st store in the Kingdom of Saudi Arabia, expanding beyond UAE and Oman, and plans to open 12 more stores by 2028.   This comes at a time of transformative changes in the country, fostered by the Saudi Vision 2030, a strategic framework aimed at diversifying KSA’s economy, reducing its dependence on oil, and enhancing growth in key non-oil sectors.  Some of the key transformative changes include • Increased high-income expat population  • Rising household income & spending, driven by economic reforms  • Consumption shift towards premium products  • Growth in E-Commerce   • Diversification of retail options   • Increased leisure and entertainment spending   • Increased women’s participation in the workforce.   This offers major opportunities for brands (especially in the premium space).  1. Elevated Product Offerings: introduce & expand the high-end product lines to tap into the growing demand for premium indulgences  2. Brand Loyalty and Market Share: Premium positioning & pricing allow brands to build strong loyalty among discerning consumers, increasing market share in a competitive environment. Both existing premium retailers in the region & from across the world must consider the GCC’s largest market as an attractive entry point to tap into one of the world’s most dynamic regions for retail – with a large, high-income, young & technologically savvy population with a growing appetite for quality offerings.  Hence those waiting in the wings will be included- • Major players already operating in the premium grocery retail space in the region like Monoprix in Qatar & UAE, Waitrose And M&S in UAE, & Al Jazira in Bahrain.   • Global players not yet in the region like Whole Foods, Dean & DeLuca and Kroger.    Hence for the Saudi consumer, this is just the beginning. The action in the premium grocery retail sector will only grow hotter in the days ahead! #PremiumRetail #ConsumerGoods #Sales #Marketing #Confectionery #Biscuits #Spinneys #SaudiArabia #GCC #RetailTrends #SaudiVision2030 #Monoprix #Waitrose #AlJaziraSupermarkets 

Lulu Retail has expanded its presence in Saudi Arabia with the opening of its 57th store in Al Fakhriyah, Dammam. The new hypermarket spans 20,000 sq. ft. and offers a wide range of products, including groceries, electronics, and home goods. The store features ample parking and convenient access for both locals and travelers. This expansion is part of Lulu's strategy to reach 100 stores in Saudi Arabia by 2027, solidifying its position as a leading retailer in the region. The new store opening demonstrates Lulu's commitment to providing high-quality products and services to its customers in Saudi Arabia. With its continued expansion, Lulu aims to enhance the shopping experience for its customers and contribute to the growth of the retail sector in the kingdom. Lulu's expansion plans are aligned with the Saudi government's Vision 2030, which aims to diversify the economy and develop the retail sector. By investing in new stores and enhancing its offerings, Lulu is supporting the growth of the retail industry in Saudi Arabia. . . . #LuluRetail #Dammam #SaudiExpansion #NewStore #Hypermarket #RetailGrowth #SaudiArabia #Shopping #Lulu #GCC #CommunityShopping #tribunetrends

Excited to launch Best Deals in KSA on LinkedIn! 🎉 We're here to revolutionize the way you discover shopping deals in Saudi Arabia. Our platform offers a curated selection of the best deals across various sectors, providing insights and value to both consumers and businesses. Join us on this journey to navigate the dynamic retail landscape of KSA and unlock exclusive offers tailored just for you. #BestDealsKSA #SaudiShopping #MarketInsights

More on Saudi consumers and supermarkets landscape to think about: Lulu, Othaim, and Danube are leading the way as top brands for shoppers exploring new stores. Once visited, these stores often become regular shopping spots. Interestingly, about 60% of shoppers visit at least two stores monthly, and the same percentage are inclined to check out a new store if it opens nearby (it seems a good marketing practices to heavily promote on new opening stores) Key factors driving these visits include location convenience and word of mouth. It's clear that Lulu, Othaim, and Danube are making a significant impact in the retail landscape (NIQ) #RetailTrends #ShopperInsights #BrandLeadership #SustainabilityMatters #CorporateSustainability

𝗔𝗻 𝗔𝗻𝗺𝗼𝗹 𝗔𝗱𝘃𝗲𝗻𝘁𝘂𝗿𝗲 𝗮𝘁 𝗟𝘂𝗟𝘂 𝗛𝘆𝗽𝗲𝗿𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗶𝗻 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮! I recently had the pleasure to explore aisles of LuLu Hypermarkets in Saudi Arabia! I had the pleasure of discussing our latest products with enthusiastic LuLu managers, gaining invaluable insights into consumer preferences in this vibrant market. We're excited to explore how we can bring a taste of Anmol magic to even more homes in Saudi Arabia! What are YOUR favorite international grocery stores to explore? Share your experiences in the comments below!  #AnmolBiscuits #SaudiArabia #LuLuHypermarket #biscuits #FMCG #international

Majid Al Futtaim, the exclusive operator of Carrefour in Kenya, has officially opened its 26th store in the country. Located in Spring Valley on Lower Kabete Road, this marks the retailer’s fourth store launch in Kenya in 2024, underscoring its commitment to expanding its presence in the region. The new Carrefour outlet spans 665 square meters and is designed to provide customers in Spring Valley with a comprehensive shopping experience. The store offers a wide variety of groceries, fresh produce, and essential household items. Customers can also benefit from Carrefour’s innovative self-checkout service, which aims to enhance convenience and reduce checkout times. With this addition, Carrefour now has seven stores in Kenya equipped with self-checkout, including locations at Westgate Shopping Mall, The Village Market, Sarit Centre, The Hub, Runda Mall, and GTC Mall. https://lnkd.in/dRbDQzi7

The QSR market is on fire! 🔥 Valued at $450.56 billion in 2023, it's set to reach $710.65 billion by 2032, with a 9.21% CAGR. Rising demand, digital ordering, and global expansion, especially in Asia-Pacific, drive this growth. #Indian #Subcontinent and #ksa lead the list in terms of indicividla growth and #population #dynamics. To win, I feel brands must focus on - localized menus - delivery platforms, - health-driven options #QSR #GlobalFoodTrends #FastFoodIndustry #SaudiFoodScene #AsiaPacificGrowth #KSAFood #MiddleEastQSR #PakistanFoodies #IndiaQSR #GulfFoodMarket #FoodBusiness #FoodInnovation #HealthyFastFood #FoodTech #RestaurantTrends #QSRExpansion #DigitalDining #DeliveryPlatforms #FoodMarketing #GlobalBrands #ksa #vision2030 #saudifood #fastfood #communication Domino's Subway Pizza Hut McDonald's KFC Kababjees Group ALBAIK Food Systems Co. The Wendy's Company Burger King Dunkin KSA Dunkin' Hardees Tazaaj Shawarmer - شاورمر Tim Hortons Tim Hortons - Middle East Texas Chicken Malaysia Kudu company for food and catering Johnny Rockets

Did you catch Chipotle's recent expansion, marking its first entry into a new country in over a decade? Partnering with the Alshaya Group, Chipotle launched its first Middle Eastern restaurant in Kuwait City's The Avenues, a hotspot drawing about 1 million visitors weekly. This move signifies the beginning of a broader Middle East expansion plan, with upcoming openings in Dubai and four additional restaurants slated for later this year. Featuring a fresh design concept, the Kuwait City location introduces innovations like a kiosk ordering system and QR code-enabled tables, all reflecting Chipotle's commitment to quality and convenience. This expansion adds to Chipotle's international presence, which now includes Canada, the UK, France, Germany, and Kuwait. As the company continues its growth trajectory, expect further emphasis on its Chipotlane model, aiming for it to comprise at least 80% of future locations. Stay tuned for Chipotle's first quarter earnings report, set to be released after market close on Wednesday. 👉 Click link for details: https://lnkd.in/gQaQD-VK #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #chipotle #kuwait

Lulu Retail has opened its 57th store in Saudi Arabia, located in Al Fakhriyah, Dammam. Spanning 20,000 sq. ft., the new hypermarket offers a wide range of products, including groceries, electronics, and home goods. It features ample parking and convenient access for both locals and travelers. This expansion is part of Lulu's strategy to reach 100 stores in Saudi Arabia by 2027. #LuluRetail #Dammam #SaudiExpansion #NewStore #Hypermarket #RetailGrowth #SaudiArabia #Shopping #Lulu #GCC #CommunityShopping