July 5, 2022

Y M L P-298

It Must Be Business

Abu Dhabi retail giant LuLu in talks to open in Israel

2 min read

LuLu has yearly income of $8 billion and operates 227 retailers and 24 shopping malls in 22 nations in the Center East, Asia, the US and Europe.

&#13
&#13

&#13

Retail grocery store large Lulu Team International is in talks with Israeli authorities officials at the Ministry of Financial state and Market about the risk of functioning stores in Israel. The Indian firm, which is headquartered in Abu Dhabi, has stores throughout the Arab environment and East Asia.

&#13

LuLu has yearly profits of $8 billion and operates 227 outlets and 24 searching malls in 22 international locations in the Center East, Asia, the US and Europe. About 1 million individuals store in its outlets around the globe just about every working day. In addition, the enterprise has 1.1 million buyers who invest in on line from its web site.

&#13
&#13
&#13
&#13

&#13
&#13
&#13
&#13

The firm has two production ideas, which generate its personal personal label products which include corn flakes, oil, pasta, sauces and a lot a lot more.

&#13

LuLu Group’s fascination in Israel will come challenging on the heels of the news before this thirty day period that global retailing large Carrefour had signed a deal with Electra Client products (TASE: ECP) to convert its chain of 150 Yeinot Bitan stores into Carrefour supermarkets.

&#13

Printed by Globes, Israel company information – en.globes.co.il – on March 21, 2022.

&#13

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

&#13
&#13

&#13

LuLu Abu Dhabi Photo: PR

LuLu Abu Dhabi Photograph: PR

 

 

ymlp298.net © All rights reserved. | Newsphere by AF themes.