UAE
UAE
Published on Mar 4th 2024
The opening of Hypermarket, a unique concept in modern shopping envisaged by the LuLu Group International set the pace for a revolutionary change in the shopping concepts of the region. LuLu Hypermarket symbolizes quality retailing and has been an instant hit with the discerning customers in the UAE. With it's pleasant and novel variation from the usual supermarkets, Hypermarket offers an ultra modern shopping ambiance providing the customers with all the comfort and luxury of shopping.
By integrating all the conceivable needs of the consumers under one roof, the Hypermarkets have extensively laid out counters, sprawling parking space, play area for children, food court, money exchange centers and bank counters besides a panoply of international and regional brands.
It caters to the divergent needs of the shoppers and transforms shopping into a pleasurable outdoor activity underlining once again the group's commitment to offering the customer only the best. Poised for the success of the pioneer Hypermarket at Al Qusais – Dubai, the chain is spreading its wings across the UAE, with Fujairah outlet in full swing, and extending to other countries beginning with Qatar and Kuwait. LuLu Hypermarket is a convincing example of the group's futuristic vision and sharp market acumen in understanding the global trends in retailing.
The growing expatriate population in the GCC – particularly UAE, a steady surge in tourists, the need for GCC countries to pay companies for daily consumables and the phenomena of globalization [UN figures project 2.2 million people moving overseas annually till 2050 to earn their livelihood], are all powerful drivers that have helped the remittance industry witness a double digit growth figures. Not surprisingly, a window of opportunity has been seen – resulting in the setting up of Lulu International Exchange. Our primary commitment is to provide trusted and reliable services to people across the globe by offering them the latest advancements in the world of fund transfer. To help achieve this goal, the company’s Technology Team has been tasked with keeping itself abreast of the latest industry advancement. With a commitment to responsible corporate governance, the company aims to be the most preferred destination for retail financial services. A strategic partnership with the Western Union will further help the company establish operations easily in numerous countries worldwide. By using the latest web technologies and off-shoring task to minimize “people” cost, making use of excess space available in current business premises of the Group and by leveraging in-house management and IT skills – apart from benefiting from the powerful Lulu brand – Lulu International Exchange is all set to make its mark in the industry. LULU Exchange will also enter into primary gold business wherever the regulation permits.
