UAE Jobs: Lulu’s Expansion to Create Thousands of Vacancies
The UAE’s retail landscape is set for a significant transformation as Lulu Group announces plans to expand its presence into the outskirts of major cities.
This strategic move not only caters to the growing population in these areas but also promises to create thousands of job opportunities across the retail sector.
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Meeting the Needs of a Growing Population
As urban centers like Dubai, Abu Dhabi, and Sharjah become increasingly congested, many residents are opting for the quieter, more affordable outskirts.
In response, Lulu aims to establish 15 new projects in Dubai and the Northern Emirates, adapting its store formats—be it hypermarkets or express stores—based on the population density of each area.
Yusuffali MA, the founder of Lulu Group, emphasized the importance of this expansion, stating that it reflects the demographic shift as families seek to escape high rents and traffic in central locations.
The initiative is not just about opening new stores; it’s about meeting the evolving needs of the community.
Job Creation: A Win-Win Situation
The expansion will create hundreds, if not thousands, of new jobs. According to Lulu’s IPO prospectus, a typical hypermarket employs around 290 staff, while express stores require about 55 and mini markets only three.
As of mid-2024, Lulu employed approximately 55,000 full-time staff, a number expected to rise significantly with the new openings.
Saifee Rupawala, CEO of Lulu Retail, highlighted the exciting opportunities this growth brings, noting that discussions with multiple developers are already underway.
“We are grateful to those who have trusted us to bring Lulu to various parts of the UAE,” he said.
Beyond the UAE: Regional Ambitions
Lulu’s ambitions extend beyond the UAE, with plans for expansion into Saudi Arabia. The retailer is targeting tier 1 and 2 cities, aiming to open 100 stores by 2028.
This regional focus aligns with Saudi Arabia’s Vision 2030 initiative, which seeks to enhance organized retail across the kingdom.
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As Lulu Group embarks on this expansive journey, it not only aims to strengthen its market presence but also plays a pivotal role in bolstering employment in the UAE.
With new stores on the horizon, the future looks promising for both the retail giant and job seekers alike.
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