Lulu Retail Expands with New Store in Al Fakhriyah, Dammam
Lulu Retail continues its expansion in Saudi Arabia with the opening of its 57th store in Al Fakhriyah, Dammam. The new Lulu Hypermarket offers a modern shopping experience with high-quality products at affordable prices.
Inauguration and Key Features
The new store was inaugurated by Eng. Fayez bin Ali Al Asmari, head of West Dammam Municipality, along with other dignitaries. Spanning 20000 square feet, it provides favorite shopping amenities and ample parking space for 181 vehicles.
Convenience and Community Focus
Located on Bu-Hadriyah Road, the Al Fakhriyah Store caters to both locals and travelers, offering a wide range of products. From groceries to home furnishings, the hypermarket aims to meet diverse customer needs efficiently.
Commitment to Quality and Growth
Shehim Muhammed, Director of Lulu Saudi, emphasized the company’s dedication to providing quality products at competitive prices. The Al Fakhriyah store is a testament to Lulu’s commitment to enhancing the shopping experience for customers.
Expansion Plans and Financial Success
Lulu plans to open 100 stores in Saudi Arabia in the next three years, with new locations in Makkah and Madinah. The company’s recent IPO on ADX saw significant success, reflecting strong investor interest in Lulu’s growth potential.
About Lulu Retail
Founded in 1974, Lulu Retail is the largest pan-GCC retailer with over 240 stores across the region. With a focus on quality and customer satisfaction, Lulu continues to expand its presence and serve a diverse customer base.
