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Spinneys reports strong H1 2025 growth with surge in private label sales and store expansion
Premium retailer Spinneys recorded AED 1.81 billion in revenue for the first half of 2025, up 13.7% from the same period last year. Net profit reached AED 170 million — a 16.2% increase, driven by a m ... -
LuLu Launches Three LOT Value Stores in a Single Day Across Saudi Arabia
LuLu Group has expanded its footprint in Saudi Arabia with the simultaneous launch of three LOT value concept stores in Makkah, Riyadh, and Saihat. The flagship event took place in Makkah, with top of ... -
Walmart to Transform Vizio into Exclusive In-House Brand by End of 2025
Walmart is moving to solidify its media and retail strategy by converting Vizio into a private label brand, according to a memo obtained by Bloomberg News. Starting late 2025, Vizio smart TVs will be ... -
UAE's Al-Futtaim to Acquire 49.95% of Saudi's Cenomi Retail
Emirati conglomerate Al-Futtaim is to buy a 49.95% stake in Saudi Arabian franchiser Cenomi Retail in a deal worth more than 2.5 billion riyals ($667 million), Cenomi Retail said in a statement on Su ... -
Emirates Marks Eid Al Adha Onboard With Celebrated Sweet Treats From Home Bakery
Dubai, UAE, 13 June 2024: With Eid Al Adha expected to begin on 16 June, Emirates will mark the occasion with traditional dishes onboard, new Arabic movies and TV series on ice, and handmade sweet tre ... -
Al Emarat Awwal: UAE-based Lulu Hypermarkets launches initiative to promote local products and farmers
Abu Dhabi: In a bid to support the local products and farmers, Lulu Hypermarkets has launched the Al Emarat Awwal (UAE First) initiative across all Lulu hypermarkets in the country. The initiative was ... -
The MENA pet care industry is booming, with the UAE market set to hit $2B by 2025
Petcare brand Heads Up For Tails, which recently entered the international market by opening its first store in Singapore, is eyeing 5 per cent revenue from international waters this fiscal and aims t ... -
Dubai Mall to get even bigger as Emaar announces massive Dh1.5 billion expansion plan
The largest mall in Dubai is about to get bigger. Emaar Properties on Monday announced a massive Dh1.5 billion expansion of Dubai Mall, which will include 240 new luxury stores and food and beverage o ... -
The Organic World eyes to be Rs 100 crore brand by FY 25 end
Grocery retailer The Organic World, which closed the last fiscal at Rs 35 crore, is planning to close this fiscal at Rs 60 crore and is eyeing to be a Rs 100 crore brand by FY 25 end, Gaurav Manchanda ... -
Dubai World Trade Centre events generated $5bn in economic output last year
Seventy six large-scale events at the Dubai World Trade Centre last year generated a total economic output of Dh18.3 billion ($5 billion), of which Dh10.53 billion was retained within the local econom ...
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