Abraaj has emerged as the frontrunner to buy a majority stake in Al Raya for Foodstuff Co after entering into exclusive talks with the two private equity firms that currently control the Saudi supermarket chain, sources familiar with the matter
Alosra, the homegrown retail brand of Bahrain-based diversified retail and distribution, contract services and supply group BMMI, has announced the opening of a new supermarket at El Mercado Janabiya.
This will be the seventh Alos
Manuel Supermarket, a Jeddah-based supermarket chain, is set to leverage this months trio of niche food shows at Dubai World Trade Centre (DWTC) before rolling out a three-year expansion plan across the UAE from next year.
Leading Qatar retailer Al Meera has announced the opening of its newest branch in Al Wajba, thus marking the 40th addition to the supermarket chain in the country.
The new 4,300 sq m facility boasts world-class shelves to offer th
The opening of a 12,000-sq-ft Spinneys supermarket today (August 17) has been celebrated as the first shop to open at Dubai-based developer Nakheel’s Golden Mile Galleria retail complex on Palm Jumeirah.
Spinneys will also i
International supermarket chain Geant has opened its new outlet at Remraam community, a major project of master developer Dubai Properties in Dubai, UAE.
The centrally-located supermarket complex at Remraam, which will feature a p
Al Meera Consumer Goods Company has opened its newest branch in Qatar’s Jeryan Njeima, marking the 43rd addition to the successful supermarket chain.
The new branch adheres to international standards of construction and d&ea
Al Meera Consumer Goods Company has opened its newest branch in Thakhira, making it the supermarket chain 42nd outlet.
The new branch has been built according to international standards to provide customers with a convenient shopp
British supermarket Sainsbury's is expected to post its first annual profit fall since 2005, hurt by an industry price war that shows no sign of abating.
Sainsbury's, along with rivals Tesco, Asda and Morrisons, is grappli
Britain's fourth biggest supermarket Morrisons is expected to report its lowest annual profit in eight years, hurt by a fierce industry price war, and is likely to signal lower dividend payouts going forward.
Last week Morriso