First KM Daily store opens in Dubai
Dubai, May 24, 2010
KM Retail launched its first store, KM Daily, in the UAE, at Abu Hail in Dubai recently.
Designed to meet international standards in retail shopping experience, KM Retail will open multiple KM retail format stores including convenience stores, supermarkets, department stores and hypermarkets under the names KM Daily, KM Value, KM Experience and KM respectively, said a statement.
KM is a part of Korath Holding that has over four decades of retail experience in the Middle East. KM is set to launch a series of multi-format retail concepts that include hypermarkets, supermarkets, department stores and convenience stores. While targeting the multi-ethnic requirements in the region, KM is set to become one of the most visible brands within the group and will provide its customers a unique shopping experience.
Korath Holding was established in the year 2007 and operates in sectors that include logistics, software development, interior décor, manufacturing, facility management and construction. Two of their most successful retail brands in the region are KM Trading and Al Safa.-TradeArabia News Service