Lulu Group, one of the largest retail operators in the Middle East and North African region, has further consolidated its presence in the Far East by opening its second hypermarket in the Malaysian capital of Kuala Lumpur.
Minister of Domestic Trade and Consumer Affairs of Malaysia Saifuddin Nasution Ismail inaugurated the store in the presence of diplomats from various countries, local businessmen and other dignitaries.
The new hypermarket, which is also Lulu’s 174th globally, is located at the 1 Shamelin Mall in the Cheras district. The sprawling 80,000-square-foot store has been designed using the latest retail space concepts and modern technology, and will serve the residents of Cheras and its nearby areas for their daily shopping needs.
After the official inauguration, the minister and other guests toured the hypermarket along with LuLu chairman Ali, who briefed them about the various sections, unique features and amenities of the store.
Minister Ismail said: “We are really proud of the efforts and investments of Lulu Group in Malaysia. They are not only investing in the retail sector but are also supporting our farming sector by exporting large quantities of agricultural produce to their operations around the world. Apart from this, the LuLu Group is also providing huge employment opportunities to our local Malaysian youth.”
Chairman Ali said: “As declared during the inauguration of our first hypermarket in Malaysia, we are firm on our expansion plans in Malaysia and are committed to launching four new hypermarkets in different parts of Malaysia before the end of 2020. This includes projects in Setia City Mall, Bangi Gateway, Bachang (Malacca) and Johor Bahru.”
He added: “We are also exploring other markets in Malaysia and expect to create more than 5,000 job opportunities for the Malaysian workforce.”
Lulu Malaysia currently employs more than 300 locals in their two hypermarkets in the country.
Also present during the inauguration ceremony were senior officials of LuLu, including: Saife Rupawala, chief executive; Ashraf Ali M.A., executive director; Salim M.A., director; and others.
Apart from Malaysia, LuLu which has a retail presence in Indonesia, is also keenly pursuing expansion to Singapore.
LuLu is the fastest growing retail chain across 10 countries, which include the GCC, India, Egypt, Indonesia, and Malaysia. Founded in the early 1990s, it has successfully expanded to different parts of the world.