Deloitte has announced its Annual Global Retailers Report and LuLu Group has been ranked as the top retailer in the Middle East and one among the top 50 fastest growing retailers in the world.
With retail revenue of $ 6.2 billion and operations in nine countries across the globe, it is indeed a proud moment for LuLu Group which bagged the 27th position in the list of fastest growing retailers and 153rd in the top 250 Global Retailers list.
Chairman for LuLu Group, Yusuffalli M.A in his address following the announcement of the Deloitte ranking said here, “Today, it is completely a consumer-driven market and the shopper needs only the very best. We have been continuously innovating in all aspects of our business process, right from store layout to product offering and pricing structure. We see no slowdown in our industry and we intend to go ahead with our announced expansion plans. Currently, we have 133 stores which will reach 150 by mid-2018, with new stores coming up in almost all GCC countries.”