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{{Short description|Emirati multinational conglomerate}}{{More citations needed|date=June 2023}}

factoids

| founder = M. A. Yusuff AliM. A. Yusuff Ali (Entrepreneurship>Founder & Managing Director)Conglomerate (company)>Conglomerate| revenue = {{gain}}US$7.4 billion (March 2020)| num_employees = 57,000 {{URLwww.lulugroupinternational.com/}} > {{URLwww.luluhypermarket.com/}} }}| caption = | location_city = Abu Dhabi| location_country = United Arab Emirates| locations = 239 storesLuLu Group International is an Emirati-based multinational conglomerate company that operates a chain of hypermarkets and retail companies, headquartered in Abu Dhabi, United Arab Emirates. It was founded in 2000 by M. A. Yusuff Ali from Nattika in Kerala, India. The Group mainly operates “Lulu Hypermarket”, a chain of hypermarkets that ranks among the top grocers in many of the markets it operates in. LuLu has over 65,000 employees of various nationalities.WEB,www.forbes.com/sites/naazneenkarmali/2013/02/24/middle-east-retailer-yusuff-ali-emerges-as-billionaire/, Middle East Retailer Yusuff Ali Emerges As Billionaire, Forbes, 2013-02-24, WEB, YUSUFFALI M.A.,yusuffali.com/, It is one of the largest retail chains in Asia and is the biggest in the Middle East with 259 outlets in the Gulf Cooperation Council (GCC) countries and elsewhere. In addition to Lulu Hypermarket, the group operates 13 malls in the GCC, and 5 malls in India.{{Citation needed|date=November 2020}} The group is among the world’s 50 fastest growing retailers.WEB, LuLu Hypermarket {{!, Supermarkets {{!}} Department Stores|url =india.luluhypermarket.com/lulu-hypermarket-opens-its-118th-store-in-sinaw-oman-zzy64.html|website = india.luluhypermarket.com|access-date = 2015-11-18|archive-url =india.luluhypermarket.com/lulu-hypermarket-opens-its-118th-store-in-sinaw-oman-zzy64.html" title="web.archive.org/web/20180225205418india.luluhypermarket.com/lulu-hypermarket-opens-its-118th-store-in-sinaw-oman-zzy64.html">web.archive.org/web/20180225205418india.luluhypermarket.com/lulu-hypermarket-opens-its-118th-store-in-sinaw-oman-zzy64.html|archive-date = 2018-02-25|url-status = dead}}WEB,www.arabnews.com/lulu-named-fastest-growing-retailerdate=2 February 2013 Arab News >access-date=2013-02-02, The group also owns the Lulu Convention Centre in Thrissur and the Lulu Bolgatty International Convention Centre in Mulavukad which is one of the largest convention centres in South AsiaRitz MagazineHyatt The group accquired a 10-percent stake in the UK-based trading firm, East India Company, and a 40-percent stake in its fine foods subsidiary for around $85 million in total.The National Y International is the export distribution center in the United States and Europe for LuLu Group International.HTTP://YINTERNATIONAL.US.COM/OUR-COMPANY/ PUBLISHER=YINTERNATIONAL.US.COM PUBLISHER=YINTERNATIONAL UK, 2020-01-18,

History

LuLu Group International opened its first supermarket in Abu Dhabi, United Arab Emirates, in 1995, when the retail business scenario in the region started to change with the entry of Continent (now Carrefour). Later, LuLu supermarkets expanded its operations Abu Dhabi and opened several Lulu stores in the emirate of Dubai. In the late 1990s, the LuLu Center department stores were launched, and the group expanded to other countries in the Middle East.{{Citation needed|date=June 2023}}In 2000, the first Lulu Hypermarket store was opened in Dubai. With this launch, the group embarked on an aggressive expansion plan. It soon grew into a chain with several outlets across the UAE, Kuwait, Qatar, Saudi Arabia, Bahrain, Oman, and Yemen. On March 10, 2013, first LuLu mall in India was opened in Kochi which was the largest mall in the country during that time.WEB,economictimes.indiatimes.com/slideshows/infrastructure/indias-largest-mall-in-kochi-lulu-mall/largest-mall-in-india-by-expanse/slideshow/18923988.cms, India’s largest mall in Kochi: Lulu Mall, The Economic Times, 2013-03-12, WEB,in.news.yahoo.com/photos/asia-s-largest-shopping-mall-opens-in-kerala-slideshow/, India’s largest shopping mall in Kochi, Kerala, Yahoo News India, 2013-03-12, WEB,www.rediff.com/business/slide-show/slide-show-1-indias-biggest-malls/20130424.htm#1, India’s 10 biggest malls, rediff.com, 2013-04-24, The group opened its largest mall, Lulu Mall in Thiruvananthapuram in December 2021, which was It was inaugurated by the Chief Minister of Kerala Pinarayi Vijayan along with other personalities including actor Mammootty.WEB,www.khaleejtimes.com/international/india/lulu-to-build-indias-second-biggest-mall-for-300m-in-kerala, LuLu to build India’s second biggest mall for $300m in Kerala, Khaleej Times, 2017-04-11,

Operations

File:Lulu_Cybertower.jpg|thumb|Lulu Cyber Tower at Kochi, KeralaKochi, KeralaFile:Lulu Mall view from Edapally Metro station.jpg|thumb|Lulu Mall view from Edapally Metro station at Kochi, KeralaKochi, KeralaFile:Lulu Mall - Lucknow 20220717 172748.jpg|thumb|Lulu Mall, LucknowLucknow

Middle East and India

As of July 2022, there are more than 200 LuLu Hypermarkets in the GCC, 7 in India at Kochi, Bangalore, Lucknow, Coimbatore, Trivandrum, Palakkad and Hyderabad,WEB,www.emirates247.com/business/corporate/lulu-to-open-100th-outlet-in-rak-2012-04-22-1.455109, Lulu to open 100th outlet in RAK, Emirates 24/7, 2012-04-22, NEWS, 2023-06-13, LuLu to start hypermarket ops in Coimbatore this week, The Times of India,timesofindia.indiatimes.com/city/chennai/lulu-to-start-hypermarket-ops-in-coimbatore-this-week/articleshow/100951675.cms, 2023-06-16, 0971-8257, 4 in Malaysia and 4 in Indonesia. Lulu group has 6 other operations in India, the LuLu Cyber Tower in Kochi, Kerala, LuLu fashion center in Thrissur, 2 Marriott hotels and resorts in Kochi, 2 LuLu International Convention Centre in Thrissur and Kochi, 1 Grant Hyatt hotel Kochi and 2 Hyatt Regency in Trivandrum and Thrissur. Lulu group is heavily investing in Bengaluru, Chennai, Bhubaneswar, Hyderabad, Lucknow, Calicut and Trivandrum.{{Citation needed|date=September 2023}}The group has started construction of their new malls in Calicut, Kottayam,Tirur, Ahmedabad, Chennai and Varanasi. The group also have plan to construct malls in Prayagraj, Madhya Pradesh, Rajasthan, Delhi and hypermarket in Perintalmanna.The LuLu group is also setting up a food processing unit in Greater Noida.{{Citation needed|date=September 2023}}

International

In April 2013, LuLu Group launched operations in Birmingham with the inauguration of logistics and packaging facility under the name, Y International. The facility procures and exports food, non-food, chilled and frozen products of British origin for sale in LuLu Hypermarkets. Date coding and labelling for different countries, translation of labels, Halal and other relevant certifications are also carried out. Y International employs 60 employees and aims to create 200 jobs.WEB,www.tradearabia.com/news/RET_233563.html, LuLu opens logistics centre in Birmingham, Trade Arabia, 2013-04-07, In May 2014, following the visit of then Prime Minister of Malaysia Najib Razak to UAE, a memorandum of understanding between Lulu Hypermarket and the Federal Land Development Authority of Malaysia was signed for the establishment of ten Lulu Hypermarkets in Malaysia.WEB,gulfnews.com/business/retail/lulu-hypermarket-to-open-10-outlets-in-malaysia-1.1335238, Lulu Hypermarket to open 10 outlets in Malaysia, Gulf News, 19 May 2014, 21 May 2014, Sarah Diaa, WEB,www.gulf-daily-news.com/NewsDetails.aspx?storyid=377409, LuLu Group to open 10 Malaysia outlets, Gulf Daily News, 20 May 2014, 21 May 2014,

Locations{| class“wikitable sortable”

! Country! First store! Number of stores2000 align=centerwww.moec.gov.ae/en/-/lulu-group-international, 2013Lulu International Shopping Mall, Thiruvananthapuram >92005 style="text-align:center;“|502007www.freshplaza.com/news_detail.asp?id=7018" title="archive.today/20130616050654www.freshplaza.com/news_detail.asp?id=7018">Bahrain: First LuLu hypermarket in Manama inaugurated align=center|112009Business – First Lulu Hypermarket Opens in Saudi Arabia align=centerDATE = 29 JUNE 2020, 2007 align=center|62000 align=center|222010Lulu hypermarkets opens first store in Egypt - UAE - ArabianBusiness.com align=center|32006 align=center|12016 align=“center” WEBSITE=WWW.TRADEARABIA.COM, 2016-06-01, 2016 align=center| 12016 align=center| 4

Ownership

Lulu Hypermarket is owned by LuLu Group International.NEWS, How Adeeb Ahamed of the LuLu Group is foraying further with food, toys and fashion,economictimes.indiatimes.com/industry/services/retail/turning-tables-how-adeeb-ahamed-of-the-lulu-group-is-foraying-further-with-food-toys-and-fashion/articleshow/60136087.cms, 16 January 2018, The Economic Times, 20 August 2017, LuLu Group International also owns Twenty14 Holdings, which owns hotels across the world.

See also

• List of hypermarkets
• List of supermarket chains in the United Arab Emirates
• Lulu Mall
• Abu Dhabi Developmental Holding Company (ADQ)

References

{{Reflist}}

External links

• {{official websitewww.luluhypermarket.com/}}
• EMKE Group

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- time: 12:13am EDT - Wed, May 22 2024