Dubai set for the first and largest Megamarket

September 5, 2021

Dubai Outlet Mall, the Ultimate Value Shopping Destination, is set to solidify its position as an industry leader while consistently redefining value shopping in the MENA region…reports Asian Lite News

As the Dubai Outlet Mall expansion nears its opening, a strategic alliance is formed with Lulu Group for the region’s first and largest Megamarket spread featuring the most competitive value shopping experience.

The MENA region lacks its version of the cash and carry concept. This new partnership will leverage on bulk buying prices. The cash and carry concept offers UAE residents/shoppers exclusive bargains as well as a broad range of low cost, high value products at competitive prices focused on merchandise quality, wide selection as well as customer ease and convenience.

DOM LULU

The expansion of Dubai Outlet Mall is purely organic and once open will be over 3.5 million sq. ft. making it the largest outlet mall in the world.  The expansion is an evolution of a successful vision of the first Value Shopping mall in the region offering more Bargains, Brands, Cinema, Megamarket, Community space and World Class Entertainment at the largest purpose-built state-of-the art 117 Live Arena for concerts in the region. Dubai Outlet Mall is currently experiencing increased footfall of local residents with the growth of the immediate catchment area and community.

Lulu Group, after proper research and review made this strategic decision to partner with Dubai Outlet Mall to offer mutually focused value shopping to shoppers.

ALSO READ: Dubai’s newest wholesale market opens

The progressive partnership shows strong confidence by Lulu Group in the potential of the new mall expansion and reflects a positive future ahead for over 1.2 million residents in the immediate catchment area looking for value shopping and year-round bargains from premium and top fashion and lifestyle brands. Shoppers look for the best possible value of the product or service through discounts, bundle offers and consumer ease and convenience.

MR. YUSUFF ALI M.A, CHAIRMAN& MANAGING DIRECTOR, LULU GROUP: “Our aim is to enhance the retail experience for our customers within prestigious developments in the buoyant retail sector and Dubai Outlet Mall has provided us the perfect platform `to present to the region the latest in value retail. We are confident in the demand for bargains and cash and carry goods and look forward to being pioneers together in this area of retail.”

Mr. Ali Khammas , Executive Director  of Dubai Outlet Mall , said: “To further strengthen the mall’s value proposition and omnichannel experience, we support the evolution of a successful first value shopping mall in the region. Our partnership with lulu Group International aims to set new industry standards in the value shopping space and enhance our position as an industry leader with an advanced value shopping experience to visitors and neighbouring communities.”

Since its opening in 2007, Dubai Outlet Mall has made its mark as the FIRST value shopping concept mall in the MENA region. It has been home to over 1300 premium brands with over 240 stores. Successfully providing value shopping in the UAE, Dubai Outlet Mall has gained the trust of luxury brands known all over the world. As the Ultimate Value Shopping Destination, it caters to a wide customer base across residents of different nationalities and visitors from all over the globe.

Previous Story

India-US 2+2 dialogue to be held in November

Next Story

ISI chief assures Taliban of support during Afghanistan visit

Latest from BUSINESS

India’s Job Market Surges

With hiring levels on the rise, compensation is expected to increase by 12-15% in metro cities and by 18-22% in emerging cities

India Inc Eyes Upswing

Private equity (PE) remained comparatively stable in Q2, clocking 357 deals worth $7.4 billion — the second-highest volume since Q4 2022. However,

Microsoft Cuts Deep

The fresh job cuts come less than two months after Microsoft announced it was laying off more than 6,000 employees…reports Asian Lite

Don't Miss