Lulu Group-Abu Dhabi-based supermarket chain has started a mall in Lucknow as it expands in the country of its founder, Yusuf Ali. And Lucknow is the fourth city, after Kochi, Bangalore, and Thiruvananthapuram, where Lulu has set up its highly popular supermarket. Lulu Group India has its arms stretched over to hypermarkets, shopping malls, food processing units, e-commerce and fun stations.
Yusuf Ali M.A., 66, founded Lulu Hypermarket in 2000 and now has operations in 22 countries across the Middle East, Asia, the US, and Europe. It has 235 retail stores in total.
Lulu Group, with a workforce of over 57,000 people from 42 different countries and operational bases in the UAE, Oman, Qatar, Kuwait, Bahrain, Saudi Arabia, Egypt, Indonesia, Thailand, Vietnam, Malaysia, Philippines, China, Sri Lanka, Kenya, Uganda, South Africa, Turkey, Spain, Italy, the United Kingdom, the United States, and India, is one of the most successful corporations in recent history, with a steadily ascending growth curve. The group has an annual turnover of USD 8 billion globally.
The group operates retail stores, supermarkets, department stores, shopping malls, and hypermarkets. The company produces and processes meat products; manufactures and exports silk; garments; sources and exports various agro-products; cashew nuts; coffee; rice; pulses; fruits; meat; fish; vegetables; footwear; textiles; luggage; electronics; and household articles.
Lulu Hypermarket, the retail division, has been known as a trend setter in the retail industry in the region. It operates over 200 stores and is immensely popular with discerning shoppers across the GCC, Egypt, India, Indonesia, and Malaysia.
According to information available on the Lulu group’s website, it has 18 hypermarkets and 7 shopping malls in its pipelines. This includes a shopping mall in Lucknow.
Besides retail, Lulu Group also has a presence in businesses such as food processing, commodities trading, and private labels. It is the main provider of food and consumer goods. FAIR EXPORTS founded two of India’s largest food processing facilities in Uttar Pradesh and Mumbai.
Lulu is also setting up a food and vegetable processing unit in Greater Noida.
Lulu Group India, the company’s Indian subsidiary, has expanded its operations into hypermarkets, shopping malls, food processing units, e-commerce, fun stations, etc.