Saudi Arabia: Spinneys plans first store openings
Spinneys, the United Arab Emirates (UAE) based retail chain, has announced plans to open its first stores in Saudi Arabia as it seeks to expand its presence in the Gulf Cooperation Council (GCC) region. Spinneys is an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands, and presently has stores […]
UAE: Spinneys expands store network
Spinneys, the Middle East grocery retailer, has announced plans to significantly expand its store presence in the UAE, with a new outlet just opened and eight more in the pipeline for 2019. In a statement, Spinneys said it planned to open eight new supermarkets in Jumeirah Golf Estate, Dubai, Damac Hills, Dubai, Dubai Creek Residences, […]
Egypt: Sonae looking to acquire Spinneys supermarkets – reports
Portuguese retail and telecoms conglomerate Sonae is reportedly in talks to acquire Egyptian supermarket chain Spinneys, which is currently owned by Abraaj Group. According to an article in Jornal De Negocios (citing Bloomberg), the owner of the Continente chain is in negotiations with Abraaj Group over a potential deal that would reportedly be concluded with […]
UAE: Kizad signs agreements with Spinneys Abu Dhabi
Khalifa Industrial Zone Abu Dhabi (Kizad) announced today the signing of agreements with Spinneys Abu Dhabi for the building of a new distribution centre. A land plot has been allocated in the logistics cluster of Kizad Area A, where the company will set up a temperature-controlled distribution centre to store products from multinational consumer goods […]