Spinneys Dubai, one of the Middle East’s leading supermarket chains, and Abdulmohsen Al Hokair Holding Group have partnered to establish the Spinneys brand in the Kingdom of Saudi Arabia.
The first Spinneys store in Saudi Arabia is expected to open in the first quarter of 2023. The partnership comes amid when Saudi Arabia is rapidly developing and opening up its commercial sectors.
The initial focus will be in the city of Riyadh, with further plans to open stores in more cities in the coming years. Spinneys recently acquired the Souk Planet stores in Abu Dhabi in the last quarter of 2021, reflecting its ambitions to expand its geographical footprint within the Middle East.
Abdulmohsen Al Hokair Holding Group was founded in Saudi Arabia in 1975. The company and its subsidiaries are principally involved in entertainment centers, hospitality, and retail.
Sunil Kumar CEO – Spinneys Dubai
“We have considered expanding into the Kingdom of Saudi Arabia for several years. With the right structures in place, and a willing and capable partner in the Abdulmohsen Al Hokair Holding Group we look forward to bringing the Spinneys brand to the people of Saudi Arabia. We believe we can offer an elevated grocery shopping experience to these customers, alongside a superior product offering.”
Mr. Sami Al-Hokair, the Managing Director of Abdulmohsen Al Hokair Holding Group said that “We are excited and optimistic about the potential of the Spinneys brand to bring differentiated grocery retail offering to Saudi Arabia. The addition of the brand into our stable of world-class brands demonstrates our commitment to sustainable business growth, as we diversify the sectors within which we operate.”
Spinneys is known for its exceptional offering of fresh products and service counters in the UAE and Oman. The company’s sourcing strategy, with owned purchasing offices around the world and direct relationships with farmers and growers. More recently, the group has applied this same buying strategy to its broader grocery offering, giving customers an abundance of exclusive products within the food-to-go, frozen and grocery categories.
Thank you very much for choosing GCC Business News to be an important part of your professional life. You will receive a confirmation e-mail. Please check SPAM or UPDATES folder
