UK retailer Waitrose to open sixth UAE store

Food unit of John Lewis to open third branch in Abu Dhabi; to employ 45 staff

Waitrose, the food shops of the UK-based John Lewis Partnership, is to extend its presence overseas with the opening of its third branch in Abu Dhabi, bringing the total in the UAE to six.

The 6,600 sqft shop is located in Avenue at Etihad Towers, Abu Dhabi's first standalone luxury shopping destination.

It will open under licence through the retailer's partnership with Fine Fare Food Market (FFFM) and will employ 45 people, a statement said.

Employing over 500 people in the UAE alone Waitrose/FFFM said they continue to look for opportunities for expansion in the region.

A report last year said two thirds of British retailers (66 percent) expect their overseas sales to increase over the next five years and rank the Middle East fifth highest as their preferred future destination.

According to research from Barclays, the UAE (7.7 percent) and Egypt (2.6 percent) were listed as the most popular countries within the MENA region.

The MENA region matched the USA's ranking as a key market for expansion, Barclays said.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

NOTE: Comments posted on arabianbusiness.com may be printed in the magazine Arabian Business

Please post responsibly. Commenter Rules

Posted by: BJ .

When will it open?

All comments are subject to approval before appearing

Further reading

Features & Analysis
How Ramadan has earned prime spot on Gulf fashion calendar

How Ramadan has earned prime spot on Gulf fashion calendar

From Dolce & Gabbana to Michael Kors, major brands are catering...

Focus: 'Amazon did not come to the region for Souq.com alone'

Focus: 'Amazon did not come to the region for Souq.com alone'

E-commerce experts say retailers will have to up their game following...

5
Saudis tighten their belts for Eid in age of austerity

Saudis tighten their belts for Eid in age of austerity

Gov't cuts, which began late in 2015, are now rippling through...

Most Discussed
sponsoredTracking