Posted inRetail

Canada’s Circle K plans major Middle East shops expansion

One of the world’s largest convenience store chains set to open 55 new outlets in region in 2015

Circle K, one of the world’s largest convenience store operators, has announced plans to open 55 new branches across the Middle East in 2015.

The move is part of the company’s plan to expand its foothold and offer enhanced services to its growing customer-base in the region, Circle K said in a statement.

It added that the company aims to open 28 new outlets in the UAE alone between Abu Dhabi, Dubai and other nearby emirates.

These planned branches are expected to complement the company’s existing 38 outlets across the UAE.

According to Circle K’s senior executives, the company remains upbeat about prospects for 2015 and 2016, with a growth phase that will see the business growing twice as large over the period.

Fahmi Al Shawa, CEO, Circle K Arabia, said: “We are looking towards 2015 with high spirits and an upbeat attitude that gives us the confidence to plan the opening of 55 more branches across the whole region.

“In fact, we have already set our sights on 28 new outlets in the UAE alone, which in turn will help reinforce the presence of 38 of our branches here in the country.

“These new outlets are expected to address the demand for convenience stores that can help cater to the needs of consumers in the emirate.”

Owned by Canadian-based Alimentation Couche-Tard, Circle K is one of the most successful operators of convenience stores and has a presence in North America, China, Japan, Indonesia, Vietnam, Hong Kong, Guam and Mexico.

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