Dubai developer Nshama has signed a contract with Majid Al Futtaim Retail to open a new Carrefour hypermarket
Dubai developer Nshama has signed a contract with Majid Al Futtaim Retail to open a new Carrefour hypermarket in its Town Square Dubai project.
Spanning 8,000 square feet, the Carrefour Hypermarket will be centrally located in Town Square Dubai and is scheduled to open in the third quarter of this year.
A part of the vast retail precinct currently being developed in Town Square Dubai, it will feature several of Carrefour’s signature concepts including Food 2 Go, Healthy Kitchen, Baby Universe, Green Home, Pet Lane, a statement said.
Fred Durie, CEO of Nshama, and Philippe Peguilhan, country manager of Carrefour UAE at Majid Al Futtaim Retail, signed the agreement.
Construction of the new hypermarket will commence shortly, the statement added.
Durie said: “Carrefour is a popular brand of UAE residents and the new outlet will bring convenience shopping right next door to Town Square Dubai.”
Peguilhan added: “Town Square Dubai is well poised to become a vibrant community, and our belief is that no locality can be complete without a retail space that offers quality, variety, and value. We’re confident that our hypermarket will exceed these expectations."
Town Square Dubai will feature thousands of homes as well as being home to the Town Square Park, a hotel, cineplex, and the retail precinct with several retail and F&B outlets in addition to a range of leisure attractions.
Other amenities include open air cafes, healthcare centres, schools, outdoor sports areas and gyms, among others.For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.