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Tue 1 Mar 2016 01:57 PM

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UAE's Centrepoint said to plan 25 new outlets in 2016

Majority of new stores are to be in Saudi Arabia, Oman and Kuwait, company official says

UAE's Centrepoint said to plan 25 new outlets in 2016

Centrepoint, a division of UAE retail conglomerate Landmark Group, is to open 25 new outlets across the Gulf in 2016, it was reported on Tuesday.

The new outlets are expected to be mainly in Saudi Arabia, Oman and Kuwait.

The company – which manages four of Landmark Group’s fashion brands, Babyshop, Shoe Mart, Splash & Lifestyle – will also reportedly hire another 2,500 employees this year to support its expansion.

Simon Cooper, head of Centrepoint at Landmark Group, was quoted as telling Emirates247: “We are looking about 25 openings this year in the Gulf region, most of them in Saudi Arabia, Oman and Kuwait. Next year more openings will be in Qatar.

“We are involved in most of key developments [shopping malls] in the GCC where Centrepoint will feature.”

He added: “We are half way through the opening of new stores, and have a lot of store openings in May and June – particularly in Saudi Arabia.”

Centrepoint has 128 outlets across the Gulf at present – half of which are standalone stores and half of which are located within shopping malls. Its Oasis Mall project on Dubai’s Sheikh Zayed Road is expected to be replicated in Saudi Arabia, Cooper said.

 “Every store that opens, we create around 100 job opportunities,” he was quoted saying. “We continue to focus improving our existing brands under the Centrepoint umbrella now as we have big choice for the customers.”

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