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16/02/2026 02:55 AST
Lulu Retail Holdings, the region's largest pan-GCC full-line retailer, plans to open 50 outlets between 2026 and 2028 as it reported record Dh29.1 billion revenues for 2025, an increase of 4.1 per cent.
The retailer attributed the increase in profits to store expansion and strong e-commerce growth across the GCC.
Lulu opened 20 new stores in 2025, in line with guidance, taking the total store count to 267 by year-end. The expansion included hypermarkets, express stores and mini markets across the UAE, Saudi Arabia, Kuwait and Bahrain.
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