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The UAE-based business conglomerate opened its second outlet in Al Ain expanding its hypermarket network and reinforcing itself firmly to the modern, customer-centric retail landscape of the region.
Abu Dhabi - The UAE-based retail major Fathima Group is currently on an aggressive expansion mode aimed at further consolidating its retail presence across the GCC and India. The Group is rolling out seven new hypermarkets in the next few months at an estimated investment of AED 200 million. The Group, with diversified businesses predominantly a chain of hypermarkets, supermarkets and department stores, registers 12 per cent business growth this year, as compared to that of last year.
Fathima Group opened its second hypermarket in Al Ain city recently and the new seven outlets will come up in Bur Dubai, Dubai Waterfront, Sharjah and Ras Al Khaimah in the UAE; Jeddah Haramain and Al Safa in Saudi Arabia; and Sobha City - Thrissur in India. HE Sheikh Mussallam Salem Bin Ham Al Ameri, Member of National Consultative Council, inaugurated the new outlet in Al Qattara, Al Ain in the presence of Fathima Group Chairman Mr. E.P. Moosa Haji, Managing Director Mr. E.P. Sulaiman Haji, and senior dignitaries.
"The Group is also developing a major food manufacturing facility at Dubai Investment Park (DIP) at an estimated investment of AED 70 million. The facility, mainly for production of drinking water and processing of spices, pulses and catering services, will span over an area of 100,000 sq.ft. Fathima Group is also setting up its corporate office and logistics centre with a cold storage facility at Dubai Investment Park (DIP). Covering over an area of 500,000 sq.ft, the facility is under construction at an estimated investment of 180 million," said Mr. Moosa Haji.
Commenting on the latest venture, he added, "With the opening of our new outlet in Al Ain, we are reinforcing our network firmly to the modern, customer-centric retail landscape of the region. We are currently on a vast expansion mode looking for a wider market segment in the GCC and India.
Mr. E.P. Sulaiman Haji, Managing Director of the Group, said, "Fathima Group also wants to be present in locations that would be beneficial to our customers. These outlets would focus on a product range tailored to the large multinational population in these regions. Due to the availability of an extensive product line, our hypermarkets and supermarkets are popular among the local and expatriate communities."
"This gives us the encouragement to look for a wider market segment. We continue to look at further expanding our reach in the country and the GCC. Our outlets always provide the widest range of quality and value-for-money products all under one roof. We are committed to ensuring great service and convenience to all our customers," he added.
"We are extremely grateful to the visionary Rulers and people of this country, the foundation of our business that started out in 1968 in Abu Dhabi and grew together being encouraged in all our expansion strategies and efforts. We have seen a steady growth in our retail business and hope to keep the momentum. Over the years, we have achieved great success with over 4,000 employees and loyal customers. This is part of its wider growth plans in the GCC retail scene."
The growth of Fathima retail chain is largely because of quality products with competitive pricing. We source products from suppliers around the world and has a strong logistical structure in place. Our dedicated service ensures customers a comfortable and wholesome shopping experience. And we hope this is the right time for us to open more hypermarkets to provide value to the customers," said Mr. Sulaiman Haji.
The new hypermarket in Al Ain, laid out with the best facilities for the convenience of customers and product variety in mind, offers a range of world-class products and brands at the fairest price. The hypermarket is spread in three levels and combines everything from foodstuff including fresh fruits and vegetables, bakery to household and electronics, gadgets, health and beauty products, fashion garments, footwear and accessories, among other things.
The hypermarket boasts three packed floors catering to different shopping needs. The basement floor showcases household items, home appliances, electronics, mobile phones, IT products and a fresh flowers counter. The ground floor houses foodstuff with separate sections for fresh fruits and vegetables, meat and poultry, fish, dairy products, spices, ready-to-eat products, bakery and roastery. The first floor of the premise features high-fashion garments, ladies' accessories, toys, stationery, watches, jewellery, and a photo studio.
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About Fathima Group
Founded in 1968, Fathima Group of Companies evolved at the pace of its regional environment through the years, with a particular focus on modern retail. Created by a humble and hard-working family, it is one of the oldest companies in the country which explains its excellent relationships with customers and a strong brand recognition. Well established as a retail giant, the Group began with a small store in Abu Dhabi and now pans across the GCC with a larger business portfolio and 22 business verticals that include a chain of hypermarkets, supermarkets and department stores and a number of own brands.
The Group's varied business interests include catering, trading, cold stores, electronics & home appliances, bakery, imports/exports; manufacturing and distribution of drinking water, spices and pulses; marine food supplies, flour mills, fastfood and restaurant, perfumery, apparels, hospitality management, facility management and constructions. Catering to a wide populace, the retail business has been a successful model for the Group over the years. With an increasing presence, Fathima Group has been able to gain popularity in a short span of time. Along with the UAE, the Group has a wide presence in Oman, Saudi Arabia, Qatar, Malaysia, India and China.
Fathima Group is the master franchise holder of the European retail major Continente for the UAE. Continente will soon launch its flagship outlet in Dubai. The Group has also signed a franchise agreement with The Manhattan Fish Market, a dine-in seafood restaurant chain. Fathima Group has partnered with India's Aditya Birla Group to launch the latter's premium apparel brands including Louis Philippe, Van Heusen, Peter England, Allen Solly and People in the UAE.
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Dubai, UAE.
© Press Release 2016
