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Dubai, UAE, March, 02, 2017: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today announced the opening of its second Carrefour hypermarket in Nairobi, Kenya. The retailer’s expansion within the Kenyan market marks a significant milestone in the Company’s expansion plans into the African continent.
The most recent hypermarket is located in East Africa's pre-eminent destination anchored by the newest retail hotspot in Nairobi, the Two Rivers Mall, and offers more than 30,000 items, including fresh produce and groceries, a fresh bakery, home appliances, electronics and general merchandise.
Renowned for great value products and a combination of discount offers, Carrefour promises its customers more than just shopping. As evidenced by the first store, the hypermarket’s customers will continue to enjoy an excellent shopping experience and purchase quality products at even lower costs at the new 7,200 square meters store.
Majid Al Futtaim prides itself in upholding the highest international standards and best practices from supply chain management to customer service. The hypermarket is already working with more than 450 suppliers, 445 local manufacturers, producers, and farmers across Kenya for the new store.
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Nahed Ashour, Valentina von Lutterotti
CNC Communications
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The legal name of this company is “Majid Al Futtaim” and should not be shortened or replaced by an acronym to avoid confusion with another business entity.
Disclaimer: All facts and figures in this release are accurate at the time of issuance.
About Majid Al Futtaim
Founded in 1992, Majid Al Futtaim is the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia.
A remarkable business success story, Majid Al Futtaim started from one man’s vision to transform the face of shopping, entertainment and leisure to ‘create great moments for everyone, every day’. It has since grown into one of the United Arab Emirates’ most respected and successful businesses spanning 15 international markets, employing more than 34,000 people, and obtaining the highest credit rating (BBB) among privately-held corporates in the region.
Majid Al Futtaim owns and operates 20 shopping malls, 12 hotels and three mixed-use communities, with further developments underway in the region. The shopping malls portfolio includes Mall of the Emirates, City Centre malls, My City Centre neighbourhood centres, and four community malls which are in joint venture with the Government of Sharjah. The Company holds exclusive rights to the Carrefour franchise in 38 markets across Middle East, Africa and Asia, and operates a portfolio of more than 170 outlets in 15 countries.
Majid Al Futtaim operates 242 VOX Cinema screens and 28 Magic Planet family entertainment centres across the region, in addition to iconic leisure and entertainment facilities such as Ski Dubai and iFly Dubai, among others. The Company is parent to the consumer finance company issuing 'Najm' and ‘Voyager’ credit cards, a fashion retail business representing international brands such as Abercrombie & Fitch, AllSaints and lululemon athletica, and a healthcare business that operates City Centre Clinics. In addition, Majid Al Futtaim operates Enova, a facility and energy management company, through a joint venture operation with Veolia, a global leader in optimised environment resource management. The Company also owns the rights to The LEGO Store and American Girl in the Middle East and operates in the food and beverage industry through a partnership with Gourmet Gulf.
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© Press Release 2017
