Grand Hyper opens 60th store in Mangaf
Grand Hyper, the retail wing of Regency group has announced the opening of their 60th outlet as a part of their aggressive expansion in the GCC region. Grand currently has 17 outlets in Kuwait and Mangaf Hypermarket is set to be the 18th store. Situated on a single basement floor in an area spanning around 20,000 sq ft, the store will celebrate a grand opening on Tuesday, August 6, 2019 at 4:30 pm.
Grand Hypermarket has a strong reputation and trust in Kuwait market as a brand for providing the customers with a wide range of products including food stuffs, world-class electronic appliances, home appliances, footwear, health and beauty items and fashion wears and accessories from leading European designers among others. Perishable goods, farm produces and meat are shipped by air on a daily basis to ensure they are available fresh to the end users. These are procured from internationally-recognized farms to ensure world-class standards.
Making high quality products affordable for the everyday consumer is what sets Grand Hypermarket apart from the rest. On the date announcement of new outlet, Subhan, Executive Director said, “It gives us immense joy to announce a yet another milestone achievement of Grand Hyper. Kuwait has always been the favorite country for the group and the group has big plans of expansion just for this country.” Ayyoob Kachery, Regional Director said, “Now with 18 stores covering all major locations in Kuwait, Grand hyper has become a household name serving 70,000 customers daily in Kuwait. The equal acceptance by both Kuwaiti nationals and expats has inspired Group to further expand its reach in Kuwait.”
Mohammed Suneer, Chief Executive officer - Kuwait region said, “The success of Grand Hypermarket lies in making sure to pass on the benefit that we gain through large-scale procurement of products toour customers. The group has its own sourcing centers in Europe, Turkey, China, Indonesia, Thailand and Sri Lanka, eliminating the middle men from the entire supply chain. This ensures that best quality products reach customers in minimum time at the lowest prices.”
The promoters conveyed their sincere gratitude and
best wishes to His Highness the Amir Sheikh Sabah AlAhmad Al-Jaber Al-Sabah, generous Kuwaiti public and business friendly systems. His Highness the Amir’s wise leadership has steered Kuwait to self-sufficient and investor-friendly destination, one of many reasons for promoters to favor Kuwait over other GCC countries.
Rahil Bassim, Chief Operating Officer said, “Mangaf is a large residential area predominantly occupied by large number of expats including Egyptians, Indians and Pakistanis apart from Kuwaitis. They normally travel to Grand Fahaheel for their shopping needs which being the closest hypermarket to Mangaf. Now with a new hypermarket in Mangaf, customers in the locality will find it very convenient besides new customers in the area will also find it delightful to have Grand in their vicinity.”
Explaining the group’s strategy in retailing, Thehaseer Ali, General Manager, Kuwait, said, “In order to achieve our mission of reaching every customer, we aim to spread our outlets in all the major areas of Kuwait and serve the Kuwait population with the right mix of products at the most competitive prices possible. In fact, we are planning to open more outlets in this country as well as other GCC nations and other markets.” The press meet was attended by HE Sheikh Dawood Dawood Salman Al-Sabah, Chief Patron, Kuwait, Ayyoob Kachery, Regional Director, Kuwait; Subhan, Executive Director, Regency Group Dubai; Mohammed Suneer, Chief Executive Officer, Kuwait; Rahil Bassim K, Chief Operating Officer- Kuwait; Thehaseer Ali, General Manager, Kuwait and Sanin Mannil, Business Development Manager, Kuwait.