Majid Al Futtaim Food Retail news

Retailers prepared for a strong back-to-school season in 2021, with Mastercard SpendingPlus projecting retail sales would grow by 12% during the back-to-school period (August 16 to September 19) compared to 2019. In our Back-to-school, 2021 report we explore back-to-school initiatives globally and highlight five key themes. Below are three standout in-store back-to-school campaigns we...

Across its operations Majid Al Futtaim (MAF), which operates the Carrefour brand across the Middle East and Africa, is looking to grow its online skill and scale quicky. The retailer, which has seen changing shopping habits because of COVID-19, has been investing heavily in its online operations as a result. We round developments from across its operations which underline its growing online capac...

As Majid Al Futtaim, which operates the Carrefour brand in several countries across the Middle East and Africa, sets out expansion plans for Egypt and Kenya and signs an MoU for organic produce in the UAE, we round up news from the retailer. Carrefour to invest in expansion in Egypt… Carrefour is set to invest EGP200m (US$12.7m) in Egypt as it expands its store base and improves its existin...

At a corporate level, UAE-based Majid Al Futtaim saw a fall in revenue of 3%, to AED17.3 bn (US$4.7 bn), and a 27% decrease in its EBITDA, to AED1.6 bn (US$435.5m), in the first half of its financial year. In its results, its Retail division was a bright spot, with Majid Al Futtaim Retail reporting a rise in revenue and EBITDA. Majid Al Futtaim sees stark differences during first half The c...

As Majid Al Futtaim (MAF) enjoys fast-paced growth online and expands its range in Pakistan, we round up news and further developments from the retailer. Carrefour sees triple digit sales growth online… In an interview with CNBC Majid Al Futtaim’s chief executive, Alain Bejjani, discussed the ‘ fantastic surge ’ in online sales the company had seen during the pandemic. Bejjani said Carrefou...

Majid Al Futtaim (MAF), which operates the Carrefour brand in the Middle East and Africa, has opened a new fulfilment centre in Dubai, outlined expansion plans and announced a new collaboration in Georgia. Largest online fulfilment centre opened in Dubai MAF has opened the largest Carrefour fulfilment centre in the Al Garhoud area of Dubai. The centre aims to help it meet the increased dema...

We round up developments from Kenya and Nigeria. Kenya: Carrefour expands its retail reach Carrefour, operated by Majid Al Futtaim in Kenya, has opened its eighth store in Nairobi’s Mega Shopping Mall. The store offers over 39,000 food and non-food items, with the retailer stating 99% of stock will be sourced locally. The store will also offer home delivery services aiding consumers struggl...

New initiatives from Majid Al Futtaim (MAF), which operates the Carrefour brand in the Middle East and Africa, in the UAE and Bahrain, including click and collect, new partnerships and digital initiatives. UAE: Carrefour to launch click and collect solution Carrefour UAE will introduce a click and collect service for its online shoppers, which it says will add flexibility and convenience. T...

We round up developments at the retailer, which operates the Carrefour brand across the Middle East and Africa, in Qatar and UAE. Majid Al Futtaim opens Dubai’s first hydroponic farm Majid Al Futtaim has said it has opened Dubai’s first in-store hydroponic farm at its Carrefour Market Al Wasl store. This marks the retailer’s third hydroponic farm, following two others in Abu Dhabi. At 24...

New developments for retailers in Kenya and Uganda. Uganda: Carrefour and Jumia partner for delivery Carrefour, operated by Majid Al Futtaim in the country, has partnered with Jumia through its Jumia Food app, to provide shoppers with a safe and convenient home delivery service in Kampala. Initially, there will be a limit on orders for key items, such as sugar, flour, and sanitisation pr...