Grand Hyper, among the leading hypermarkets in the region, has further expanded its presence in Kuwait with the opening of its latest outlet in Khaitan in the Farwaniya Governorate. The UAE head quartered Regency group’s 8th Hypermarket in Kuwait was officially inaugurated by Sheikh Dawood Dawood Salman Al Sabah and Nizar Al Oraifan.
Grand Hyper Kuwait Chairman, Jassim Mohamed Khamees Al Sharrah did the initial sale handing over to Dr. Anvar Ameen, Managing DirectorRegency Group and Grand Hyper in the presence of Aboobacker MohammedExecutive Director, NV MohammedDirector, Grand Hyper Kuwait Director Ayyoob Kachery, Dr. Abdul Fathah, CEO Mohammed Suneer, General Manager Thehaseer Ali, Marketing & Business Development Manager Sanin Wasim and several high-ranking officials from various government departments and representatives from local business communities.
Located at Trio Mall in the densely populated Khaitan area, this new 25,000 sq.ft. Grand Hypermarket features an extensive fruit and vegetable market, with the freshest produce exclusively flown in from around the globe. The department store houses all major brands of garments, electronics, household, toys, stationeries and accessories. Moreover, the in-house bakery ensures a regular supply of freshly baked Arab and French breads and patisserie.
Commenting on the opening of the new store Dr. Anvar Ameen, Managing Director, Regency Group for Corporate Management said, “It gives us immense joy in opening our eighth outlet in Kuwait as this new store will make us more accessible and closer to our consumers at Kuwait. We have witnessed an overall growth in the retail segment in the GCC countries and particularly in Kuwait. The consumers have accepted the concept of hypermarkets which provide convenience and international shopping experience all under one roof.”
Dr. Ameen said that Regency Group has identified numerous growth opportunities for its retail brand Grand Hyper. In addition to the hypermarkets that are in the pipeline, Regency Group is in the final stages of negotiations to open several more hypermarkets across Kuwait and upcoming opening- a 20,000 sq ft hypermarket, is set to open in the last quarter of this year in Mehaboola Residential Area.
Ayyoob Kachery, Regional Director- Grand Hyper Kuwait said, “Our vision at Grand Hyper is to be the first choice of customer by setting high standards of customer satisfaction. We at Grand are committed to provide values to stake holders, employees and business partners."
Suneer, CEO of Grand Hyper said, “Despite the not-so-favorable condition prevailing, we could make inroads in to new markets while strengthening in our existing markets."
Explaining the group’s strategy in retailing, Thehaseer Ali, General Manager, Kuwait, said, “Our newest venture in Kuwait is in line with our policy to go closer to our customers and offer an unmatched experience with regard to quality of products, standard of service and pricing. In fact, we are planning to open more outlets in this country as well as other GCC nations and a few other markets."
The Group has a strong presence in countries U.A.E, Qatar, Oman, Kuwait and India. With a view to enhance retail market segment and tap growing retail potential in the GCC and Africa, the Group has focused its expansion plans in North Africa and Far East Asian countries by 2017.