Lulu Group Indonesia opens first hypermarket
In this article (5)
Lulu Group Indonesia has opened its first hypermarket, in Jakarta.
Based in the UAE, the Lulu Group plans to invest US$500 million to set up 10 hypermarkets in Indonesia over the next three years.
Its first Lulu hypermarket was officially opened by Indonesian President Joko Widodo in the presence of Governor of Jakarta Basuki Tjahaja Purnama, Indonesian Trade Minister Thomas Trikasih Lembong, UAE Ambassador to Indonesia Ahmed Abdullah Al Mussali Al Awadi, Indonesian Ambassador to UAE Husin Bagis and other ministers and dignitaries.
In the Cakung sub-district of East Jakarta, the hypermarket covers more than 200,000 sqft (18,580 sqm).
Lulu Group chairman Yusuf Ali says the group also plans to set up a central logistics and warehouse centre in Jakarta.
“We also plan to set up contract farming to ensure a continuous supply of high-quality products and to support the Indonesian agriculture sector.”
The group has 126 stores (some in India) and more than 38,000 employees.
Questions & Answers
Q.How many hypermarkets does Lulu Group Indonesia plan to open in the country?
How many hypermarkets does Lulu Group Indonesia plan to open in the country?
The Lulu Group plans to open 10 hypermarkets in Indonesia. They aim to achieve this expansion over the next three years, starting with their first store in Jakarta.
Q.What additional infrastructure does the Lulu Group intend to establish in Jakarta?
What additional infrastructure does the Lulu Group intend to establish in Jakarta?
The Lulu Group chairman stated plans to set up a central logistics and warehouse centre in Jakarta. They also intend to implement contract farming to ensure consistent product supply.
Q.Who officially opened Lulu Group Indonesia's first hypermarket?
Who officially opened Lulu Group Indonesia's first hypermarket?
The first Lulu hypermarket was officially opened by Indonesian President Joko Widodo. Several other dignitaries were also present, including the Governor of Jakarta and the Indonesian Trade Minister.
Q.What is the size of the first Lulu hypermarket in Jakarta?
What is the size of the first Lulu hypermarket in Jakarta?
The hypermarket, located in the Cakung sub-district of East Jakarta, covers more than 200,000 square feet. This is equivalent to 18,580 square metres of retail space.
Reader pulse
Lulu Group's Indonesia expansion:
20,528 votes so far