As an avid shopper of the famous retailer in Middle East, I would like to share this good news to everyone.
·
Aims to Double Presence by 2019 and
Expand Footprint to Iraq , Libya
Dubai-UAE: 11 March, 2014 – Centrepoint, a unique retail format
catering to families across the region with four leading brands from the
Landmark Group under one roof, has unveiled aggressive expansion plans across the
Middle East, Asia and Africa .
With 100 stores in its retail portfolio,
Centrepoint is set to launch 20 stores this year and 15 stores next year across
existing territories as well as new markets including Iraq , Libya
The announcement was made during a press
meet on 11 March to celebrate the launch of the brand’s store at Al Ghurair
Centre, Dubai
The brand that was launched in 2005 in
Kuwait currently retails four great brands under one roof - Babyshop, Splash,
Shoe Mart and Lifestyle - across Saudi
Arabia, UAE, Kuwait, Oman, Bahrain, Qatar, Egypt, Lebanon and Jordan that
collectively span an aggregate retail footprint of over five million square
feet.
Vinod Talreja, Director, Centrepoint,
said: “As an innovative, one-stop shopping concept, Centrepoint has received
tremendous acceptance across all territories where it has a presence. Our
success is a testimony not only to the quality of products and services we
offer, but also to the practicality of having a single destination that meets
the shopping needs of the entire family. With our experience of almost a
decade, Centrepoint is well geared to enter new markets and explore further
opportunities.”
Vinod Talreja, Director, Centrepoint
Centrepoint has enjoyed significant
success particularly in Saudi Arabia
and Kuwait Arabia , top among the brand’s markets has 56
Centrepoint stores, followed by the UAE market that has 15 stores.
Simon Cooper, Head of Centrepoint, said: “Based
on our exhaustive consumer research conducted in 2013 across our key markets in
the GCC region, it is apparent that shoppers closely connect with the brand
that Centrepoint represents. We process 35 million transactions annually. The
average customer visits Centrepoint at least nine times in a year and shops for
at least three of the four brands with their families. These trends are strong
indicators of Centrepoint’s viability as a successful retail format.”
(Left to right) Vinod Talreja, Director, Centrepoint and Simon Cooper, Head of Centrepoint
Enjoying unparalleled customer acceptance,
Centrepoint is poised for phenomenal growth driven by a workforce of over
10,000 trained personnel. The next five years look crucial for the brand as it consolidates
existing operations and explores newer markets to widen its presence.
-ENDS-
About Centrepoint
Landmark Group launched
the first Centrepoint store in Kuwait Saudi Arabia ,
the UAE, Kuwait , Oman , Bahrain ,
Qatar , Egypt , Lebanon
and Jordan
Each Centrepoint outlet is
a large format store retailing four great brands - Babyshop, Shoemart, Splash
and Lifestyle. With an extensive collection that comprises high-street fashion
clothing, accessories, stylish footwear, beauty and grooming products, baby and
child essentials, home decor and everything in between, Centrepoint caters to
the needs of the entire family as the ultimate shopping destination.
Supported by over 10,000
personnel, the brand serves 35 million customers annually through its 100
outlets across the GCC-MENA region. Voted the UAE’s Superbrand, Centrepoint is
considered among the most loved and admired retailers in the Middle
East .
Members of Landmark Group’s
‘Shukran’, the largest loyalty programme in the MENA region, collect loyalty
points against every purchase made at Centrepoint outlets that can be redeemed
in-store.
For more details, visit www.centrepointstores.com
Beso!
