Operator of LULU Chain of Supermarkets, the EMKE Group was positioned on the 11th place out of 50 companies which are largest professional services network in the world by revenue and ranked 197th out of 250 as World’s Fastest Growing Companies.
On a list released by Deloitte, largest professional services network in the world stated that EMKE Group reached revenue of over $4.5 billion in 2012.
Presently, there are 104 Lulu stores in the Middle East and has plans to open forty two new Lulu Hypermarkets in the next 2 years.
The company reveals that 7 new hypermarkets will be opened in the United Arab Emirates in 2014 to 2015, 6 in Oman, 4 each in Kuwait and Qatar and, 3 each in Egypt and Bahrain and fifteen in Saudi Arabia.
Fresh markets were also along the way in Indonesia, Malaysia, Iraq, Morocco, Algeria, and Libya.
Deloitte also added on its report that in spite of challenging economic conditions, revenues for the world’s 250 largest retailers reached $4.3 trillion for the last fiscal year (June 2012 through June 2013).