●
The stores will serve more
than 100,000 new customers
●
85 percent of the products will be locally sourced, promoting local
brands
●
More than 150 direct and
indirect job opportunities will be created for Pakistani workers
Lahore, Pakistan, 22 April 2024: Majid Al Futtaim, which owns the
exclusive rights to operate Carrefour in Pakistan, is thrilled to announce the
inauguration of a new Carrefour supermarket in Askari 10 in Lahore. The opening
of the new store marks another successful addition to Majid Al Futtaim’s
expanding presence in Pakistan. With this strategic expansion, Majid Al
Futtaim’s current investment in the country is poised to reach 14.3 billion
Rupees, further solidifying its commitment to the local market. This expansion
also brings the total number of Carrefour stores in Lahore to 8, marking a
substantial increase in accessibility and convenience for customers.
With the store opening, Majid Al
Futtaim is set to elevate the shopping experience for residents in its
neighbouring areas. Situated strategically to serve the community, this
addition follows the successful launch of a Carrefour supermarket in Karachi’s
Clifton Block and the debut of Karachi’s Myli outlet at Carrefour Lucky One
mall. Alongside an onsite cafe, Askari 10 boasts a dedicated fresh butchery
section that adheres to international quality standards, ensuring a wide range
of meat with exceptional quality and freshness.
Commenting on the expansion, Umer
Lodhi, Country Manager of Carrefour Pakistan at Majid Al Futtaim – Retail,
stated: “As we celebrate the expansion with the opening of Askari 10, our
latest addition to Majid Al Futtaim’s portfolio, we are delighted to share the
news of a total of three new inaugurations within the first quarter of this
year. This achievement underscores our unwavering commitment at Majid Al
Futtaim to enhancing shopping experiences, supporting local businesses, and
contributing to the national economy. As we expand our footprint, this
initiative is not just about providing exceptional retail offerings, but also
about creating approximately 150 new job opportunities, both direct and
indirect, for the local community.”
The stores are committed to promoting local brands,
with 85 percent of the wide selection of products being sourced from locally
owned businesses.
Majid Al Futtaim remains dedicated to expanding its
investment portfolio in the country, fostering job creation, empowering local
businesses, and enriching the lifestyle of the population through tailored
customer experiences.