UAE-based fresh food retailer Spinneys is advancing its regional growth strategy by reaching a strategic joint venture with ...

Regional grocery chains in the Gulf have struggled in the past year amid rising competition from online-only outlets.

UAE supermarket Spinneys is expanding its regional footprint - forming a new JV with Alshaya Group to open ten new stores in ...

The first store is expected to open next year, marking Spinneys' entry into its fourth market in the Gulf Cooperation Council ...

Spinneys will hold a 51% controlling stake in the joint venture with Alshaya Group, one of the world’s leading brand ...

In a statement, Spinneys' Chief Executive Officer, Sunil Kumar, underscored the move as a "major milestone in our strategy to bring Spinneys’ premium fresh food offering to more customers." ...

Spinneys expands into Kuwait with Alshaya joint venture. Ten stores planned, first opening in 2026, marking its fourth GCC market entry ...

Supermarket chain franchisee Spinneys will enter the Kuwait market under a strategic partnership with Gulf retail giant Alshaya Group, and plans to open 10 stores in the country, the two firms said on ...

Supermarket chain Spinneys' franchisee in the United Arab Emirates and Oman is seeking to raise as much as $375 million from the sale of a 25% stake in an initial public offering, it disclosed on ...

After Spinneys revealed it will sell 900 million shares, or a 25 per cent stake, new investors can start subscribing to the IPO at a price range of between Dh1.42 to Dh1.53 per share. The price ...

Spinneys’ $375 Million Dubai IPO Draws Franklin Templeton Shares sell out in minutes as demand for Gulf deals holds up Price range set at 1.42 dirhams to 1.53 dirhams per share ...

Spinneys also has a significant presence in the UAE, although this has been operated by a franchisee since 1999. “In the four countries we currently manage and have an equity involvement in, we’re ...