Future Interiors Qatar 2016
 
Tuesday, July 26, 2016
Directory Directory Subscribe
Login
 

TSC supermarket announces major expansion in Lebanon

 
 

Please, enter data

Please, enter data

businessnews.com.lb, 10 March 2016

The Sultan Center (TSC), the Kuwait-based supermarket chain, is planning to enhance its presence in the local market by renovating its operating branches and opening in three new areas.

TSC closed its branches in Jeita and in the City Mall, in a bid to cut losses related to these two outlets. “We have tried to stimulate activity in the City Mall branch for eight years but the footfall in the mall is already dropping and our visibility to customers was affected, especially when we moved from the front alley to the inside,” said Firas Hamdan, Commercial Director at TSC Lebanon.

A few years ago, TSC had paid Admic, close to $100 million premium as key-money to acquire leasing rights at the City Mall, Ashrafieh, Baabda, Verdun, Jnah, and Zouk.

Hamdan said that TSC will open branches in the South, Khaldeh, and Dora by the end of the year. The new outlets will all open as standalones, bringing the total number to ten. “The branches will have an average area of 2,000 to 3,000 square meters, each because the market cannot absorb more,” he said.

The chain has also started to face lift its operating branches in Jnah, Verdun, Zouk, and Baabda.
businessnews.com.lb
9 March
 

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

$48 million invested in Egypt’s Beta Greens housing project
Daily News Egypt, 18 July 2016

Beta Gardens is a social housing project—part of the national housing project for young people—by Beta Egypt for Urban Development. The construction of ...

Read full story
$48 million invested in Egypt’s Beta Greens housing project
Italy to build the 3.6 billion euros north-south highway in Iran
Reuters, 18 July 2016

The Iranian government has signed a deal with Italy's highway agency ANAS for the construction and management of a 1,200 km (745 miles) road project that will ...

Read full story
Italy to build the 3.6 billion euros north-south highway in Iran
Saudi Arabia to revamp tourism sector
OBG, 16 July 2016

Tourism is set to take on a pivotal role in the Saudi Arabian economy, with business, leisure and faith-based travel all identified as vehicles to raise the ...

Read full story
Saudi Arabia to revamp tourism sector
Back to Home Page 1313 --- 363 <><><> 669.83333333333.....exvideo=0....eximage=0
P 0
BR 11

Future Interiors Qatar 2016

 

 
3rd Annual Future Interiors Qatar
5 - September 2016
TPLA Experience Tech UAE
5 - September 2016
2nd Annual Solar Projects Egypt
6 - September 2016
2nd Annual LightingTech Egypt
26 - September 2016
2nd Annual Smart Parking UAE
28 - September 2016
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Future Police Technology 2016

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Project Lebanon - 16 May - 19 May 2017  
  Energy Lebanon - 16 May - 19 May 2017  
IFP Group Events Calendar

 


Notice: Undefined variable: left3 in C:\inetpub\wwwroot\rec2008\ifpinfo\ifpinfo-news.php on line 1545

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Energy Lebanon
Project Lebanon
Qatar
3rd Annual Future Drainage & Stormwater Networks Qatar
3rd Annual Future Interiors Qatar
3rd Annual Future Landscape & Public Realm Qatar
Heavy Max
Hospitality Qatar
Project Qatar
Qatar StoneTech
Iraq
Energy Iraq - Erbil
Erbil International Fair
Iraq Agro-Food - Baghdad 2016
Iraq Agro-Food - Erbil
Medicare Iraq Erbil
Project Iraq - Erbil
Saudi Arabia
PMV Series at Saudi Build
Saudi Agriculture
Saudi Agrofood
Saudi Build
Saudi Power Sports
Saudi Stone-Tech
Saudi Transport
Riyadh Motor Show
 
 
  IMC
IFP Group 2016 - © All rights reserved