SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina
 
Mall, Retail & Hospitality(Real Estate & Retail)
Filter PR by
  
BinDawood Holding expands further in Saudi Arabia with launch of 47th Danube Store
BinDawood Holding expands further in Saudi Arabia with launch of 47th Danube Store
- Danube store opened at Fayfa Avenue in Jeddah; BinDawood Holding’s portfolio grows to 74 stores
- State-of-the-art supermarket comprising Danube Star Bakery, Meat, Fresh Fruit sections and non-food items
 
Jeddah, Saudi Arabia - 30 December 2020:   BinDawood Holding Co. (Tadawul: 4161 and the “Company”), one of the leading grocery retail operators of hypermarkets and supermarkets in the Kingdom of Saudi Arabia (‘KSA’), announced the opening of a new Danube store in Jeddah located in Fayfa Avenue on Prince Mohammed Bin Abdulaziz Street (Previously known as Tahlia). The launch of this store marks Danube’s expansion to 47 locations across Saudi Arabia, in line with the brand’s growth strategy and the demand for modern grocery retailing in the Kingdom. 
 
With the latest addition of Danube Fayfa Avenue, the Company has opened five new grocery retail stores as at end of 2020; 47 of which are Danube stores and 27 are BinDawood stores. BinDawood Holding’s portfolio now stands at 74 stores overall. 
 
Danube has seen considerable growth in sales, reporting an increase of 23.5% as at 9M 2020, due to pantry stocking during the pandemic, continued availability of stock (including premium products) and large layout of stores conducive to social distancing.
 
Ahmad AR. BinDawood, CEO of BinDawood Holding, said:
“We are excited to further expand Danube’s footprint in the Kingdom and give our loyal customers in Jeddah 
greater options to enjoy the highest quality grocery shopping experience in their city. Danube is a household name and one of Saudi Arabia’s most loved consumer brands and we want to ensure as many people can access and experience our brand and commitment to quality, value and service.
 
We have seen a healthy uptick in demand for more modern formats in grocery retailing and we anticipate this trend to continue at a faster pace in the coming period, led by changing consumer habits and preferences. Our latest Danube store has been built and designed in line with current industry and macro trends with the view to effectively meet our customers’ expectations now and in the years to come.”
 
The Danube store occupies a 2,500 square meter space in Fayfa Avenue comprising Danube Star Bakery, Meat, Fresh Fruit sections and non-food items; and is equipped with state-of-the-art facilities to provide a premium shopping experience. In celebration of its 47th Danube store, the Company is launching a number of promotional and marketing activities to celebrate the store opening. 
 
The Company now operates 10 Danube stores in Jeddah, which include Danube Fayfa Avenue; Danube Madinah Road; Danube Al Khalidyah; Danube Tahlia Andalus; Danube Nahda; Danube Arbeean; Danube Serafi; Danube Red Sea Mall; Danube Al Salam Mall; and Danube Tahlia Safa. 

Posted by : Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina PR Network Editorial Team
Viewed 2023 times
PR Category : Real Estate & Retail
Posted on : Wednesday, December 30, 2020  11:32:00 AM UAE local time (GMT+4)
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Parmigiani Fleurier Celebrates the Festive Season With Tonda Reine De Mai [24215-Views]
Sephora Collection and Exclusive Brands Fall 2020 Launches [22230-Views]
Rediscover the Joy of Life With Mouawad Festive Rings Celebrate Love and Positivity This Holiday Sea... [19065-Views]
Be the Star of the Season [18278-Views]
Natalie Sallaum [18097-Views]
The Mouawad Diamond Impact Fund and Miss Universe Join Forces for a Powerful Message of Unity [16744-Views]
Parmigiani Fleurier Salutes the Spirit of Valentine's Day with Tonda Reine de Mai [15924-Views]
Beauty Nation [14481-Views]
KIRIN Collection SS20 Peggy Gou Presents KRAVE [13911-Views]
Add Extra Sparkle to Your Holidays With Make Up for Ever's 2020 Holiday Collection [12300-Views]
Rediscover the Joy of Life with Mouawad Festive Rings [11623-Views]
GROHE SmartControl Kitchen Receives most Design Awards in 2020 [10754-Views]
New LG Instaview Refrigerators Demonstrate Hygiene Innovation at CES 2021 [10332-Views]
Herbal Essences Taps into Nature's most Powerful Ingredients with the new Potent Aloe Vera Haircare ... [10201-Views]
Is your business ready to face Pandemic and Pandemic like situation? [9787-Views]
AIGNER Haute Couture Jewellery Collection CHIARA [9758-Views]
The Most Inclusive Range of Primers to Offer 24hr Correction for Any Skin Type, Any Skin Tone [9459-Views]
Unique Spatial Sound Technologies for Ambient Room-filling Sound with Sony's Latest Premium Wireless... [8462-Views]
A Warm Summer Rain in Winter: The New Head Shower GROHE Tempesta 250 [8401-Views]
P&G Commits to 2,021 Acts of Good in 2021 and Inspires Millions through Lead with Love Campaign [8327-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories