Lebanon Businessnews News
 

Spinneys expanding as the
largest supermarket chain
17 outlets including four this year alone
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Spinneys is planning to open three new branches by the end of 2017. The branches will be located in Ain el Tineh, Jdeideh, and Mtayleb.

The investment value for all three branches is $6 million.

The supermarket already opened a 7,300 square meter (m2)-branch this year at The Spot Choueifat.

This brings the total number of branches to 17, including three ‘Happy’ discount stores. This makes Spinneys the largest operating local supermarket chain in terms of number of outlets.

“We have performed satisfactorily thanks to our varied product mix and ability to sustain customer loyalty,” said Michael Wright, CEO of Spinneys.

The supermarket imports many international brands directly such as Auchan, Netto, and Tesco.

The Ain el Tineh and Jdeideh branches will open this month. They will have an area of 600 m2 and 500 m2 respectively. The Mtayleb branch will be open later through the year and will have a space of 8,000 m2.

Wright said: “We will continue to open new outlets in the coming years.”
Reported by Yassmine Alieh
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Date Posted: Jun 01, 2017