Middle East’s retail giant Lulu announces that it was on target, posting 20 percent growth in business this year to hit $5.4 billion as the UAE’s home-grown regional brand expands outlets to 100, with the opening of a hypermarket at its newly built RAK Mall last week. Lulu brand’s success story would continue apace with the opening of more outlets in the Middle East and India this year. It has been announced that the company would make a retail foray into India with the opening of a hypermarket by end-2012. Constant foray of the retail heavyweights into the Indian retail domain is a sunshine opportunity for the signage players engaged in in-store/in-store displays and signages.
