Majid Al Futtaim is set to open its first Carrefour stores in Uganda in the upcoming months, as the retailer seeks to expand in the region buoyed by success in Kenya.
Majid Al Futtaim will operate its first Carrefour store in Oasis Mall, with over 150 employees recruited for its maiden Ugandan outlet.
Hani Weiss, CEO of Majid Al Futtaim – Retail acknowledge the success in Kenya as a key factor in their expansion to Uganda. “This will further cement our position as a leading customer-centric retailer, bringing one of the largest retail chains in the world to the heart of the country,” he said.
He went on to say that Uganda is considered one of the fastest growing economies in Africa, and they are delighted to partner with local stakeholders to offer a world-class retail experience to the Ugandan community, specifically tailored to their needs.
As part of its expansion strategy, Majid Al Futtaim is planning to open its second Carrefour store in the country (Uganda) in early 2020 at Metroplex Kampala, creating up to 150 additional direct and indirect employment opportunities for local talents.
In addition, the stores will stock a mix of international and local brands all certified by relevant government agencies, applying international hygiene standards in order to guarantee food safety to customers.
Majid Al Futtaim holds the exclusive franchise rights to operate Carrefour in 37 countries and currently operates over 270 Carrefour stores in 15 countries. Uganda will be its 16th market. Carrefour started operations in East Africa with its entry into the Kenyan market in 2016 and operates seven stores to date, employing more than 1,400 staff members.