Spinneys' Growth Strategy Unveiled

Spinneys Egypt, a prominent name in the supermarket industry, proudly announces the inauguration of its latest store in Alexandria, marking a significant stride in the company's expansion agenda. Nestled in the vibrant Gleem neighborhood, this addition to Spinneys' portfolio signifies a robust commitment to catering to diverse customer needs and fostering local economic development.

A Symbol of Growth

With a total investment of approximately EGP 70 million, the newly opened Spinneys store in Gleem stands as a testament to the company's dedication to providing unparalleled shopping experiences. Spanning over 1,200 square meters, the store aims to become a community hub, offering an extensive array of premium products and services to Alexandria residents.

Commitment to Customers and Community

Mohanad Adly, CEO of Spinneys Egypt, expresses enthusiasm for the expansion, emphasizing its alignment with the company's vision for growth and customer-centric approach. The employment of 100 local individuals underscores Spinneys' commitment to fostering employment opportunities and supporting local communities.

Setting New Standards in Retail Excellence

With a strong focus on customer satisfaction and operational efficiency, Spinneys endeavors to elevate retail standards in Alexandria. The new store represents a culmination of Spinneys' commitment to excellence and innovation in the retail sector.

Ambitious Expansion Plans

While celebrating the launch of the Alexandria store, Spinneys Egypt sets its sights on further expansion. The company aims to open four additional stores by the end of the fiscal year in June 2024, solidifying its position as a leader in the Egyptian retail landscape.

Continued Growth Trajectory

Looking ahead, Spinneys Egypt remains steadfast in its growth trajectory. Plans for the upcoming fiscal year include the inauguration of six new stores across Egypt, highlighting the company's unwavering commitment to meeting the evolving needs of its customers and communities.

A Journey of Innovation and Growth

As Spinneys continues its journey of expansion and innovation, the company reaffirms its position as a trailblazer in the Egyptian retail sector. With a steadfast commitment to excellence, Spinneys Egypt is poised to shape the future of retail and enhance the shopping experience for customers across the nation.