The first overseas Waitrose store will open in three months after the upmarket UK grocer agreed a deal with Middle East retailer Spinneys.
Go deeper with GlobalData
Waitrose has agreed to license its name to Spinneys, which will use the banner for the first time in April in Dubai.
Two purpose-built Waitrose stores will open in Dubai later this year and the two companies plan to convert a further 20 Spinneys stores to the banner by 2010.
Commercial director Richard Hodgson said: “This agreement is set to accelerate export trade for Waitrose and marks a significant milestone in our international ambitions.”
Spinneys stores have sold Waitrose own-label products in Dubai and Abu Dhabi since 2004.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
