ADCOOPS crossed yet another milestone of growth and expansion

Published November 10th, 2007 - 12:00 GMT

Abu Dhabi Co-operative Society (ADCOOPS), the leading retail chain in Abu Dhabi and the UAE, crossed yet another milestone of growth and expansion with the opening of its 15th supermarket branch in the Muroor area of the capital.

The 6,000 square meter supermarket complex is located close to the junction of 4th Street, also known as Muroor Road, and 31st Street.

Georges Mojica, General Manager of ADCOOPS said the opening of the new supermarket is in line with the company’s expansion plan across the emirates of Abu Dhabi.  “We intend to reach even the farthest region of the capital. “

Occupying two floors of the newly constructed complex, the branch offers everything a shopper would need, from fresh foods to grocery items and gardening tools to school supplies. “ADCOOPS Muroor offers a complete range of products and will maintain our reputation for competitive pricing,” said Faisal Al Arshi, Deputy General Manager of ADCOOPS.

The first floor of the new branch has a department store that comprises fashion, lifestyle, complete apparel and kids wear while the ground level is fully dedicated to the supermarket section. With a parking space capacity for 150 cars, the new complex will also include other retail and business outlets such as a laundry shop, pharmacy and a bank.

“The new supermarket is aimed to be the shopping destination of all the residents across the capital and those in transit. It is conveniently located and easily accessible to those who prefer to shop at leisure and away from the congestion of the city,” Al Arshi said.

The retailer, which commands an estimated 43 percent share of the Abu Dhabi retail market, has recently opened its 5th megamart branch in Sharjah along Jamal Abdul Nasser Street, Al Majaz 2. Other ADCOOPS brands include Mina Center in Abu Dhabi, Costless Electronics, Costless Infotech and 2XL.

Abu Dhabi Co-operative Society (ADCOOPS) is the leading retail chain in Abu Dhabi. Established in 1981, ADCOOPS has grown into a $30 billion organisation, employing 2,200 people. It is a private joint stock company with 100% Emirati ownership. ADCOOPS' current portfolio comprises investments in supermarkets, hypermarkets, shopping malls, imports, real estate, wholesale, franchise of multinational brands, stock investments, and electronics and computer retail parks. A member of the Consumer Co-operative Union, a governing body for various co-operatives in the UAE, ADCOOPS has 14 supermarket branches across Abu Dhabi.



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