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Landmark to open 200 stores for 2012 Saturday, 24th September 2011
Landmark Group, one of the largest retail conglomerates in the United Arab Emirates is set to open another 200 stores in the Middle East over the next twelve months.
As part of a region-wide expansion plan the company will boost staff numbers and retail space by approximately 15-20 per cent, according to Landmark chief executive Vipen Sethi.
“Expansion for all the brands is pretty much on the cards,” he told Arabian Business. “We are opening new stores all the time.
“We have 1,000 stores today, that includes all the retail brands. This is likely to grow by about 20 percent. So [we will open] about 200 more stores.
“The number of [new] staff will depend on the size of the stores, but the company grows about 15-20 percent every year. In the Middle East we currently have about 28,000 employees.”
The group, which has a presence across the entire retail sector operates with brands including New Look, Shoemart, Steve Madden and Kurt Geiger across fifteen different Middle East markets.