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Spinneys targets expansion in UAE and Saudi Arabia

Summary by AGBI
10 new stores planned this year Q1 revenue and profits increase Average customer spend up Supermarket operator Spinneys plans to expand its network further in the UAE and Saudi Arabia this year as online sales and a bigger spend per customer drove revenue in the first quarter of the year. The top line rose 11.3 percent year on year to AED906 million ($247 million) in the first three months of 2025. Like-for-like sales grew 6.7 percent as 10 new …
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AGBI broke the news in on Tuesday, May 13, 2025.
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