date:Jan 22, 2013
llion to open around 500 stores in UAE and Saudi Arabia over the next four years in efforts to modernise the traditional grocery store market, said Fahmi Al Shawa, managing director of Circle K. Of the 1,300 groceries in Abu Dhabi, many will be unable to invest in the required upgrades and sooner or later, will go out of business, he said.
Circle K is planning to spend about Dh8 million to open at least 10 new stores in Abu Dhabi alone, he said. We can go up to 50 stores if we get the locations