Spinneys continues to expand across Egypt with new opening in Obour city

Spinneys continues to expand its store footprint across Egypt with its latest opening of a new store in Obour City. The new store, which opened on October 18, is located on the main Obour axis, right next to the Chillout gas station. The opening marks an important milestone for the company as it continues its accelerated expansion drive across the country.

“This is our first store in Obour City which is also our first venture into the Kalioubeya governorate and it reflects our ongoing commitment to the Egyptian market in spite of the macroeconomic headwinds,” Spinneys CEO Mohanad Adly, said.  “The launch also marks the first store opening in the current fiscal year and we still have 7 more planned openings before the end of June”.

Spinneys opened its first branch in Egypt in 2006 and has since made significant strides to increase its presence locally and to enhance the brand’s image and awareness. The company’s accelerated growth strategy is focused on reaching shoppers in urban areas with an upgraded supermarket concept, while also offering fresh innovations in its core hypermarket stores.