Saudi Arabia: Retail Foods

  |   Attaché Report (GAIN)

Two retailers started online sales of perishable products in 2017, and Saudi Arabia’s retail sector continues to grow rapidly. Total 2016 retail sales are estimated at $41.8 billion, an increase of 6 percent over the previous year. Hyper and supermarket chains continue to expand. And UAE based LuLu hypermarkets, which also operates hypermarkets in Saudi Arabia, opened a food processing, logistics, and sourcing center in Lyndhurst, New Jersey. The total number supermarkets and hypermarkets in Saudi Arabia in 2016 was estimated at 1,255 stores, accounting for approximately 2.9 percent of retail outlets. In 2016, U.S. exports of consumer-oriented food products to Saudi Arabia declined by approximately 11 percent to $508 million. 

Saudi Arabia: Retail Foods

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