The CEO of the Union Cooperative, Khalid Humaid Bin Dhiban Al Falasi, said that the company intends to open a sales outlet within Expo 2020 Dubai in the coming period.
He added, «Emirates Today», that «the new store will bear the brand (Cooper) of the cooperative, and will provide competitive offers for commodity prices». Al-Falasi revealed that «(Tawuniya) is preparing to open a center (outlet) system in the folding area in Dubai, before the end of this year, and this is one of the new modes of operation of the outlets of the association, as it will provide a large number of food and consumer goods at very low prices, approximate wholesale prices» .
He explained that «the system of work of the new center depends - in his idea - to provide operational and service costs provided to consumers, and reduce the number of assisted labor, in return for more practical policies, allowing the provision of low prices at large rates». Al-Falasi said that «the folding project includes the establishment of a central warehouse for the cooperative, on an area of 200 thousand square feet, at a total cost of more than 65 million dirhams».
He added that «the total construction area of the project amounts to about 162 thousand and 500 square feet, and consists of the building of the main warehouse, and a group of service buildings».
Al-Falasi pointed out that the retail markets in the country are witnessing great competitive rates in offering discount offers, which contributes to the decline in the prices of some commodities and the domination of general stability indicators of commodity prices, especially food. He said that «the Union's cooperative kept pace with developments in the retail sector, through the electronic platform to provide orders, through the Internet».
He pointed out that «cooperative» has plans to expand in Dubai, announced recently, including the completion of 10 centers and outlets, at a total cost of more than one billion dirhams.