Riyadh- Mubasher: Jarir Marketing Company on Monday, 27 July, inaugurated a new outlet in King Fahd Road in Sakaka area with investments worth SAR 23 million.
The 4,200-square meter store is Jarir’s 51st outlet in the kingdom and the 61st in total. It is also the second showroom opened in 2020, according to a bourse disclosure on Tuesday.
Moreover, Saudi employees working in the showroom represent 50% of the total staff.
The positive impact of the new store will reflect on the company’s financials as of the third quarter (Q3) of 2020.