Dubai - Mubasher: ENOC Retail, Emirates National Oil Company’s retail business segment, announced on Monday, plans to achieve 150% growth for its ZOOM stores network in the UAE by 2025, according to a press release.
ZOOM’s growth plans include the opening of 30 stores every year to reach 500 stores in the UAE by 2025, to cater to increasing customer demand and population growth, the company said.
The company also aims to triple its turnover in the next 15 years, it added.
Regionally, the company has plans to expand in Saudi Arabia where it currently has 3 convenience stores in petrol stations with 6 more opening in 2016. The company plans to have 27 ZOOM stores in KSA by 2018 in line with the petrol station growth plan.
There are currently two Zoom stores in Bahrain with plans for several more over the next few years. Zoom is also open for franchising both in the UAE and across the region.
