Ayala Corp. and UAE-based supermarket chain Spinneys are opening 12 stores in Metro Manila beginning in the fourth quarter. The partnership expands Spinneys’ presence into the Philippines, leveraging Ayala’s local retail infrastructure. Both companies aim to strengthen their regional grocery market footprint through this collaboration.
Spinneys, a premium fresh food supermarket chain in the UAE, is collaborating with Ayala Corporation to establish stores in the Philippines. The partnership aims to expand Spinneys' regional footprint under Ayala’s retail network. Both companies will leverage their expertise in premium grocery retailing to serve Filipino consumers.
Spinneys enters Kuwait as part of its regional expansion in the Gulf market. The supermarket operator confirms its first foray into the country, adding Kuwait to its existing footprint in the UAE. The move follows Spinneys' growth strategy in the Middle East retail sector.
Spinneys reports a **14% increase in Q1 profit** driven by its expansion in the UAE. The retailer opened **three new stores in Dubai** and is targeting an entry into **Jeddah**, supporting broader growth across the GCC region. The gains come despite the impact of new tax regulations.
May 2025Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinemaNews article
