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Value conglomerate Landmark Group plans to invest USD 1 bn over the next three years, to expand its operations across the Gulf, India, and Southeast Asia, according to a press release (pdf). The investment will facilitate the opening of 400 new stores, contributing to a projected 20% growth in the company’s retail footprint by 2028.
In the pipeline: As part of this expansion, Landmark will introduce its grocery brand Viva in Saudi Arabia in 2025 and launch its children’s store Babyshop in four cities across India over the next six months. The group also aims to increase its annual revenue, which currently exceeds USD 7 bn, by investing in e-commerce, supply chain improvements, and technology upgrades.
About Landmark Group: Founded in 1973 in Bahrain and based in the UAE since 1990, Landmark Group operates over 2.2k outlets across 17 countries. The group manages 22 brands such as Centrepoint, Home Centre, Max Fashion, and Babyshop. It has diversified into leisure and hospitality with brands like Fitness First and Citymax Hotels, and owns Omega Logistics, the largest privately-owned distribution hub in the MENA region.
