Spinneys Expands to the Philippines


The Dubai-based premium grocery retailer Spinneys, is expanding its horizons beyond the Gulf Cooperation Council (GCC) for the first time. The retailer has entered a strategic joint venture with Ayala Corporation, a prominent business group in the Philippines, to bring Spinneys stores to the Philippines. This strategic move is its first expansion outside of the GCC and into the high-growth Southeast Asian market. The partnership combines Spinneys’ fresh food retail expertise with the Ayala Corporation’s deep local market knowledge.  Read more at www.gulfnews.com