A Jarir store
Jarir Marketing Co. (JMC) inaugurated today, Dec. 5, a new showroom on Sultana Road, Madinah, as a replacement for its showroom in Abu Bakr As Siddiq Street, near Al Qiblatain Mosque.
In a statement to Tadawul, Jarir said this is its 60th showroom in Saudi Arabia and the 68th branch inside and outside the Kingdom.
The showroom spans 4,540 square meters (sqm). Saudis account for 51% of the total number of staff in the new showroom. The total investment cost stood at SAR 28 million, the statement noted.
The relevant financial impact is expected to show starting from the fourth quarter of 2022.
Jarir concluded that the new showroom marks the third opening this year.
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