Jarir opens new store in Jeddah

27/12/2015 Argaam

Jarir Marketing Co. has opened a new showroom in Jeddah at an investment value of SAR 23 million, the company said in a statement to Tadawul.

 

The newest showroom, which opened Thursday, December 24, brings the total number of stores inside Saudi Arabia to 34, and 40 overall in the kingdom and other GCC countries. The 3,600 square meter space is their fifth new showroom since the beginning of 2015.

 

Financial impact will be reflected on earnings of Q4-2015.


In October, Jarir unveiled plans to open as many as eight new stores in 2016. Two stores are set to be launched in Kuwait by the end of next year, while the remaining branches will be located in Saudi Arabia. 

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