Landmark Group to Invest US$100 Million into Middle Eastern Confectionery Concept

Dubai-UAE: 11 September, 2011 – Landmark Group, the region’s leading retail and hospitality conglomerate, continues to diversify its presence in the retailing sector with the launch of Candelite, a first-of-its-kind confectionery and savoury concept in the Middle East.

Poised to expand its presence in the region with an investment of over US$100 million, Candelite aims to open nearly 50 small and large format outlets in the UAE, Kuwait, Oman, Qatar, Bahrain and Saudi Arabia by 2012.

Since the launch of Candelite’s first store in February 2011, the US$3.8 billion Landmark Group has rolled out four large-format stores covering a total retail space of over 12,000 sq. feet.

Candelite is divided into eight distinct sections, offering over 2,000 products of 65 popular brands from over 18 countries. The sections include Kiddy Delites, Funky Treats, No-Guilt Options, Classic Delites, Gourmet Room, Snackin’ Around, Gifts Galore and Chill Out Zone. The ‘Gourmet Room’ houses artisan chocolates, as well as exotic handmade and organic products such as Rococo and Divan, and the UAE’s signature camel milk chocolates.

via Landmark Group to Invest US$100 Million into Confectionery and Savoury Concept – Zawya.

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