GMG commits to greater investment in Saudi Arabia with new Riyadh headquarters

SourceSaudi Gazette
SectorEconomy
CountrySaudi Arabia

RIYADH – Leading family-owned holding company GMG has announced its further expansion and investment in Saudi Arabia with the opening of a new head office in Riyadh, with the group’s Deputy Chairman and CEO Mohammad A. Baker hoping to double its 1,200-strong workforce in the country once normal trading conditions resume after the COVID-19 pandemic.GMG already has a strong presence in Saudi Arabia thanks to its nationwide network of approximately 90 outlets, including those of its Sun and Sand Sports chain, the Middle East’s largest sports retailer and distributor of global brands including Nike, Columbia, and Vans.Baker said the group anticipates further growth from its sports retail operations following the recent opening of a 23,000 square-meter mega-warehouse outside Riyadh, which will complement existing office and warehousing facilities in Jeddah.It is also hoping to introduce food and healthcare brands from its portfolio, he added. Meanwhile, the company is strengthening its online retail services, as well as hosting more in-store innovations, such as contactless mobile checkouts, in response to changing consumer habits post COVID-19.“The ...read more...