Spinneys Enters Kuwait Through a JV with Alshaya Group

Representing a natural evolution of its regional expansion strategy, Spinneys, the leading premium fresh food retailer, has announced its entry into Kuwait, it’s fourth GCC market, through a strategic joint venture (JV) with Alshaya Group, one of the world’s leading brand franchise operators.

As part of the JV, Spinneys will hold a 51% majority stake and will lead the operation and management of all stores under the partnership. As part of the initial rollout, ten stores are planned in Kuwait with the first location expected to open in 2026.

Spinneys’ successful regional expansion strategy reinforces its commitment to long-term growth across the GCC. Between April 2024 and August 2025, Spinneys opened twelve new stores in the UAE and two in Saudi Arabia, significantly increasing its gross selling area.

The JV Kuwait represents the next step in Spinneys’ growth pipeline and reflects its ability to continue to deliver on its strategic objectives.

Spinneys’ entry into the Kuwait market aligns with its strategic ambition to become the leading premium fresh food grocery brand of choice in the region. As the fourth-largest economy in the GCC, Kuwait offers a compelling retail opportunity, supported by some of the highest levels of disposable income per capita in the region and an affluent consumer base, Spinneys is well positioned to meet this demand through its differentiated premium offering.

High Potential Market

Spinneys CEO Sunil Kumar said that they making debut om Kuwait is a significant milestone in their strategy to bring Spinneys’ premium fresh food offering to more customers. Kuwait is a high potential market and presents strong growth opportunities for them, he said.

“While the UAE remains the core of our operations, we are committed to expanding our regional footprint in a way that stays true to our brand values and proposition. The first store under the JV will pave the way for a long and successful presence in the Kuwaiti market,” he added.

Alshaya Group CEO John Hadden said that they were excited to be partnering with Spinneys on this exciting new chapter, bringing a much loved and recognised brand to their customers.

“Kuwait is a dynamic market with a strong appetite for premium offerings, and we believe Spinneys’ proven brand and operational excellence will resonate strongly with local consumers. This joint venture brings together both companies deep local expertise across the GCC and a shared commitment to delivering high quality and fresh offering to the discerning customer in Kuwait,” he added.