Spinneys signs joint venture with Aster Pharmacy to offer wellness products


Local supermarket Spinneys and leading drugstore retailer Aster Pharmacy have joined forces to bring the first holistic wellness concept to Spinneys stores across the UAE.

Scheduled to launch in the fourth quarter of 2022, the joint venture is a direct response to growing consumer demand for more accessible quality products that improve their health and well-being.

The concept will feature an exclusive line of high quality vitamins, minerals, dietary supplements, specialty foods and natural beauty products. As an extension of Spinneys “Eat Well, Live Well” philosophy, ethical sourcing will guide all merchandising, bringing customers naturally sourced products and ingredients that are both good for them and good for the planet.

Community well-being

Sunil Kumar, CEO of Spinneys, UAE, explains, “As a truly local supermarket, the community is our heart and our mission is to nurture and inspire customers to live a better life, day after day. Our new holistic wellness offering is a direct response to our customers’ desire to live healthier lives. We are committed to understanding our customers’ needs, their buying behaviors and what we need to do to help them live better lives.

Alisha Moopen, Deputy Managing Director of Aster DM Healthcare, said, “Aster Pharmacy is driven by the ‘Health is Happiness’ philosophy, which is reflected in its efforts to make its health and wellness offerings easily accessible. at the gates of the UAE. We are excited about this new chapter with Spinneys, as together we can offer customers in the United Arab Emirates a convenient and accessible way to shop for the best health and wellness products. With decades of experience between us, we are confident in delivering an exceptional guest experience and look forward to welcoming visitors later this year.

While the health and wellness boom was a rising trend before the Covid-19 outbreak, the global pandemic has helped accelerate consumer demand for healthier products. By 2025, the global health and wellness market is expected to reach $7 trillion (Global Wellness Institute). Before Covid, the segment was valued at $4.9 trillion.

Kumar added, “This joint venture (JV) reaffirms our commitment to the people of the UAE to make a meaningful difference in the communities where we operate. With the growing demand from conscious consumers for supermarkets to offer a greater variety of health and wellness products under one roof, we are on a mission to innovate and expand our retail offering to make the healthy living more accessible and convenient.

The first Spinneys store to introduce the concept will soon be announced with a nationwide rollout to follow across the UAE.– TradeArabia Press Service


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