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Spinneys signs joint venture with Aster Pharmacy to offer health products

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Locally owned supermarket Spinneys and leading pharmacy retailer Aster Pharmacy have teamed up to deliver the first holistic wellness concept for Spinneys stores in the UAE.

The joint venture, which will launch in the fourth quarter of 2022, is a direct response to consumers’ growing demand for more accessible, higher-quality products that improve their health and well-being.

The concept will offer an exclusive range of high-quality vitamins, minerals, health supplements, specialty foods and natural beauty products. An extension of Spinneys’ “Eat Well, Live Well” philosophy, ethical sourcing will guide all sales, bringing customers natural products and ingredients that are good for them and the planet.

community wellbeing

Sunil Kumar, CEO of Spinneys UAE, explained: “As a true local supermarket, the community is at our heart and our mission is to nourish and inspire our customers to live better, day in and day out. Our new holistic wellness Products are a direct response to our customers’ desire to live healthier lives. We are committed to understanding what our customers want, their shopping behaviors, and what we have to do to help them live better lives.”

Alisha Moopen, Deputy Managing Director of Aster DM Healthcare, said: “Aster Pharmacy’s philosophy is ‘health is happiness’, which is reflected in its efforts to make health and wellness products easily accessible to the people of the UAE on their doorstep. We are excited about this new chapter for Spinneys as Together we can provide UAE customers a convenient and convenient way to purchase the best health and wellness products. With our decades of experience, we are confident in delivering an exceptional customer experience and look forward to welcoming visitors later this year .”

While the rise of health and wellness was an upward trend prior to the Covid-19 outbreak, the global pandemic has helped accelerate consumer demand for healthier products. The global health and wellness market is expected to reach $7 trillion by 2025 (Global Health Institute). Before Covid, the sector was worth $4.9 trillion.

Kumar added: “This joint venture (JV) reaffirms our commitment to the people of the UAE to bring meaningful change to the communities in which we operate. As conscious consumers increasingly demand supermarkets under one roof Offering a wider range of health and wellness products, our mission is to innovate and expand our retail offerings to make healthy living more accessible and convenient.”

The first Spinneys store to introduce the concept will be announced soon, followed by a nationwide rollout across the UAE. — arab trade news agency

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