{"id":572865,"date":"2020-07-12T03:55:51","date_gmt":"2020-07-12T03:55:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/"},"modified":"2020-07-12T03:55:51","modified_gmt":"2020-07-12T03:55:51","slug":"spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/","title":{"rendered":"Spinneys amends Egypt expansion plans, will still inaugurate three branches"},"content":{"rendered":"<p>Spinneys is planning to open three new branches during the current fiscal year at a combined cost of EGP 150 mn, CEO Mohanad Adly said, according to <a href=\"https:\/\/bit.ly\/2O8eIEw\">Al Mal<\/a>. He did not specify where the shops might open. The company had said in January it plans to set up six new branches before 2020 is out. The covid-19 outbreak has prompted some delays in the company\u2019s investment plans but the company is still committed to Egypt in the longer term, Adly said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spinneys is planning to open three new branches during the current fiscal year at a combined cost of EGP 150 mn, CEO Mohanad Adly said, according to Al Mal. He did not specify where the shops might open. The company had said in January it plans to set up six new branches before 2020 is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[107,72,2390,338,5498],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-572865","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-covid-19","tag-enterpriseam","tag-other-business-news-of-note","tag-retail","tag-spinneys","wpautop","entry"],"acf":{"mongo_id":"c546bc38-3ba9-48fd-b29d-2afcc00ef685","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[572837],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Spinneys amends Egypt expansion plans, will still inaugurate three branches - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spinneys amends Egypt expansion plans, will still inaugurate three branches\" \/>\n<meta property=\"og:description\" content=\"Spinneys is planning to open three new branches during the current fiscal year at a combined cost of EGP 150 mn, CEO Mohanad Adly said, according to Al Mal. He did not specify where the shops might open. The company had said in January it plans to set up six new branches before 2020 is [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-12T03:55:51+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Spinneys amends Egypt expansion plans, will still inaugurate three branches\",\"datePublished\":\"2020-07-12T03:55:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/\"},\"wordCount\":91,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"covid-19\",\"EnterpriseAM\",\"Other Business News of Note\",\"retail\",\"Spinney\u2019s\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/\",\"name\":\"Spinneys amends Egypt expansion plans, will still inaugurate three branches - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-07-12T03:55:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Spinneys amends Egypt expansion plans, will still inaugurate three branches\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Spinneys amends Egypt expansion plans, will still inaugurate three branches - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/","og_locale":"en_US","og_type":"article","og_title":"Spinneys amends Egypt expansion plans, will still inaugurate three branches","og_description":"Spinneys is planning to open three new branches during the current fiscal year at a combined cost of EGP 150 mn, CEO Mohanad Adly said, according to Al Mal. He did not specify where the shops might open. The company had said in January it plans to set up six new branches before 2020 is [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-07-12T03:55:51+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Spinneys amends Egypt expansion plans, will still inaugurate three branches","datePublished":"2020-07-12T03:55:51+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/"},"wordCount":91,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["covid-19","EnterpriseAM","Other Business News of Note","retail","Spinney\u2019s"],"articleSection":["Other Business News of Note"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/","name":"Spinneys amends Egypt expansion plans, will still inaugurate three branches - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-07-12T03:55:51+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/spinneys-amends-egypt-expansion-plans-will-still-inaugurate-three-branches\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Spinneys amends Egypt expansion plans, will still inaugurate three branches"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":584393,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/30\/spinneys-to-open-12-new-branches-by-mid-2024\/","url_meta":{"origin":572865,"position":0},"title":"Spinneys to open 12 new branches by mid-2024","author":"enterpriseam admin","date":"30 March 2023","format":false,"excerpt":"The supermarket chain will spend EGP 450 mn on the expansion","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/581.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608416,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/19\/spinneys-egypt-opens-egp-50-mn-supermarket-in-obour\/","url_meta":{"origin":572865,"position":1},"title":"Spinneys Egypt opens EGP 50 mn supermarket in Obour","author":"enterpriseam admin","date":"19 October 2023","format":false,"excerpt":"The retailer plans to enter two more governorates with seven new branches by June 2024","rel":"","context":"In &quot;RETAIL&quot;","block_context":{"text":"RETAIL","link":"https:\/\/enterpriseam.com\/egypt\/category\/retail\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/939.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":649075,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/spinneys-to-invest-egp-400-mn-open-eight-new-branches-this-year\/","url_meta":{"origin":572865,"position":2},"title":"Spinneys to invest EGP 400 mn, open eight new branches this year","author":"enterpriseam admin","date":"20 April 2017","format":false,"excerpt":"Hypermarket chain Spinneys Egypt is planning to invest EGP 400 mn to open eight new retail locations this year, including one store in Sheikh Zayed that is set to open by the end of this week, Al Borsa reports. The company is also looking to open a total of 40\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624319,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/05\/five-pe-firms-are-kicking-the-tires-of-spinneys-the-abraaj-owned-retailer\/","url_meta":{"origin":572865,"position":3},"title":"Five PE firms are kicking the tires of Spinney\u2019s, the Abraaj-owned retailer","author":"enterpriseam admin","date":"5 September 2018","format":false,"excerpt":"** #7 M&A WATCH- Five PE firms are kicking the tires of Spinney\u2019s, the Abraaj-owned retailer: Abraaj Group-owned Spinney\u2019s Egypt is reviewing offers from five unnamed private equity funds hoping to acquire stake in the company from Egyptian shareholders looking to exit their investments, CEO Mohanad Adly tells Al Mal.\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641553,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/26\/spinneys-to-invest-egp-250-mn-in-doubling-number-of-branches-to-24-by-2019\/","url_meta":{"origin":572865,"position":4},"title":"Spinneys to invest EGP 250 mn in doubling number of branches to 24 by 2019","author":"enterpriseam admin","date":"26 September 2017","format":false,"excerpt":"INVESTMENT WATCH- Supermarket operator Spinneys is planning to invest more than EGP 250 mn to double its number of branches in the country to 24 by 2019, the company\u2019s Egypt CEO Mohanad Adly tells Al Mal. Two new branches in Maadi and Al Shorouk City are already under construction, with\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567076,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/spinneys-egypt-to-open-new-branch-in-nasr-city-in-april\/","url_meta":{"origin":572865,"position":5},"title":"Spinneys Egypt to open new branch in Nasr City in April","author":"enterpriseam admin","date":"12 January 2020","format":false,"excerpt":"Spinneys will open a new branch in Nasr City\u2019s Mercato Mall in April at an investment cost of EGP 40 mn, according to a local press report. The opening is part of a plan to inaugurate six new branches this year, bringing the total number of the supermarket chain\u2019s branches\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/572865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=572865"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/572865\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/572837"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=572865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=572865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=572865"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=572865"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=572865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}