Dubai PR Network, Online Press Release from Dubai and Middle East
 
Real Estate and Construction
Filter PR by
  
Facing the Repercussions of the Pandemic. Union Coop Has Allocated Nearly One Billion Dirhams Through Contracts and Concessions

Union Coop set a model for successful handling of the Corona pandemic

By: Khalid Humaid Bin Diban Al Falasi


The Corona pandemic imposed new laws and very rapid changes on the world, which greatly affected all sectors and the society without exception, as well as changed the culture and various behavioral patterns (economic, social, cultural, political ... etc.) of society’s members, which led to more challenges that faced the countries, companies and organizations forced them to modify their survival plans, and since the first day of the pandemic, Union Coop’s responsibility has not only been its survival, but harnessing all its capabilities to safeguard the society and the economy, which is a greater responsibility than protecting its position.


Since the beginning of the pandemic, Union Coop has made every effort to harmonize its strategic plans with the data and variables in the local and global market. It has also effectively contributed with the concerned authorities in the country to effectively curb the spread of Coronavirus, in addition to providing material support, as Union Coop has signed contracts of more than AED 400 Million and allocated an amount of AED 40 Million to support prices, as it bought products at a higher price and sold them at a pre-pandemic price to stabilize prices during the pandemic. It also allocated AED 12 Million towards promotions and deals on basic products in all its branches and commercial centers to facilitate the availability to the consumer and their display by the supplier. Union Coop also extended its support to the investors, amounting AED 28 Million.


As for the moral support, Union Coop divided the working teams into 3 groups that worked round the clock to ensure and preserve the safety of employees and consumers, in line with the preventive and precautionary measures, in addition to the periodic sterilization of offices and staff accommodation units and providing masks and gloves to employees periodically and for free, as well as launching a campaign (Let’s Beat Coronavirus) and many awareness campaigns in partnership with government agencies in the country and run a campaign to sterilize products in all branches, warehouses, shopping carts, offices, staff housing, supply and delivery vehicles, and provide gloves for free to shoppers and many other activities.


As part of its strategy to stabilize the prices during COVID 19 pandemic, Union Coop have implemented, 101 price-reduction campaigns until the end of 2020, with up to 90% price discounts, and about AED 150 Million were allocated to reduce the prices of more than 25, 000 food and basic consumer goods and more during the month of Ramadan, for 5 repeated campaigns, as part of Union Coop’s interest to launch social and economic initiatives aimed to delight and relieve members of society through the implementation of attractive and high-value shopping programs that benefit shoppers. All the activities were part of Union Coop’s belief that the economy and society are one entity, there is no difference between social and economic work, economically distinct entities are socially distinct entities and vice versa.


During the pandemic, Union Coop maintained its strategic stocks, which amount to nearly AED 1 Billion, sufficient to feed the Dubai market for a period of up to 4 months, during which neighboring markets are also fed through the Dubai market. Union Coop also owns one of the largest food and non-food warehouses in the Middle East, with the total area of warehouses and its stores being 424,442 square feet, equipped with the best modern technologies that qualify them to deal with the large stock of goods, and currently, Union Coop continues to work in light of this pandemic to provide products and commodities to all segments of society in addition to its work to provide sustainable food stocks that contribute in maintaining the stability of markets and prices.

 

In the end, we at Union Coop believe that crises create opportunities, as expansion projects have continued double the current spaces and spread despite the pandemic, and we have worked extensively on enhancing our services, our online store, and our support for the e-commerce sector, as proper planning and dealing with variables smoothly and easily contribute to dealing with difficulties and easily overcome them.  


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 19516 times
PR Category : Real Estate and Construction
Posted on : Sunday, February 7, 2021  9:33:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Al Adil Trading Opens 45th Branch at Jumeirah Lake Towers
Next Story : DoubleTree by Hilton Resort & Spa Marjan Island in Ras Al Kh...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
The Grain de Café collection [45875-Views]
Introducing SHEGLAM HydroSlime Primer, Skincare Meets Playful Prep [45383-Views]
Panasonic Expands Premium Beauty Range With Brand-New nanoe™ Hair Dryers [43780-Views]
Ground Handling Priorities: Safety, Baggage, Global Standards and Sustainability [43747-Views]
Blue Hues, Matching Sets, and Vibrant Accessories: Pull&Bear Drops New Pieces ahead of the... [17376-Views]
Arabian Center to undergo comprehensive refurbishment, charting a new course as a premier... [15933-Views]
Hourglass Introduces Veil Hydrating Skin Tint for the ultimate Dewy Glow [14940-Views]
Cyber Square Hosts Region's Premier Student Tech Expo at University of Dubai [13628-Views]
You don't have to be on the Beach to Burn [12780-Views]
Turn your daytrip into a wild gateway at Emirates Park Zoo and Resort [12259-Views]
KEZAD Group brings infrastructure muscle to Make it in the Emirates 2025 [10172-Views]
ADNIC delivers robust performance in Q1'25 with net profit before tax of AED 133.3 million [9889-Views]
Crown Prince of Abu Dhabi and President of Kazakhstan Witness Masdar Agreement to Develop ... [9774-Views]
Make it in the Emirates to promote UAE Culture and Heritage through first-ever Handicrafts... [9561-Views]
UAE-Jordan Comprehensive Economic Partnership Agreement To Come Into Force [9471-Views]
TAQA Group Reports Revenue of AED 14.2 Billion for Q1 2025 [9303-Views]
Emirates Global Aluminium named Sector Partner for Advanced Infrastructure at Make it in t... [9008-Views]
Get Ready to Glow: Catrice Drops the Hottest Spring/Summer 2025 Collection for a Fresh, Bo... [8983-Views]
Chery UAE & AW Rostamani Receive 4 Prestigious Awards from Chery International, Named Best... [8339-Views]
Dine, Scan & Win a Dream Maldives Escape with Mercato and Town Centre Jumeirah! [8241-Views]
CABSAT, Integrate Middle East & SATExpo 2025 Draw 32,000+ Attendees, Cementing Dubai's Sta... [7503-Views]
Peserico Opens Flagship Boutique in Dubai Mall [6872-Views]
Al Masaood Group Takes Part in Make It In The Emirates Forum 2025 [6867-Views]
Statement by H.E. Ali Salem Al Kaabi, Chairman of the Board of Trustees of the Family Dev... [6261-Views]
Ferrari 296 speciale debuts in the middle east: driving thrills redefined [6252-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories