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Nesto Group

From Wikipedia, the free encyclopedia
Nesto Group International
Company typeLimited liability company
IndustryRetail
Founded2004; 20 years ago (2004)
FounderK. P. Basheer
Headquarters,
Number of locations
100+ stores
Area served
Key people
  • K. P. Basheer
    (Founder & Group Chairman)
  • Siddique Pallolathil
    (Co-Founder, Managing Director)
  • K. P. Jamal
    (Co-Founder, Managing Director)
Websitewww.nestogroup.com

Nesto Group International is an Emirati multinational retail chain incorporated by Western International Group[1] that operates a chain of hypermarkets and supermarkets (Nesto Hypermarket, Nesto Center) headquartered in Sharjah, UAE.

It was founded in 2004 by K. P. Basheer, Chairman of Western International Group[2] in the United Arab Emirates and is led by Managing Directors Siddique Pallolathil,[3] K. P. Jamal,[4] and Directors K. P. Nawas, K. P. Noufal, K. P. Fayiz, and K. P. Athif.  

The company has 131[5][6] outlets operating hypermarkets, supermarkets and convenience stores across the Middle East and India while employing people of various nationalities.

Nesto pledged to contribute Dh10 million[7] over a period of 5 years to support the campaign and its objective of creating sustainable solutions and implement effective measures to fight hunger around the world.

The largest hypermarket of Nesto Group is situated in Deira, Dubai[8] with a 350,000 sqft area.[9]

Divisions

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Nesto Hypermarkets

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Hypermarkets can go up to 3 levels and provides Electronics, home décor, fashion, baby care, lifestyle, fresh produce, daily essentials and International equipments.

Nesto Supermarkets

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Supermarkets can be up to 2 levels and cater fresh produce, groceries, and other household essentials.

Nesto Center

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A type of convenience store primarily engaged in the retail of food products which may be fresh or packaged.

Nesto Ecommerce (Nesto Online)

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An online platform dealing with groceries, fresh produce, meat products and other household essentials.

Nesto Private Label

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Nesto Group has more than 100+ private label products.[citation needed]

Nesto Distribution Center FZCO

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The warehouse is located in National Industrial Park, Dubai. It has about 500,000 square feet facility to integrate multi-level functions and operations.

The Distribution Center has 35 loading bays, pneumatic dock shelters and distributes to all Nesto outlets across the United Arab Emirates, Oman and Bahrain.

Foodbook Restaurant[10]

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Foodbook is a multi-cuisine restaurant and is located in Al Rashidiya, Ajman Muwaileh, Sharjah.

Sasya Vegetarian Restaurant[11]

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Sasya is a multi-cuisine restaurant and is located in Ajman Sharjah.

VegMe Vegetarian Restaurant[12]

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VegMe is a multi-cuisine restaurant and is located in Ras Al-Khaimah Ajman Sharjah Dubai.

Nesto Central Kitchen

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This facility is located in Ajman and supplies cooked food items across all Nesto outlets in UAE.

Nesto Bakery

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Nesto Bakery is located in Ajman and supplies breads, cakes and other baked food.

Operating countries

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Country No of outlets
United Arab Emirates 43
Saudi Arabia 15
Bahrain 15
Kuwait 10
Oman 16
India 10

References

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  1. ^ Shabbir, Ahsan. "K P Basheer". Forbes Lists. Retrieved 2021-07-13.
  2. ^ "Geepas idea blossomed in Dubai". gulfnews.com. Retrieved 2021-07-13.
  3. ^ "Ajman businessman Siddique Pallolathil receives golden card visa". The National. 10 July 2019. Retrieved 2021-07-01.
  4. ^ "Nesto Group inaugurates its largest hypermarket of the region in Deira". gulfnews.com. Retrieved 2021-07-13.
  5. ^ "നെസ്റ്റോ ഗ്രൂപ്പിന്റെ 94–ാമത്തെ ഹൈപ്പർ മാർക്കറ്റ് അൽ ഫാഹിദി സൂഖിൽ പ്രവർത്തനമാരംഭിച്ചു". ManoramaOnline (in Malayalam). Retrieved 2021-08-03.
  6. ^ "Nesto Group opens 92nd hypermarket in Dubai – Al Nahda". gulfnews.com. Retrieved 2021-07-01.
  7. ^ "Nesto Group supports '1 Billion Meals Endowment' campaign with a Dh10 million contribution". gulfnews.com. Retrieved 2023-07-04.
  8. ^ "Nesto Group inaugurates its largest hypermarket of the region in Deira". www.msn.com. Retrieved 2021-07-13.
  9. ^ "Nesto Group inaugurates its largest hypermarket of the region in Deira". gulfnews.com. Retrieved 2021-07-01.
  10. ^ "Foodbook Restaurant". foodbookrestaurant.com. Retrieved 2021-07-01.
  11. ^ "Sasya Vegetarian Restaurant". Retrieved 2021-09-01.
  12. ^ "VegMe Vegetarian Restaurant". Retrieved 2023-11-01.