Home News Business LG to open 20 new stores in East Africa expansion plan

LG to open 20 new stores in East Africa expansion plan

130
0
[L-R, Sa Nyoung Kim - LG East Africa MD, Kwan Yul Lee LG Electronics Middle East and Africa Regional MD. Photo/Ahmed Omar].

LG Electronics is expanding its market footprint in East Africa by opening new shops in four countries in response to growing demand for home appliances, entertainment and air conditioning solutions.

LG Electronics East Africa says it will refurbish 20 shops and launch additional ones, in Tanzania, Ethiopia, Sudan and Kenya, targeting an increasingly tech-savvy, environmentally-conscious consumer seeking premium products to match their lifestyle.

The company is also keen on the growing market for wearables, driven by lifestyle changes due to the Covid-19 pandemic.

According to LG Electronics East Africa Managing Director, Sa Nyoung Kim, the planned shops across the region will be high footfall, high-sales stores designed to enhance customer experience for the new technologies and products the company has to offer.

These include OLED TV, InstaView refrigerator, TWINWash washing machine, Neochef microwave and Vivace AI-powered washing machines.

“Over the last few years, we have been expanding our physical presence in the East Africa region. We plan to take this further by growing our premium category and providing the kind of experience our customers desire,” said Kim.

He adds that consumer trends point to steady growth in the business-to-consumer and business-to-business segments, with notable increase in purchase of premium products like refrigerators, TVs and washing machines incorporating the latest energy-saving technologies.

Recently, LG launched a second store in Dar es Salaam, Tanzania. The consumer electronics giant is currently rolling out a number of premium products in East Africa with the latest core technology featuring intelligent applications.

These help households conserve energy, water and are environmentally-friendly and easily usable even by physically impaired persons, thus promoting diversity and inclusion, key Sustainable Development Goals.

“It has become evident during the pandemic that technology is even more important in people’s lives, coupled with innovations that support efficiency and healthy living,” explained Kim.

Sales of wearables have climbed as consumers engage in indoor activities like exercise to remain healthy while working at home. The LG PuriCare wearable air purifier signals the latest push by the company into the portable protection category.