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Toufiq Kreidieh

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Toufic Kreidieh[1][2] is a businessman who is the founding partner and CEO of the Brands for Less (BFL) Group, an international discount retailer founded in 1996.[3][4][5][6] Toufic Kreidieh founded BFL in 1996, with their first store in Lebanon.[7][8][9] BFL established its first store and corporate headquarters in the United Arab Emirates in 2000. [10] and its first Tchibo store store was launched in 2006.[11][12][13][14]

Biography[edit]

Toufic is a survivor of the Civil War in Lebanon. He completed a degree in Bachelor of Science (B.Sc) in Business Management at the American University in Beirut, Lebanon.[15][16][17]

Toufic Kreidieh founded the BFL group in 1996 along with his partner Yasser Beydoun. [18][19] [10][11] He was instrumental in expanding the BFL Group's portfolio beyond the original Brands for Less , by the acquisition and development of additional businesses such as Toys For Less, Homes For Less, Tchibo, and MUMUSO.[20][21][22][23][8][9][24][25]

BFL Group[edit]

The BFL Group was founded by Toufic Kreidieh and Yasser Beydoun in 1996.[18][19] It is headquartered in Dubai.[10][11][7] as well as in neighboring countries such as Oman.[8][9]

BFL, which stands for "Brands for Less,"[24] has more than 74 stores spread over 6 countries in the Middle East and Europe (including Spain and Malta[22]).[23] It has expanded with brands such as Homes For Less, Toys For Less, Mumuso, and Tchibo.[26][25]

References[edit]

  1. https://www.forbesmiddleeast.com/leadership/special-interview-1/toufic-kreidieh-ceo-of-brands-for-less-building-a-budget-empire
  2. https://gulfbusiness.com/brands-for-less-toufic-kreidieh-on-the-companys-recent-expansion/
  3. Kreidieh, Toufic. "Toufic Kreidieh". Entrepreneur.
  4. Kreidieh, Toufic. "Lessons Learned Growing The Brands For Less Group On Its 20th Anniversary In The UAE". Entrepreneur.
  5. "Money & Me: 'Everybody loves to hunt for a bargain'". The National. June 3, 2021.
  6. "DUBAI EXPATS STORIES. 'No shortcut to success' – Toufic Kreidieh, Brands for Less CEO and co-founder says".
  7. 7.0 7.1 "BFL Group launches a new store in Abu Dhabi | Corporate-news". Gulf News. Retrieved 2021-12-20.
  8. 8.0 8.1 8.2 Cherry Mayangao. "BFL Group opens new store in Oman". mid-east.info. Retrieved 2021-12-20.
  9. 9.0 9.1 9.2 "BFL Group continues to pursue ambitious 2021 expansion plan introducing Brands For Less store in". aalmeen.com. 19 April 2021. Retrieved 2021-12-20.
  10. 10.0 10.1 10.2 "Dubai Expats Stories. 'No shortcut to success' – Toufic Kreidieh, Brands for Less CEO and co-founder says". Dubai Vibes Magazine. Retrieved 2021-12-20.
  11. 11.0 11.1 11.2 "Money & Me: 'Everybody loves to hunt for a bargain'". thenationalnews.com. 3 June 2021. Retrieved 2021-12-20.
  12. "BFL Group launches "Be the Helping Hand" Ramadan campaign to support Dar Al Ber Society's mission". April 20, 2021.
  13. Editor, J. "Brands For Less Store In The Newly Opened Circle Mall".
  14. https://www.arabianbusiness.com/industries/retail/451306-brands-for-less-reveals-12m-investment-in-ecommerce-activities
  15. https://www.jpost.com/special-content/bfl-group-of-companies-teaching-how-to-stay-determined-regardless-of-the-situation-694504/
  16. https://www.terrapinn.com/exhibition/seamless-middle-east/speaker-toufic-KREIDIEH.stm
  17. https://www.greenentrepreneur.com/author/toufic-kreidieh
  18. 18.0 18.1 "How did Brands For Less open 11 new stores during the pandemic? -". imagesretailme.com. Retrieved 2021-12-20.
  19. 19.0 19.1 "CEO TALK with CNBC Arabia". YouTube. Retrieved 2021-12-20.
  20. "Reaping the Rewards of Retail: Q&A with Entrepreneur and Alumnus Toufic Kreidieh | LAU News". news.lau.edu.lb. Retrieved 2021-12-20.
  21. "BFL Group - - Mina Jebel Ali Technology Park - Dubai". citysearch.ae. Retrieved 2021-12-20.
  22. 22.0 22.1 "BFL Group brings Spanish homeware brand Muy Mucho to Malta | Zawya Mena Edition". zawya.com. Retrieved 2021-12-20.
  23. 23.0 23.1 "BFL Group: On the Path to Unprecedented Global Success". Mondadori. 30 April 2021. Retrieved 2021-12-20.
  24. 24.0 24.1 "Brands For Less Store In The Newly Opened Circle Mall". dubaichronicle.com. Retrieved 2021-12-20.
  25. 25.0 25.1 "BFL Group unveils Luxury For Less concept store in Dubai". menews247.com. 12 December 2021. Retrieved 2021-12-20.
  26. "BFL Group unveils Luxury For Less concept store in Dubai | Zawya Mena Edition". zawya.com. Retrieved 2021-12-20.


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