VF Corporation's Martino Scabbia Guerrini and GMG CEO Mohammad A. Baker sign partnership agreement

Retail giants GMG, VF Corp boost alliance, explore expansion

Currently operating 90 VF’s mono-brand stores in MENA and SEA, GMG aims to roll out over 300 stores during the next five years

Consumer spending rises in 2023 shows Majid al Futtaim State of the UAE retail economy report

UAE consumer spending rises 13% in 2023, reveals retail report

The report showed that e-commerce spending continued growing in 2023, with a 15 per cent growth rate since 2022

online sale

Dubai’s ‘Great Online Sale’: Up to 95% off on major brands

From electronics to fashion, health and beauty to home and toys, discounts are being offered by some of the city’s favourite brands

Lulu Hypermarket

LuLu Group’s potential Abu Dhabi IPO could top $2bn

LuLu’s potential IPO is poised to be among the most notable listings in the Gulf region this year

Amazon boxes

Ramadan with Amazon: A behind-the-scenes look

The heightened demand comes alongside expectations of speed, convenience, and reliability

Majid Al FUttaim Lifestyle CEO shares how lululemon has made its mark in the Middle East image Supplied

Backstory to lululemon’s athleisure success in the Middle East

Athleisure brand lululemon has experienced impressive double-digit growth in the Middle East and its robust performance in the region is attributed to its successful partnership with Majid Al Futtaim Lifestyle, shares Fahed Ghanim

Emirates Skywards, Visa cement exclusive, multi-year partnership

Emirates Skywards, Visa cement exclusive, multi-year partnership

The new partnership will enhance card benefits and Miles earning opportunities, taking the Emirates Skywards and Visa co-brand card experience a notch higher

Saudi retail growth

Saudi Arabia’s meteoric rise to third place in Global Retail Development Index

Increase in non-cash transactions and strategic initiatives propelled the kingdom’s retail growth

EMAAR FY2023 results -photo-courtesy_emaar

Emaar FY2023 profit rises 70%, property sales reach $11bn

The Dubai-based developer reported a 7 per cent increase in revenues to Dhs26.7bn ($7.3bn)

top 5 digital consumer trends GettyImages-1300788719-e1650537163767

Five ways ‘digital’ consumers are reshaping retail in 2024

Against a backdrop of mounting macroeconomic uncertainty and increasing digitalisation, consumers are seeking out online platforms dedicated to securing the best deals

Amazon Rufus

Amazon launches AI chatbot Rufus: 5 ways to use it to shop better

The chatbot was launched in beta version to a small subset of customers in Amazon’s mobile app in the US and will be rolled out across the country in the coming weeks

CENTREPOINT-LANDMARK GROUP - PATH TO NET ZERO

‘Survival of the most sustainable one’: The new mantra for a net zero future says Landmark Group CFO

Rajesh Garg, group chief financial officer and chief sustainability officer at Landmark Group speaks to Gulf Business about the green ethos driving the change in the retail giant’s operations and outlook.

CUSTOMER ENGAGEMENT

Insights: 6 ways to transform customer engagement in 2024

We look at the top trends that will redefine and reshape customer engagement for MEA consumer brands in 2024

Dubai Duty Free sales exceeds Dhs7.8bn in 2023

Dubai Duty Free sales in numbers: Dhs7.8bn revenue, 20 million transactions

The retailer said the top five selling categories for the year were perfumes followed by liquor, gold, cigarettes and tobacco, and electronics

Personalisation is key to attracting and retaining customers Image Dubai Media Office

Insights: Why retailers are focusing on personalisation to please customers

Consumers are demanding experiences tailored to their preferences, behaviour and stage in the buyer journey

DSF begins on December 8 in Dubai Image DFRE

Dubai Shopping Festival begins: Deals, discounts, fireworks, prizes on offer

Starting on December 8, the Dubai Shopping Festival will run until January 14

gmg CEO Mohammed A Baker

Cover story: GMG’s Mohammed A Baker has a bold vision for his company

The CEO of GMG shares the retail giant’s global expansion strategy, and how its growth is driven by innovation and powered by excellence

Cybercriminals are using AI to scam shoppers during Black Friday Cyber Monday sales Getty Images

Black Friday: How cyber crooks are using AI to scam consumers

Here are simple tips to help you shop safely during the shopping season

DTEK - SWIFT

Expand North Star 2023: Dtek unveils SWIFT for retail industry

The checkout system has been designed based on feedback from retailers, and addresses common pain points such as crowded checkouts and stock mismanagement

LuLu Group Dubai Mall

Lulu opens 72,000 square feet hypermarket in Dubai Mall

It is the largest in-mall hypermarket operated by Lulu Group

Dubai Shopping Festival

Dubai Shopping Festival 2023-2024 dates announced: Sales, fireworks and more

The festival will be held from December 8 to January 14 across the emirate

Mohammed A Baker, deputy chairman CEO of GMG Image Supplied

Global wellbeing conglomerate, GMG, is focused on supporting UAE’s food security strategy

GMG is helping advance national efforts to develop sustainable food production systems through modern technologies while enhancing local production

Vision Industry Store in MOE Dubai Image Supplied

Interview: Vision Industry’s Gian Paolo Biasotto is focused on innovation

The co-founder of Vision Industry and MD of Opitalia Group, tells us about launching the very first Nikon lenswear Shop-in-Shop in the Middle East at MOE and emerging eyewear trends

Lulu Hypermarket

LuLu Group expands footprint, to open Hyderabad’s largest mall on Sept 27

The mall will host a mega Lulu Hypermarket, more than 75 plus local and international brands and other retail outlets

Psycho Bunny store opens in Dubai Image courtesy Majid Al Futtaim

Premium menswear brand Psycho Bunny debuts in Middle East with Dubai store

The Mall of the Emirates store marks the brand’s official debut in the region, with its sights set on continued worldwide expansion

Dubai Summer Surprises

Dubai Summer Surprises final sale: Get 90% off deals on the last day

Shoppers have one last day to enter into a multitude of contests to win cash prizes, luxury cars, or even Share points

DAMAC MALL opens in Dubai Image Damac

Dubai: DAMAC Mall officially opens, here’s what it features

The mall is expecting an annual footfall of around 1.3 million visitors

zepto india's unicorn for 2023

Zepto is first Indian unicorn for 2023, valued at $1.4bn

The platform which promises to deliver groceries in under 10-minutes was founded in 2021 by two 19-year-olds

Reliance Retail gets QIA backing

Qatar to invest $1bn in Mukesh Ambani’s Reliance Retail

Reliance Retail is India’s largest retail house with 26 brands that range from grocery, consumer electronics, fashion to pharma

Majid Al Futtaim H1 2023 results Image MoE _ courtesy Majid Al Futtaim

Majid Al Futtaim announces H1’23 results, reports 74% YoY rise in net profit

Majid Al Futtaim reported a 5 per cent increase in consolidated revenue to Dhs18.9bn, and EBITDA growth of 13 per cent year-on-year to Dhs2.1bn