E-commerce revenues jump 71% in Q2 amid Covid-19 – report

Salesforce Q2 Shopping Index says conversion rate grew by 35 per cent in Q2 from last year

Emirates Skywards introduces over 1,500 additional ways to earn Miles

For every GBP1 spent, members can earn up to 15 Miles; and for every $1 spent, members can earn up to 12 Miles

Yas Malls Aldar Properties

Aldar offers double Etihad guest miles on Visa card spends at Abu Dhabi malls during Eid Al Adha

From July 28 to August 3, members will earn two Etihad Guest Miles for every Dhs3 spent on purchases with their Visa cards over Dhs50

WeMENA expanding into reseller marketplace

Individuals looking for residual income can create a catalogue of products from WeMENA’s online product list

Brands, sustainable supply and distribution vital for consumer goods’ recovery post Covid-19

Companies will have to reassess their working capital management and business models as well as optimise inventories, to cater to emerging consumer demand patterns

Lego opens exclusive e-commerce store in Saudi Arabia

The brand recently opened its first retail store in Red Sea Mall in Jeddah

UAE’s Al-Futtaim Group partners with Tabby to offer flexible shopping options

Al-Futtaim Group will be extending this feature to its retail stores, other brands and business units across the UAE by the end of 2020

New ‘DUBAI ASSURED’ stamp to confirm health protocols at hotels, restaurants and tourist establishments

The stamp is issued free of charge and is valid for 15 days

Amazon’s ‘Everything for you sale’ to begin on July 21

Prime members will get exclusive 12-hour early access to deals from 12pm on July 20

Lego opens first retail store in Saudi Arabia

The store will have interactive stations for children and their families to play and engage

Brooks Brothers

Menswear major and America’s oldest retailer, Brooks Brothers, goes bankrupt

The company listed assets and liabilities of at least $500m each in court papers

Dubai

Dubai Developments Group offers tenants rent relief of upto six months

The package is valued at Dhs200m and expected to benefit over 1,500 businesses

Dreamscape, Magic Planet, Little Explorers and iFly Dubai reopen in Dubai from July 4

It follows earlier reopenings of MAF’s entertainment experiences across the UAE, Saudi Arabia, Egypt and Lebanon

Festival Souk

UAE’s Al-Futtaim announces discounts at new Festival Souk

The Festival Souk will be operating at both Dubai Festival City Mall and Dubai Festival Plaza

Saudi clothing retailer Alhokair cuts staff pay

The retailer reported a full-year loss of $182m after a profit year ago

Dubai Summer Surprises festival

Dubai Summer Surprises dates announced

The full calendar of events will be announced ahead of the festival, the Dubai Festivals and Retail Establishment confirmed on Monday

Luxury retailer in Kuwait hires Citigroup to advise on options

The company was valued at about $500m in a 2019 funding round

Majid Al Futtaim reopens more cinemas, entertainment destinations across UAE

VOX Cinemas at Al Hamra Mall, Ras Al Khaimah will reopen on June 23, while VOX Cinemas and Magic Planet at City Centre Sharjah will resume on June 24

Covid-19 impact: How should retail respond to the fourth industrial revolution?

As a new wave of technology signals further changes to our lives and the regional ecosystem, how should sectors such as retail adapt?

Amazon Saudi Arabia

Amazon Saudi Arabia officially launched to replace Souq.com

The Amazon Prime service is not yet available in the kingdom

L’Oréal Middle East launches programme to support UAE’s Covid-19 relief efforts

More than 84,000 essential and personal care products worth Dhs4m have been donated to NGOs and hospitals

careem now

Careem launches ‘super app’ to offer ride-hailing, delivery and payments on one platform

The roll-out of the super app started in March 2020 and is expected to complete by the end of June 2020

UAE online fashion platform Nisnass closing down, confirms Al Tayer Group

The estimated final trading date will be July 16

How should regional and global retailers weather the Covid-19 crisis?

Retailers regionally and globally have been badly affected by the Covid-19 pandemic. What are the steps they should take to stay protected?

Etihad

Abu Dhabi’s Etihad Airways, Aldar Properties sign retail agreement

To earn and spend miles, shoppers must connect their Visa card to their Etihad Guest mobile app

Dubai’s City Centre Deira to open renovated East Court amid Dhs377m redevelopment project

The redevelopment project is in response to a shift in consumer preferences for personalisation and engaging experiences

Meraas to become part of conglomerate Dubai Holding

The combined conglomerate will operate across real estate, tourism, hospitality, leisure and entertainment and investments

Emirates Online Store

Skyward miles can now be used to purchase Emirates-branded merchandise from Dubai

Members can also earn Skywards Miles while shopping, with 1 Mile earned for every $1 spent

Dubai Duty Free partially reopens airport retail area as airlines resume services

The airport retailers plans to reopen operations in Terminal 2 later this week

Consumer experiences remain pivotal for post-pandemic retail

With the future of retail touted as an omnichannel experience, Gulf retailers in the post-pandemic world must strive to engage customers on all levels