Dubai Summer Surprises 2024 to kick off with 12-hour mega sale at these malls

Dubai Summer Surprises 2024 to kick off with 12-hour mega sale at these malls

The mega sale will take place on June 28 from 10am until 10pm, with exclusive discounts of up to 90 per cent across more than 100 brands

bartawi

Spinneys expands regional footprint with new store in Riyadh

The supermarket chain plans to expand its presence in Saudi Arabia, with up to 12 new stores scheduled to open in the kingdom by 2028

Dubai Mall's new paid parking system starts on this date

Dubai Mall’s paid parking system starts on this date

The initiative aimed at enhancing the guest experience, improving parking availability and streamlining the process will apply to Grand Parking, Cinema Parking and Fashion Parking

FMCG brands

From healthcare to food: Which are the most ‘considered’ brands in the UAE?

Almarai and Dettol top YouGov’s 2024 FMCG Rankings in the UAE, leading the food, beverage, and personal care sectors with the highest consumer consideration scores

Mubadala increase investments

Mubadala-backed Zamp to buy Starbucks brand rights, stores in Brazil

Zamp said the deal requires approval from Brazil’s antitrust watchdog CADE and the court overseeing SouthRock’s bankruptcy

dubai mall

Emaar announces massive Dubai Mall expansion plan

The Dubai Mall expansion aligns with Dubai’s broader strategy to enhance its tourism industry

3dss sale to begin on May 31 in Dubai

Dubai’s biggest shopping weekend: 3DSS mega sale begins on May 31

The mega sale will see 2,000 participating outlets and 500 top brands across the city offer discounts up to 90 per cent from May 31 to June 2

Interview with Stuart Henwood, head of New Balance MENA and India

New Balance’s Stuart Henwood showcases the brand’s legacy, collabs and regional growth

The general manager of New Balance MENA and India shares the factors driving the activewear brand’s growth in the Middle East and its growing appeal among regional customers

Dubai mall unveils elite personal shopping suite

Dubai Mall unveils Elite Personal Shopping Suite for customers

Located on the second floor of Dubai Mall’s Fashion Avenue, this addition aims to set a new benchmark for personalised shopping experiences

UAE e-commerce hits Dhs27.5bn in 2023 GettyImages-157027870

UAE e-commerce sector market value reaches Dhs27.5bn in 2023

Anticipated figures indicate that the UAE’s e-commerce market will surpass Dhs48.8bn by 2028

Supermarket chain Spinneys posts Dhs75m in Q1 profit

Supermarket chain Spinneys posts Dhs75m in Q1 profit

The company’s gross profit surged by more than 15 per cent YoY to reach Dhs336m in Q1 2024

e-commerce

Online retail fuels MENA digital payments, Checkout.com says

The shift to digital payments is more pronounced in Saudi Arabia, the UAE and Kuwait – where the preference for cash has dropped significantly

Colm McLoughlin - Dubai Duty Free

Colm McLoughlin to step down as executive vice chairman and CEO of Dubai Duty Free

UAE retail industry legend Colm McLoughlin to step down after 41 years at Dubai Duty Free

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 in Riyadh

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