The reduction is concentrated in the firm’s corporate ranks, mostly Amazon’s retail division and human resources functions like recruiting
Home Retailers are always on the look out to evaluate opportunities to expand their footprint and increase their assortment to ensure that they become a one-stop solution for all home retail needs
Tabby will enable users to buy as many times as they want from ToYou, with a single bill at the end of the month without interest or fees
December sales were boosted by DDF’s 39th anniversary celebrations when the operation offered a 25 per cent discount from December 18- 20
The report expects inflationary pressure to ease in 2023, with the average inflation rate of developed economies falling from 7.1 per cent year-on-year in Q4 2022 to 3.1 per cent year-on-year in Q4 2023
Géant has expanded into the Northern Emirates with the opening of its new store concept in Ajman
Seven ‘Gameboxes’ will be introduced in two Magic Planet locations in Dubai and Sharjah in January
The new supply agreement will come into effect from January 1, 2023 and enable Shaker to offer LG’s full product range
The group has already opened 14 stores in the last 12 months across Malaysia, Indonesia, UAE, Bahrain and Oman
Teknodome, Elista’s parent company has been into business past 15 years in the region
GMG will support up to 1,100 farms contracted with Silal to bring fresh local produce to consumers directly sourced from local farms
Dubai Shopping Festival is back this year from December 15 with 46 days of entertainment, fashion exclusives, shopping deals, raffles, hotel and dining offers
ADIA is in advanced talks with Lenskart to invest $350m to $400m at a valuation of $4.5bn
The Cryptokicks iRL features auto-lacing, enhanced lighting, haptic feedback, gesture control, walk detection, app connectivity, AI/ML algorithms and wireless charging via the RTFKT powerdeck
The new season will kick off on December 15 and will continue until January 29, 2023
The full rebrand brings together all operating companies under the Cenomi brand
Agthia has acquired 60 per cent of the Auf Group, with the Egyptian company’s founders retaining a 30 per cent stake
According to Admitad, shoppers in the MENA region increased their orders by 135% and their spending by 94% during the sale week compared to the ‘usual’ period
The fulfilment centre facility is being designed and developed by KEZAD Group under a build-to-suit agreement and is scheduled for delivery in 2024
The awards celebrated stalwarts and companies from across the region’s business landscape
The 2022 edition of the bi-annual promotion will take place from November 25-28, with reductions of up to 90 per cent across lifestyle, beauty, fashion, electronics
Running from November 20 to 27, customers can expect up to 80 per cent off millions of products and money-saving bank offers
Located at the Avenues in Kuwait, the occasion was highlighted with an array of magical festivities and giveaways for little ones, transporting guests to the wonderful world of Disney.
Eyewa entered the physical retail space less than two years ago with the opening of its first store in Mall of Dhahran in Saudi Arabia in December 2020
The industry is expected to further grow at a compounded annual growth rate (CAGR) of 5.7 per cent by 2026, says Alpen Capital’s latest retail sector report
According to the report, with offline sales included, the overlap of the football season with Black Friday will present a massive $70bn opportunity for the retail sector in the MENA region
The company’s non-fuel transactions increased by 18 per cent during the period
This came after a six-month trial was successfully completed in partnership with Aswaaq retail
Between 2020 and 2023, Lulu Group is planning to open 91 hypermarkets as part of its $2.9bn investment in its retail network
According to Google’s internal data, Black Friday sales are most sought after by consumers in the UAE, Saudi Arabia, and Egypt, compared to Brazil, the UK and the US