#Retail

INited Developer CEO Shane Eldstrom shares insights on Qatar retail

Insights: Is Qatar retail at a crossroads?

With a growing population, a well-connected award winning international airport, and an expanding hospitality sector, Qatar is well-positioned to sustain its retail and leisure momentum

Majid Al Futtaim reports FY 2024 results Image courtesy Majid Al Futtaim

UAE’s Majid Al Futtaim posts 2024 results, reports Dhs33.9bn in revenue

Majid Al Futtaim’s properties’ division delivered a 25 per cent net revenue increase, driven by strong performance across malls and its residential real estate portfolio

Trendyol’s Mohamad ElAnsari on leveraging the regional e-commerce boom

Trendyol’s Mohamad ElAnsari on leveraging the regional e-commerce boom

Mohamad ElAnsari, CEO of Trendyol Gulf, discusses the factors behind the platform’s rapid growth, its commitment to empowering SMEs, and future expansion plans in the region

Stuart Henwood, Senior Director of New Balance in the Middle East, Africa, and India (1)

New Balance’s Stuart Henwood on growth, innovation and fitness fashion

We get insights into New Balance’s commitment to community-building, its impact on fashion trends, and the company’s plans for continued expansion in the next five years

Multiply Group to acquire majjority stake in Tendam image courtesy multiply group

Multiply Group to secure majority stake in apparel giant, Tendam

The acquisition of Tendam solidifies Multiply Group’s growing portfolio of investments and marks a key milestone in its ongoing global expansion strategy

Insights: How to successfully tap the GCC's luxury market

Insights: How global brands can tap GCC’s luxury market

Data shows that 39 per cent of customers in the region strongly value personalised connections with advisors, but there’s significant room for improvement in delivering this consistently

Here's what Saudi consumers will continue to spend on in 2025, reveals AlixPartners: survey on spending trends

Here’s what Saudi consumers will continue to spend on in 2025: survey

Spending intentions in Saudi Arabia show a six-percentage-point net positive trend, contrasting with contractions in the US and Europe, reveals the AlixPartners survey

House of Amouage: Exploring the scent of success

Amouage: Exploring the scent of success with CEO Marco Parsiegla

Marco Parsiegla, CEO of the House of Amouage, shares how the Omani fragrance brand is redefining luxury perfumery while staying grounded in its heritage

Retail insights: AI, at your service

Retail insights: AI, at your service

Here’s how the most powerful AI tools ever created will help you understand your customers better than ever

Dubai Duty Free reports record annual sales of Dhs7.9bn in 2024

Dubai Duty Free reports record annual sales of Dhs7.9bn in 2024

DDF plans to continue enhancing its retail operations, with the final phase of renovations in the arrival shops across three terminals scheduled for completion early this year

UAE launches new VAT refund system for online purchases by tourists

UAE launches new VAT refund system for online purchases by tourists

The new e-commerce VAT refund system builds upon the success of the FTA’s fully digital VAT refund system, which was first introduced over two years ago

Carrefour redefines convenience with 24/7 delivery service in

Carrefour launches 24/7 express delivery service in Dubai

The supermarket retailer initially launched the service in Dubai Marina and has expanded the service to include Central Dubai, covering Downtown and Business Bay

Apple announces major retail expansion in Saudi Arabia

Apple announces major retail expansion in Saudi Arabia

This marks Apple’s first direct retail service in the kingdom and is a significant milestone in the company’s local operations

50 years and counting: Jumbo's next chapter

50 years and counting: What Jumbo’s next chapter entails

Marking its golden anniversary, Jumbo celebrates ‘Trust that Transforms’ – a commitment that resonates through its customers, brands and a growing team

Dubai shopping Festival: 30th edition returns on Dec 6; DSF nights debuts

Dubai shopping Festival: 30th edition returns on Dec 6; DSF nights to debut

DSF 2024 is supported by key sponsors Visa and Dubai Islamic Bank, with strategic partners such as Al Futtaim Malls, AW Rostamani Group, City Walk, and Emirates Airline

Renuka Jagtiani on Landmark’s billion-dollar bet on the future

Renuka Jagtiani on Landmark’s billion-dollar bet on the future

The chairwoman of Landmark said the retail conglomerate plans to refresh its existing stores and enhance its online presence and operations

Dubai's 3-Day Super Sale begins, discounts of up to 90%

Dubai’s 3-day super sale begins, avail discounts of up to 90%

The shopping extravaganza has been extended to four days, running from November 29 to December 2, in celebration of Eid Al Etihad 53

Lulu Retail’s $1.72bn Abu Dhabi IPO attracts bids worth Dhs135bn

Lulu Retail’s $1.72bn Abu Dhabi IPO attracts bids worth Dhs135bn

The hypermarket chain operator initially planned to sell a 25 per cent stake and raise as much as $1.43bn, but it increased the size of the IPO

MAF replaces Carrefour in Jordan with Hypermax

UAE’s MAF replaces Carrefour in Jordan with new ‘Arab grocery chain’

Carrefour Jordan had announced late Monday in a Facebook post that it would no longer operate in the country

Lulu Retail boosts IPO size to 30% on strong demand

The price range for the shares remains unchanged at between Dhs1.94 and Dhs2.04 per share

Modon Holding, LuLu Retail to build retail facilities in UAE and Egypt

The two entities are collaborating to build a network of community retail outlets, including hypermarkets, supermarkets, and other retail stores

UAE’s Lulu Retail sets IPO price range of up to Dhs2.04 per share

The indicative share price of Dhs1.94 and Dhs2.04 per share implies a market valuation of around $5.74bn (Dhs21.07bn)

Dubai’s Parkin to manage paid parking at Majid Al Futtaim malls

Dubai’s Parkin, Majid Al Futtaim to introduce paid parking at UAE malls

The barrierless parking solution eliminates the need for cars to stop when entering or exiting the mall’s parking lots

Saudi's Cenomi Centers, GIB Capital unveil SAR1bn real estate fund

Saudi’s Cenomi Centers, GIB Capital unveil SAR1bn real estate fund

The fund aims to accelerate development in the Qassim region, including the facilitation of a land sale programme and development of the U Walk Qassim Mall

Global Village season 29 highlights image Dubai Media Office

Global Village Season 29: New features, experiences await visitors

With its fresh look and new features, Season 29 of Global Village promises to be the ultimate destination for families, friends, and visitors of all ages

Saudi PIF to acquire 40% stake in Selfridges Stores

Saudi Arabia’s PIF acquires 40% stake in Selfridges Stores

The deal includes new investment by both PIF and Central to strengthen Selfridges Group’s position and support future development

Tackling the surge in fraud during UAE’s peak shopping season

Tackling the surge in fraud during UAE’s peak shopping seasons

We look at measures that businesses can take to mitigate three common types of fraud that become more prevalent during peak shopping periods

Etoile Group's Ingie Chalhoub on navigating the future of luxury fashion

Etoile Group’s Ingie Chalhoub on navigating the future of luxury fashion

Globally, the fashion industry has pivoted towards a more sustainable approach and that’s translated to the Middle East retail environment, says the founder and president of the luxury retailer

Auréa-led consortium finalises acquisition of The Body Shop

Auréa-led consortium finalises acquisition of The Body Shop

The transaction positions the ethical beauty brand for a revival amid increasing demand for sustainable and ethically produced beauty products

U by Emaar unveils new brand identity, benefits

U by Emaar unveils new brand identity, benefits

Throughout September, U by Emaar members can participate in a raffle with daily prizes of 10,000 Upoints, and a grand prize of 100,000 Upoints at the end of the month