#Retail

spinneys IPO to see 900 million shares listed image courtesy spinneys

Spinneys IPO: Food retailer to list 25% of shares on DFM

The subscription period for UAE retail investors will run from April 23-29, and for professional investors until April 30

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

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)

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

ChatGPT prompts - with artificial intelligence Man who is discussing marketing analytics. Future. Work by AI smart robot technology.

How AI is transforming the retail experience: From fashion to ecommerce

Shopping is becoming more streamlined as retailers harness AI technology for personalisation, gamification and support, says Karl Escritt, CEO of Like Digital & Partners

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

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

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

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

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

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

Dubai GDP

Dubai’s GDP grows 2.8% in Q1 2023 to reach Dhs111.3bn

The city’s growth in the first quarter of 2023 significantly outpaced the growth rates of some of the most developed nations worldwide

GMG opens first Monoprix Maison outlet outside France Image GMG

UAE’s GMG opens first Monoprix Maison outlet outside France

The new outlet is located at Springs Souk Mall by EMAAR in Barsha Heights, Dubai

Stefano Martinelli, GCC Retail Director, Amazon talks about Prime Day and its highlights image Amazon

Amazon GCC’s Stefano Martinelli on Prime Day and its highlights

Amazon GCC’s retail director tells us about the ecommerce giant’s strategy for Prime Day this year

AMAZON.AE PRIME DAY offers for Prime Members Image Amazon

Prime Day deals: Amazon UAE reveals exclusive offers for Prime members on July 11-12

Prime members in the UAE can avail of free international shipping from Amazon US and UK via the Amazon.ae Global Store, with no minimum purchase during Prime Day

Régis Schultz, CEO of JD Sports (L) and Mohammad A. Baker, Deputy Chairman and CEO of GMG (R) at the signing of the franchise agreement _ image GMG

UAE’s GMG to bring JD Sports to the Middle East, signs franchise agreement

Under the terms of the 10-year agreement, GMG will open around 50 stores under the JD fascia by 2028, across the UAE, Saudi Arabia, Kuwait and Egypt

sharjah summer promotions 2023 begins on July 1 Image courtesy WAM -e1674191212440

Shopping festival: Sharjah Summer Promotions begins, up to 75% in discounts

Considered one of the key events in Sharjah’s annual retail calendar, the 65-day shopping festival is celebrating its 20th anniversary this year

bu Dhabi GDP growth in Q1 2023 GettyImages-1316754718

Abu Dhabi GDP shows 3.9% growth in Q1 2023: SCAD

According to SCAD estimates, Abu Dhabi’s non-oil GDP (at constant prices) surpassed the highest quarterly value of the past nine years, reaching Dhs146bn in Q1 2023

Eid Al Adha Mega Sales Fair 2023 returns to Sharjah Image WAM.jpg

Sharjah’s Eid Al Adha Mega Sales Fair 2023 returns; discounts up to 70-80% on offer

The fair is open from 11am to 11pm at the Expo Centre Sharjah

Majid Al Futtaim x Tabby to introduce flexible payment solutions Image Majid Al Futtaim

Majid Al Futtaim, Tabby to introduce flexible payment solutions

The collaboration will further enable customers to better manage their spending and make purchases more conveniently both in-store and online

Xpressions Style

Xpressions Style presents ‘Back to Home’ warehouse sale

The sale will feature products including cosmetics, fragrances, skincare essentials, haircare items and fashion accessories

Kunal Badiani on b uilding brand loyalty with AI-led CEPs

Insights: Customer engagement platforms are key to brand loyalty

Here’s how Middle Eastern brands can leverage AI-driven customer engagement platforms to build loyalty and conversion during challenging conditions

Ali Sajwani MD operations and tech DAMAC Group Image Mark Mathew MMG

Cover feature: DAMAC Group’s Ali Sajwani on the company’s journey of transformation

The group’s managing director – operations and technology shares the next chapter of growth planned for the Dubai-based conglomerate 

B Store launched by AstraTech Image Astra tech

Now pay for groceries using facial recognition at Astra Tech’s new B Store

Astra Tech has launched its first autonomous shopping store in Abu Dhabi’s Sky Tower, which operates solely using artificial intelligence

Tamimi markets sells 30% stake to PIF

Saudi wealth fund PIF to acquire 30% stake in Tamimi Markets

The deal is aimed at supporting Tamimi Markets’ growth plans including a potential initial public offering