#Retail
A sale of the stake would increase the investor base of the business that has been held by the Alshaya family since 1999
Mair Group’s assets include Makani Real Estate Company, which operates a diverse chain of community shopping centres, and SPAR for retail, which has been active in Abu Dhabi for over a decade
The partnership will be aimed at North India initially, with further expansion planned across the country
Majid Al Futtaim Properties delivered a record performance, driven by the success of UAE-based shopping malls and strong consumer confidence
The deal values BFL Group at an enterprise value of $1.2bn
The creator economy is not just a passing trend but a fundamental shift in how we consume media and make purchasing decisions
Starting July 3, which coincided with International Plastic Bag Free Day, Carrefour eliminated the use of plastic bags every Wednesday across all its stores
We are now accepting nominations for the 12th edition of the Gulf Business Awards 2024
The mall recorded a growth in retail sales in the first six months of 2024, ranging from 8 to 15 per cent higher than the same period last year
Emaar Development recorded 30 project launches, resulting in the sale of 8,400 units in the first six months, reflecting a 56 per cent growth over H1 2023
The region’s luxury market, valued at $12.5bn by year-end 2023, grew at double the rate of the global industry, revealed a report from the UAE-based Chaloub Group
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
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
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
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
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
Located on the second floor of Dubai Mall’s Fashion Avenue, this addition aims to set a new benchmark for personalised shopping experiences
Anticipated figures indicate that the UAE’s e-commerce market will surpass Dhs48.8bn by 2028
The company’s gross profit surged by more than 15 per cent YoY to reach Dhs336m in Q1 2024
The subscription period for UAE retail investors will run from April 23-29, and for professional investors until April 30
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
The report showed that e-commerce spending continued growing in 2023, with a 15 per cent growth rate since 2022
The Dubai-based developer reported a 7 per cent increase in revenues to Dhs26.7bn ($7.3bn)
‘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.
We look at the top trends that will redefine and reshape customer engagement for MEA consumer brands in 2024
The retailer said the top five selling categories for the year were perfumes followed by liquor, gold, cigarettes and tobacco, and electronics
Shopping is becoming more streamlined as retailers harness AI technology for personalisation, gamification and support, says Karl Escritt, CEO of Like Digital & Partners
Consumers are demanding experiences tailored to their preferences, behaviour and stage in the buyer journey
Starting on December 8, the Dubai Shopping Festival will run until January 14
The checkout system has been designed based on feedback from retailers, and addresses common pain points such as crowded checkouts and stock mismanagement