#Retail

dubuy.com adds Al Ain Farm products to its offerings

Al Ain Farms to offer dairy products in Africa through DP World’s DUBUY.com

Dubuy.com connects 10,000 registered customers to 2,000 registered vendors and facilitates the trade of 1.4 million products on a daily basis

Majid AL Futtaim announces H1 2022 results

Majid Al Futtaim reports 18% rise in EBITDA to Dhs1.9bn, revenue rises 15% to Dhs18bn

Majid Al Futtaim – Properties’ revenue rose 51 per cent to Dhs2.4bn, while EBITDA was up 27 per cent to Dhs1.4bn

EMAAR announces H1 2022 results

UAE’s Emaar reports robust H1 2022 revenue of Dhs13.575bn

Emaar’s hospitality division saw its revenue grow by 64 per cent compared to H1 2021, reflecting the tourism sector’s robust post-pandemic recovery

Dubai Summer Surprises

How unified e-commerce can help UAE retailers drive sales this Dubai Summer Surprises

Studies show there is a 9 per cent higher increase in growth amongst agile businesses that connected their online, in-app and in-store payment channels compared to those that don’t

BinDawood acquisition

BinDawood Holding to acquire stake in French influencer marketing agency

Ykone is an influencer marketing agency focused on travel, beauty, fashion and luxury brands

Savills- retail destination trends 2022

Four global trends shaping the future of retail destinations: Savills

In the Middle East, there are already clear signs of retailer demand, with a shift away from purely franchises to brand-owned stores

UAE's Landmark Group appoints new CEO Kabir Lumba for Retail

UAE’s Landmark Group appoints new CEO for Retail

Kabir Lumba will lead as the new CEO for Landmark Retail

UAE consumers

Price, quality or sustainability? Know what your customers want

Consumers in the UAE have the highest proportion of ‘quality appreciators’ and the lowest proportion of ‘cost-conscious’ consumers

Jones the Grocer

Jones the Grocer’s Yunib Siddiqui on the retail chain’s expansion

Jones the Grocer has 24 stores and cafes across the Middle East. Yunib Siddiqui, the CEO spoke to Gulf Business about growing his food retail business

UAE customers

Over 90% of UAE customers say experience is as important as products – survey

The Salesforce’s ‘State of the Connected Customer Report’ reveals how trust, personalisation and digital-first experiences are central to customer needs

Walmart ranks first on the top 25 global retailers survey

According to GlobalData’s ranking, half of the top 25 global retailers reported more than 8 per cent year-on-year growth in revenue despite the pandemic

Network Nayax retail Getty images

Network, Nayax to expand UAE’s unattended self-service retail segment

Network and Nayax’s solution allows customers to select a product or service and pay using a debit or credit card at unattended self-service payment kiosks

IKEA flagship store to launch in Oman, announces Al-Futtaim

The two-level flagship IKEA store will be located in Lulu Group’s Oman Avenues Mall and feature a 394-seat restaurant with self-service kiosks

UAE Superbrands Council’s Niranjan Gidwani on the latest trends shaping the retail sector

The consultant director and member of UAE Superbrands Council talks about the revival of brick and mortar stores, metaverse mania and other developments

Dubai’s Mashreq and noon.com launch VIP savings account

The account provides customers competitive interest rates on their savings, cashback on all spends and a free noon VIP membership among other features

Abu Dhabi Airports, Etihad partner for Etihad Guest’s ‘Miles on the Go’

Etihad Guest members can now earn and spend their miles when shopping at participating merchants located at Abu Dhabi International Airport

UAE’s GMG acquires Géant from Urban Foods by Dubai Holding

GMG has acquired 18 hypermarket and supermarket locations in the UAE plus exclusive rights to expand Géant operations across the Middle East

Dubai Future Foundation partners with Richemont to explore solutions for luxury retail sector

The innovative solutions will be developed as part of the Future of Luxury Retail challenge by participating startups at Area 2071

Dubai Holding introduces ‘Tickit’ to reward members

The new rewards programme gives members a chance to earn between 0.5 per cent and five per cent in points for every transaction at participating brands or outlets online and in-store

Abu Dhabi’s Yas Mall to introduce over 100 new retail stores by summer

Yas Mall is increasing its food and beverage and entertainment offerings by over 50 per cent, and introducing a dedicated home furnishing district

Saudi Arabia to get its first Spinneys store

The first store is expected to launch in Riyadh in the first quarter of 2023

Carrefour BIO

Carrefour launches its first Bio store in Dubai

Located in City Centre Me’aisem, it features the retailer’s first-ever café and an in-store hydroponic farm

Getty Images

How and why are NFTs disrupting the world of art, music and retail

A non fungible token is a scarce, verifiable, secure asset with proof-of-ownership at its core

The importance of retail renaissance as shoppers seek new in-store experiences

Physical stores are making a comeback and will play a significant role in retail in the future

Mall of the Emirates and Cisco collaborate to create the ‘store of the future’

Customers and visitors in Dubai will get the exclusive chance to interact with the unique, fully digital, and physical concept store

Five best practices to aid hybrid retail strategies in the Middle East

Just as employers are having to contend with the inevitability of hybrid work, retailers must also prepare themselves for a hybrid-shopping future

Power Letters 2022: Mohammad A. Baker, deputy chairman and CEO, GMG

Whether it is acquiring new international brands or developing homegrown concepts, when an opportunity presents itself, we go after it

Dubai Duty Free records Dhs87m worth of sales in three-day promotion

The retailer offered a 25 per cent discount on a range of merchandise over three days from December 18-20

UAE retailer GMG gets Nike distribution rights for Egypt, Iraq

GMG will become the official distributor partner for Nike in Egypt by June 2022, covering everything from brand management to retail and distribution

UAE businessman Majid Al Futtaim passes away

Having founded the Majid Al Futtaim group in 1992, the businessman oversaw its growth into a massive retail conglomerate across the region