The store will be be located in Tokyo’s Cat Street
Retail outlet
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Abu Dhabi
Abu Dhabi’s top supermarkets and hypermarkets support ban on single-use plastics
As part of the voluntary declaration, Abu Dhabi’s top retail brands – including Carrefour, Lulu Hypermarket, Choithrams, Spinneys, Waitrose, Abu Dhabi Cooperative Society and Spar – will charge customers a fee for each reusable plastic grocery bag
brick and mortar business
Predictions for 2022: 6 key consumer trends in the UAE
Consumers have assimilated to the “new normal” and businesses, particularly retailers, in the UAE are adapting to evolving circumstances through flexible operating models that are shaping future trends
digital business
Repurposing technology in retail to deliver personalised shopping experiences
Enabled by mobile digital tools, retailers are offering more bespoke, localised and service-based experiences
Abu Dhabi
Aldar’s Yas Mall adds 30 new retailers in Q1 2022 and unveils revamped Zara, Adidas, Forever21 stores
Yas Mall is increasing its F&B and entertainment offerings by more than 50 percent, and introducing a dedicated home furnishing district with new brands
E-commerce
Why the region’s digital retail natives are turning to bricks and mortar stores
Reaching customers wherever they are is key as e-commerce penetration in the UAE remains comparatively low at 8.1 percent of total sales in the country
consumer trends
Dubai combines online and offline retail for customised shopping experience
As customers opt to shop on their phones, Dubai’s retailers have used online trends as a catalyst for change
consumer behaviour
Video: Top consumer trends in the UAE’s retail sector
“Coronavirus has changed commerce forever”, said a VISA representative during their Future Retail Experience webinar held on Monday September 28.
Airlines
In pictures: Comparison of how businesses have been impacted by Covid-19 pandemic
The coronavirus pandemic has sent stock markets into freefall and industries to the wall, however many firms enabling more private, online and tech-based living are emerging as potential winners.
Bankruptcy
Forever 21 in UAE unaffected by US bankruptcy filing
The fast fashion brand in the emirates is franchised by Sharaf Group, which also operates electronics giant Sharaf DG
Bankruptcy
Forever 21 files for bankruptcy, adding to retail apocalypse
Once popular among teenagers in the 2000s for its affordable but eye-catching designs, Forever 21’s signature bright-yellow shopping bags have become a rarer sight as Generation Z consumers
Americana
China’s answer to Starbucks eyes Middle East market
Coffee giant signs Luckin Coffee MoU with Kuwait food company Americana
dubai malls
Dubai malls turn to tech in face of retail sector oversupply
An additional 600,000 sq m of retail space is expected to enter the Dubai market by the end of this year
consumer spending
Discounts of up to 75% on opening day of Dubai Summer Surprises
More than 3,500 outlets are participating in the six week event
landlord and tenant
Additional retail space to create oversupply, lower rents in UAE
The size of the GCC’s retail sector is expected to grow from $253.2 billion in 2018 to $308 billion in 2023.
Arabian Business Technology Forum
From bricks to clicks: Making the retail switch to online
What are the challenges for traditional retailers and operators when deciding to go fully digital?
consumer behaviour
How to win the data insights battle
Retailers in the Middle East must take a holistic view of what digital and analytics could do to their business