Digitalisation and ready access to information have enhanced customers’ awareness and knowledge, and following the reopening after a prolonged downtime, they are back in the market in large numbers
retail trends
E-commerce
Shopping festivals: Good or bad?
Whatever colour Friday you choose, black, white or even yellow – for brands looking to connect with shoppers, the size of the prize is vast
consumer behaviour
How Saudi Arabia and the UAE are driving GCC retail market
E-commerce currently makes up 3.8 percent in KSA and 4.2 percent of total retail in the UAE
Black Friday
Black Friday sales this season projected to mop up $6bn
Much touted online sales event, which has been gaining popularity year-after-year, accounts for about 20 percent of annual online retail sales in the MENA region, latest research shows
consumer spending
Amid ‘cautious optimism’, UAE retail market maintains strong recovery in Q2 2021
Driven by the steady economic recovery, confidence in the UAE’s retail sector is on the rise, according to a new report by Majed Al Futtaim
retail business
Four big trends shaping the future of Middle East retail
Providing a space for social interaction can be a route to greater revenues for retailers in 2021, offering soaring dwell times, loyalty rates and shareability opportunities
Brand engagement
From expected, to exceptional: The year that brands could (and should) step up
With a backdrop of economic decline and smaller consumer wallets, there is a greater need for brands from all verticals to step up and be more relevant and exciting to customers, and to crucially drive more revenue for brands
E-commerce
Revealed: the impact of Ramadan 2021 on consumers’ e-commerce habits
Expected pick up in home, groceries and fashion categories during the Holy month
Alain Bejjani
Video: Retail recovery faster than expected, says Majid Al Futtaim CEO
Alain Bejjani, chief executive officer at Majid Al Futtaim Holding, discusses where he’s seeing green shoots of recovery for the business, the possibility of a digital transformation for the company and the company’s programs to help retail tenants through the pandemic.