McDonald’s buys back Israeli franchise to curb boycott calls Africa, Middle East While McDonald’s has been the subject of numerous calls for boycotts over the last 6 months, on April 4,…
Hampered by geopolitical tensions, Majid Al Futtaim ends 2023 almost at a standstill Africa, Middle East Affected by the Israeli-Palestinian conflict and the devaluation of the Egyptian currency, Majid Al Futtaim unveiled mixed financial results for 2023.
[info mind Retail] Why Chalhoub Group focuses on these three sales technologies Africa, Middle East With Sleekflow, Confer With and Connect, Chalhoub is speeding up deployment of technology for sales staff. The Dubai-based retailer of personal goods revealed to mind Retail the results of 3 technological solutions currently being tested or deployed.
Rent Now Pay Later: In Dubai, Keyper wants no more bank cheques Africa, Middle East On March 13, 2024, Keyper, an Emirati start-up specialising in fractional payments for shopping centre tenants,…
Strategic expansion in the Middle East for The Conran Shop Africa, Middle East The Conran Shop (sales of €30.75 million in the FY to March 2022, up by 65%) is moving part of the business to the Middle East.…
After Kiabi, Primark prepares to enter India Africa, Middle East Primark and Kiabi, two European giants in the low-price fashion sector, are looking to expand into the Indian fashion market. mind Retail takes a look at their respective strategies.
Alshaya closes nearly half of stores in Egypt’s troubled economy Africa, Middle East After 18 years in Egypt, Kuwaiti operator Alshaya decided at the start of 2024 to cut more than 40% of its local business,…
Lulu Group to build a major mall of 288,000 sq.m in Ahmedabad Africa, Middle East In 2024, Abu Dhabi-based retailer Lulu Group (global annual turnover of US$8 billion in 2023) plans to build one of India’s largest malls.…
Aramco strengthens in South America with the takeover of Esmax Africa, Middle East Americas On 1 March 2024, Saudi Arabian oil company Aramco (valued at US$7.62 billion) acquired Chile’s Esmax Distribucion SPA from the Southern Cross Group (100% buyout,…
[Confidential] Carrefour disengages from Africa Africa, Middle East According to our sources, Carrefour is progressively withdrawing from Africa, which began in 2013 with the creation of a joint venture between CFAO (55%) and itself (45%).…
