All Middle East articles – Page 6
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News
Ikea United Arab Emirates flagship to open in 2012
Ikea’s United Arab Emirates flagship at Yas Marina is set to open in February 2012 and management expects to welcome 1.3 million visitors in the first year, it has been reported. The 355,220 sq ft store is more than three times the size of the Abu Dhabi Marina Mall store ...
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Alon Holdings Blue Square Q3 sales down 0.2%
Supermarket operator Alon Holdings Blue Square reported total sales down 0.2% to ILS1.92bn (£330m) in the third quarter ended September 30 as a result of a decrease in non-food revenue. This was partially offset by a 0.2% increase in like-for-like sales, compared with a 2.5% decline in the prior year ...
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Bath & Body Works launches in Dubai and Kuwait
Limited Brands’ Bath & Body Works is launching in the Middle East with the opening of six stores in Dubai and Kuwait. It already has La Senza lingerie stores located in the countries, but the new stores will mark Bath & Body Works’ first entry into markets outside of the ...
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First overseas Bloomingdale’s set for Dubai
Macy’s chairman, president and chief executive officer Terry J Lundgren has revealed the first Bloomingdale’s store overseas - a 200,000 sq ft unit opened in February in Dubai and licensed to Al Tayer Insignia - is already contributing to corporate earnings. He also disclosed at the company’s AGM that the ...
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Pottery Barn to open in Kuwait
Home furnishings retailer Williams-Sonoma will open its first Pottery Barn and Pottery Barn Kids stores in Kuwait on June 16 as part of a multi-year deal with MH Alshaya Company. The 17,220 sq ft Pottery Barn and 8,070 sq ft Pottery Barn Kids stores will be located at The Avenues ...
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Carrefour to enter Iraqi market
Carrefour has unveiled more details about its entry into the Iraq market.The retailer’s franchise partner in the Middle East, Majid Al-Futtaim, is looking to open its first Iraq store in September at the Family Fun Mall, a premium shopping and entertainment complex soon to open in Erbil in the Kurdistan ...
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Al Hokair to expand in the Middle East
The board of Saudi Arabian retailer Al Hokair has approved an expansion plan that covers Kazakhstan and could eventually include Egypt, Jordan and the United Arab Emirates.The group, which specialises in fashion retailing - including franchises for Inditex and M&S - and foodservice, would not disclose further details, saying only ...
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NewsTesco holds talks with Tony Blair
Tesco is understood to have held talks with former Prime Minister Tony Blair about helping the grocer to move into the Middle East.
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Best Denki set for expansion in India and Middle East
Consumer electronics retailer Best Denki will team up with Indonesian construction company Bangun Persada Tata Makmur to open stores in India and the Middle East over the next three to five yearsThe retailer already has 45 overseas stores in eight countries outside Japan, including Singapore and Malaysia, and runs a ...
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NewsMatalan heads to Jordan for first overseas foray
Value fashion and homewares retailer Matalan has opened its first overseas store in Amman, Jordan.
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NewsFirst overseas Matalan store opens
Matalan opened its first store outside the UK last week, in Amman, Jordan.
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Most retailers expanding abroad entering Mid East markets
Saudi Arabia attracted the most new retailers in the past year, with 37 opening their doors there, a CB Richard Ellis report found.The study showed that most retailers expanding abroad were entering Middle Eastern markets; Kuwait and the United Arab Emirates were also in the top five.Separately, AT Kearney’s annual ...
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Miss Selfridge expands Gulf presence in Kuwait
Miss Selfridge is to ramp up its presence in the Middle East as it opens its first store in Kuwait.
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GalleryStore of the week: Zain, Bahrain
Zain, a Bahrain-based phone retailer, has just unveiled a flagship in the Emirate’s Seef Mall. At 3,550 sq ft, this single-floor store has a large footprint by the sector’s standards.
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White Company’s Middle East push kicks off in Dubai
Multi-channel gift and home specialist The White Company is pushing into the Middle East with the help of Bahrain-based Jawad Business Group.