Saturday 30 August 2014
 
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retail

Tesco issues new profit warning

Tesco will slash its dividend and investment spending to give its new boss more firepower to rebuild Britain's biggest retailer, after a second profit warning in two months showed the scale of the task it faces. The grocer sai

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30pc of Dragon City retail space sought for GCC traders

A key committee of the Bahrain Chamber of Commerce and Industry (BCCI) has proposed that 30 per cent of the retail space in the Dragon City be allocated to Bahraini and Gulf business owners, with the remaining 70 per cent set aside for Chinese b

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30pc of Dragon City retail space sought for GCC traders

A key committee of the Bahrain Chamber of Commerce and Industry (BCCI) has proposed that 30 per cent of the retail space in the Dragon City be allocated to Bahraini and Gulf business owners, with the remaining 70 per cent set aside for Chinese b

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JLL to manage Dubai Metro retail units

Dubai's Road and Transport Authority (RTA) has roped in top real estate investment and advisory firm JLL for the leasing and on-going management of the retail locations at the Red and Green line metro stations. Commenting on the dea

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NBAD to use NCR’s new platform for retail banking

The National Bank of Abu Dhabi (NBAD) has selected the NCR SelfServ 91, a new hardware platform that will help the bank transform its branches and extend its retail banking footprint. It is the latest in branch banking technology

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Marka to list shares on DFM in mid-September

Dubai retailing and restaurants group Marka plans to list its shares on the Dubai Financial Market (DFM) in the second week of September, in what would be the bourse's first flotation for five years, the comp

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Mega mall 'will take Dubai retail sector to new heights'

The shopping and retail industries of the UAE are set to be 20 years ahead of the region, with Dubai’s launch of the Mall of the World in the run up to Expo 2020, says the CEO of a leading general trading company based in the UAE.

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Twenty4 open new store in Bahrain

Value fashion outlet, twenty4, has opened its second store at Enma Mall in Riffa, Bahrain. This follows its first outlet in Bahrain Mall. Twenty4’s cool and trendy collection offers incredible value to fashion

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Qatar's retail market hits $8bn mark

Qatar’s retail market has hit QR32 billion ($8.9 billion) mark, as a result of growing demand and higher purchasing power of people, said a report.   The sector is expe

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Abu Dhabi tops in regional retail space development

Abu Dhabi has more retail space under development than anywhere in the Gulf, out of the total of 39 million sq m of shopping centre retail space currently under construction in the world’s biggest cities, according to a new study.

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