Opinion on Department Stores in Middle East and Africa

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Type Product title / description Pub Price
Expert View
Expert View

Department stores: see brighter future as growth rate doubles

Department store retailing, a concept that seemed to be heading for terminal decline globally only a few years ago, now has a brighter future. Following a period of consolidation, investment and expansion in both mature markets and fast developing economies have given a new lease of life to the sector. Verdict Research forecasts that this sector's growth rate will double over the next five years.

Published By Datamonitor
09 Nov 2007
Expert View
Expert View

Marks & Spencer set to enter Egyptian retail market

As part of efforts to increase its global sales, Marks & Spencer is due to enter Egypt, with plans to open two stores in Cairo over the next two years in conjunction with the Al Futtaim Group. With growth forecast in the clothing sector and investment in shopping centers increasing, Egypt is a solid destination for the retailer.

Published By Datamonitor
27 Aug 2010
CommentWire
CommentWire

Syrian economy: liberalization offers new retail opportunities

Until last year, the Syrian retail sector lacked big malls and associated hypermarket chains because the importation of foreign consumer goods and electronic items was banned. However, the Syrian government has gradually liberalized import restrictions and many foreign goods have been removed from the list of banned items, leading a number of Gulf retail groups to consider entering the country.

Published By Datamonitor
17 Mar 2009

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