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 Financial Times: Cineworld bolstered by 3D
UK cinema chain's investment in 3D helps increase its market share despite drop in screen advertising revenue
AME Info: Lulu plans Oman expansion
Abu Dhabi-based retail group Lulu plans to invest over OR100m in expansion plans into Oman, Khaleej Times has reported. Lulu, which owns 76 stores across the GCC and Yemen, plans to open five new hypermarkets in Oman this year at a total cost of OR90m, and will take the total count of Luluoutlets in the country to 11. The company will also invest OR14m in an ...
Financial Times: Wetherspoon completes £530m refinancing
Pubs operator agrees four-year, £530m facility with a syndicate of 11 banks and reinstates its dividend as pre-tax profit rises 18 per cent to a record £36m
AME Info: Online shopping remains high in UAE
The highest average online shopping spend in the Asia/Pacific, Middle East and Africa region in Q4 2009, was in the UAE at $1,048, compared to the slightly higher figure of $1,193 a year ago, according to a survey by MasterCard Worldwide. In the UAE, the most popular items bought by onlineshoppers included airline tickets (43%), books and arts (34%), CDs, DV ...
 The Scotsman: Dry cleaning chain returns to firmer ground with £20m profit
JOHNSON Service Group, owner of the high street's biggest dry cleaning chain, yesterday claimed it was on a stable footing after returning to the black last year with pro
AME Info: Soft drink sales drop in Qatar
Sales of soft drinks in Qatar have seen a significant drop, following a major hike in their prices imposed last week, the Peninsula has reported. Prices of all Pepsi drinks as well as Coco Cola have been increased by 20% to 50%, leading to reports by some retailers of up to a 50% decline in the sales since the price hike came into effect last week.
Financial Times: Merlin Entertainment keeps float option alive
The owner of Madame Tussauds and Legoland keeps the option of a stock market listing open after reporting for the ninth year running that underlying earnings grew at a double-digit rate
The Scotsman: Shoppers return to high street following big freeze but retailers refuse to get carried away
RETAIL sales bounced back last month as shoppers returned to the high street after a weather-hit January.
The Scotsman: Blacks returns to Glasgow but Ashley holds back plans
OUTDOOR retailer Blacks Leisure is returning to Glasgow as part of a new store opening programme in defiance of a potential takeover strike by Mike Ashley's Sports Direct.
Financial Times: Nomura overture from Red Knights
The group of financiers has contacted the investment bank to see if it would act as corporate adviser in a further signal of its intentions to wrest control of Manchester United football club
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Walmart Silent as Suppliers Cheat Factory Workers
Walmart Silent as Suppliers Cheat Factory Workers
Interbrand Design Forum Ranks the Most Valuable U.S. Retail Brands; Walmart Remains the Top Retailer, Target Leaps to Second
Interbrand Design Forum Ranks the Most Valuable U.S. Retail Brands; Walmart Remains the Top Retailer, Target Leaps to Second
Interbrand Design Forum Ranks the Most Valuable U.S. Retail Brands; Walmart Remains the Top Retailer, Target Leaps to Second
Interbrand Design Forum Ranks the Most Valuable U.S. Retail Brands; Walmart Remains the Top Retailer, Target Leaps to Second
Interbrand Design Forum Ranks the Most Valuable U.S. Retail Brands; Walmart Remains the Top Retailer
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·Lulu plans Oman expansion
Abu Dhabi-based retail group Lulu plans to invest over OR100m in expansion plans into Oman, Khaleej Times has reported. Lulu, which owns 76 stores across the GCC and Yemen, plans to open five new hypermarkets in Oman this year at a total cost of OR90m, and will take the total count of Luluoutlets in the country to 11. The company will also invest OR14m in an ultra-modern shopping mall and hypermarket in Buraimi, expe ...
·Online shopping remains high in UAE
The highest average online shopping spend in the Asia/Pacific, Middle East and Africa region in Q4 2009, was in the UAE at $1,048, compared to the slightly higher figure of $1,193 a year ago, according to a survey by MasterCard Worldwide. In the UAE, the most popular items bought by onlineshoppers included airline tickets (43%), books and arts (34%), CDs, DVDs and VCDs (30%) and home appliances and electronic product ...
·Soft drink sales drop in Qatar
Sales of soft drinks in Qatar have seen a significant drop, following a major hike in their prices imposed last week, the Peninsula has reported. Prices of all Pepsi drinks as well as Coco Cola have been increased by 20% to 50%, leading to reports by some retailers of up to a 50% decline in the sales since the price hike came into effect last week.
·New mall to be built in Makkah
Saudi-based Aqari Investment Holding plans to build a shopping mall in the Al-Rusaifah district of Makkah, Arab News has reported. The four-storey mall will have two floors dedicated for retail outlets, a floor for a food court, in addition to an exclusive floor for children with rides andgames, the company said.
·LG HS200 projector launched in Qatar
Qatar-based Video Home & Electronics Centre, distributors of LG products, has announced the launch of its new HS200 projector. The new projector system can play DivX files, display JPEG images and play MP3 music files through external hard drives, USB memory sticks or memory cards connected through the USB port. It also includes FM wireless audio, allowing instant playback of broadcast radio though the projector's sp ...
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