Sharjah City Centre to get a new look

May 19, 2014 | By RetailME Bureau

Growing cities experience constant evolution in the demographics of their different sectors and localities. So as retailers we need to keep our ear to the ground to sense shifting patterns in our consumer base and respond to changing consumer needs,” observes Dimitri Vazelakis, executive managing director – shopping malls for Majid Al Futtaim Properties (MAFP).

He sees the market evolving constantly in tandem with the UAE’s strong economic growth, especially in the emirates of Dubai and Sharjah. “Things will only speed up further now that Dubai is to host Expo 2020. Trade will spurt as the number of residents and tourists increase, offering massive opportunities for all of us to capitalise on. The retail space in the country is registering strong growth. But with soaring rents and an upswing in prices in Dubai, more and more people are moving to Sharjah and the Northern Emirates. Yes, Sharjah will be a direct beneficiary of the Expo effect in Dubai,” Vazelakis points out.

“We study every market before we foray into it to tailor our offerings to suit the needs of the local community as well as tourists. But the process does not end there. We look at the changing demographics in every area we operate in and shift our focus to cater to changing community needs,” he adds.



Previous Article Next Article


Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto

Download Images RetailME Magazine