UAE-based home furnishing retailer PAN Emirates Home Furnishings announces major expansion plans across the GCC as it celebrates its 28th anniversary.
The furniture retailer will soon open new stores in Al Ain Mall in Al Ain, Capital Mall Abu Dhabi, and a few more stores in Oman, following the retailer witnessing a 30% growth in the Sultanate.
Currently, the overall market value of the furniture industry stands at AED 6 billion, and PAN Emirates Home Furnishings holds approximately 9-10% of the total market share.
It witnessed a 35% increase in sales from last year and a 100% increase in customer footfall, comprising a 55% gain in new customers.
The retailer to mark the 28th anniversary has announced a promotional campaign to reward its customers with the offer of gift vouchers worth AED 28,000 to 28 winners.
The promotion is open for customers on a minimum purchase of AED 500, from October 27 to November 7, 2020, across all stores in the UAE.
Currently, the retailer has 19 stores across the GCC, which include seven in Dubai, three in Abu Dhabi, two in Al Ain, one each in Sharjah, Ras Al Khaimah and Fujairah. At present it has three stores in Oman, two in Muscat and one in Salalah and has plans for further expansion across the Sultanate. The retailer’s success is attributed to the product quality, great in-store experience, and dependable after-sales service.
Founded in 1992, PAN Emirates Home Furnishings is the region’s leading indoor, patio, and outdoor furniture brand that has a had a successful year so far in terms of sales figures, customer acquisition and regional expansion. In addition to the exceptional progress, the expansion plans of stores across the GCC, and expected to give PAN Emirates Home Furnishings an added edge to increase its market share in the coming year.
Words by Farimah Moeini, Snapchat Head of Industry – Retail and Travel TheJuly 5, 2021 | By RetailME Bureau
Snapchat has been betting big on Augmented Reality’s (AR) retail future consideringJune 22, 2021 | By Jibran Chouguley
Union Coop, a consumer cooperative in the UAE, revealed that 78% of
Union Coop has opened its 23rd branch within the UAE in Jumeirah
Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and
UAE-based Al Maya Group announced that it will be boosting import of
UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu
UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand
Locally owned supermarket Spinneys celebrates 60 years of doing business in the
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
UAE’s leading home-grown convenience store chain, ZOOM, today announced plans to open
LEGO Certified Stores – owned and operated by Majid Al Futtaim in
Subway has announced a new master franchise agreement in the UAE with
Amazon has announced the creation of 1,500 direct and indirect jobs across
adidas has announced the launch of its first store located at the
A Concept by MUSE, a new homegrown retail destination by Chalhoub Group,
UAE-based Majid Al Futtaim has announced the expansion of its people development
Direct-to-Consumer (D2C), Digitally Native Vertical Brands (DNVB), and brand.com serve as different
Furniture retailer Home Box has opened its first-of-a-kind retail outlet in the
Giordano has announced the opening of its first concept store at Zahia
Carrefour has rolled out several sustainable initiatives through partnerships with CHEP and
Gentle Monster has announced the opening of the brand’s second flagship store in