PAN Emirates announces expansion on 28th anniversary


November 2, 2020 | By RetailME Bureau

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.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



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