UAE retailers expecting a busy Eid weekend

August 7, 2013 | By RetailME Bureau

Retailers across the UAE are expecting a busy weekend of sales ahead of Eid celebrations. “This is traditionally a key retail period in the year and we expect positive momentum from Mall of the Emirates, Mirdif City Centre and Deira City Centre this weekend. In fact, we have already started witnessing a boost in activity across all three malls as Eid festivities draw closer. Ski Dubai and Vox Cinemas in Mall of the Emirates are recording strong numbers,” says Fuad S Mansour Sharaf, senior director of property management for Majid Al Futtaim Properties.

UAE-based Rivoli Group that retails luxury items has recorded double-digit year-to-date growth this year and is expecting Eid weekend purchases to exceed last year’s sales over the same period. “Last year Eid weekend sales accounted for 12% of all sales, which we anticipate will double over the coming Eid weekend this year. There is more buoyancy in the market now compared to previous years. If you look at all the key indicators — property numbers, visitor numbers — they are all up. It shows consumer confidence is returning to the market,” observes Abraham Koshy, watch division CEO at Rivoli Group.

Sharaf DG, UAE-based consumer electronics retailer, is also expecting a busier Eid weekend than last year. “Last year, the Eid weekend contributed to 16% of total sales for the month. This year, we are expecting 30% growth over last year’s Eid sales. In-store traffic will witness a sharp increase this weekend because we have lucrative offers during Eid at our stores to attract customers,” adds Nilesh Khalko, CEO of Sharaf DG.




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