New restaurants and concepts are seen mushrooming in different parts of this city everyday while many more end up witnessing an uncalled for demise. This was reflected in KPMG’s ‘Recipe for Resilience’ report where there was a consistent and concerning trend of declining F&B performance seen pre-pandemic. More than 50% of operators surveyed in the report witnessed a decline in like-for-like (LFL) sales, for a few years in a row.
While some factors (such as the pandemic) can’t be controlled, many can. Which is why despite the many economic troughs and crises over the last two decades, some restaurants have managed to survive and thrive. They are the ones that watched the market, understood the gaps, and most importantly, learnt from the failures of others.
On this week’s Up-To-Data, we speak to the founder of Gates Hospitality, Naim Maadad.
https://youtu.be/6DnsMay3N0Q
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BAsda and Deliverect Deepen Partnership to Power Rapid Delivery Across Asda Express
SQUATWOLF’s Kuwait Flagship Store Anchors Its Regional Growth Ambitions
Global beauty icon Ulta Beauty to make Riyadh debut at Panorama Mall
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For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
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https://www.youtube.com/watch?v=XXyPAL5vbF4&list=PLx9A0K_Y82JHTwerpjWsvC3oUEUyzf-s_&index=37
https://www.youtube.com/watch?v=yXe7MZw7DtU&list=PLx9A0K_Y82JHTwerpjWsvC3oUEUyzf-s_&index=28
https://www.youtube.com/watch?v=662CQwGt3Rs&list=PLx9A0K_Y82JHYRoyAN6jq7_as_7YHQCbG&index=20
https://www.youtube.com/watch?v=ZdTHfPKCsB4&list=PLx9A0K_Y82JE2WEb19GKQncVcKGUiIk0_&index=12
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