Retail Professional's Conference:
Redefining retailing in the Middle East
This is an exciting time for the
Middle East retail industry. One can witness the sector
experiencing steady and definitive transformation as
it confidently inches towards globalization. At the
same, however, as development gathers pace and the industry
gains maturity, the path towards progress is becoming
more and more wrought with challenges.
This rapid expansion in the region's retail sector,
though mind boggling and welcome, has brought several
key issues concerning the future of the Middle East
retail industry to the limelight. In Dubai alone, at
current demographic levels, the available retail facilities
would require every man, woman and child to spend around
US$7,800 annually to sustain an overall average sales
figure of US$3,500 a square meter a year, in more than
25 shopping malls or so.
So
will the region’s retail sector be able to sustain
this level of growth, year after year? And if yes, how?
Retail
Professional's Conference, a pioneering full-day event,
will provide answers to many of these thought provoking
questions and much more. Industry experts will discuss
in detail, the challenges that the Middle East retail
sector can expect to face in the coming years as a
result of its astronomical growth and also provide
insights as to how to anticipate and respond to them.
