UAE retail looks ahead to another stellar year

UAE retail looks ahead to another stellar year

Anyone who has been to a shopping mall lately in Dubai will be convinced that the emirate has successfully left the dark days of the pandemic behind. Even on weekdays, the stores are choc-a-bloc with shoppers, with the sales tills ringing constantly as consumers make up for the lost two years.

Dubai as a shopping haven has truly returned on the global scene. In this scenario, retail majors in the country are busy boosting their strategy to make the most of this trend.

In this regard, Khaleej Times spoke to Mohammad A. Baker, Deputy Chairman and CEO of GMG on the how the UAE retail landscape fared this year and his outlook for the year ahead.

GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors. Today GMG’s investments span across four key verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods.

With the recent acquisition of the Géant supermarket chain in the UAE and expansion rights to the Géant, Monoprix, and Franprix brands in the Middle East, GMG is now a leading player in the food retail industry.

Under the ownership and management of the Baker family, it