Cairo super mall to open after years of delay

Cairo Festival City Mall, a 168,000-square metre shopping centre, is set to finally open its doors for the first time today as a wave of new super malls is expected to hit the troubled Egyptian market. The long awaited mall, developed by Al-Futtaim Group Real Estate Egypt, part of the Dubai-based Al-Futtaim Group, had originally... Continue Reading →

Iceland acquires seven franchise Irish stores

Value supermarket Iceland Foods has acquired seven Iceland stores in the Republic of Ireland for an undisclosed sum, as the retailer accelerates its international expansion. Iceland Chairman and Chief Executive Malcolm Walker said the retailer sees great opportunities for growth in Ireland and said taking direct control of these stores will help it to ensure... Continue Reading →

Ikea doubles UK sales targets

The Swedish group said the medium-term home furnishing market looked bright as housing sales and consumer confidence improve. A spokesman said: “The economy looks like it’s picking up and we have every hope that will continue.” It has overhauled its ranges – including a £4million makeover of its living room and children’s departments nationwide –... Continue Reading →

Morrisons online deliveries to start in January

Morrisons has announced that its online delivery service will begin delivering groceries on 10th January 2014. Morrisons said its new online service will focus on freshness, with the website giving customers an indication of how good the food is via a rosette rating, representing the “quality of the product available for sale including the seasonality... Continue Reading →

Mr Price Home goes online

Value fashion retailer, Mr Price has taken its homeware division, Mr Price Home online. Mr Price Apparel launched its online sales platform in South Africa in July 2012 and internationally in July 2013. The group noted in its recent results presentation that it hoped to launch online businesses for Mr Price Home, Sheet Street and... Continue Reading →

Retail plan revealed in $5.5bn Doha Downtown project

Msheireb Downtown Doha, the flagship project of Msheireb Properties, will feature extensive retail outlets including a mall, its CEO said on Sunday. The Galleria will comprise approximately 100 stores set across four levels of shopping and entertainment space. Spanning approximately 48,000 square metres of gross leasable space, the Galleria will comprise an anchor supermarket on... Continue Reading →

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