Stores & Spaces (159)
Now even Dubai does discount
Thanks to its success, the planned expansion of Dubai’s only discount shopping mall has been met with interest from retailers.
Why it matters
Despite a warning of an oversupply of retail space from the Middle East Council of Shopping Centres, along with the tightening of consumer spending, the Dubai Outlet Mall has announced expansion plans. In a city where being the first individual to purchase the latest item at full price is actually a badge of honour worn proudly, what will this mean for the same retailers in other malls? Is this the start of a flood of budget stores invading Dubai?
Grocery chain Kochhaus in Berlin has implemented an extraordinary retail strategy. Instead of simply grouping common food types together, the store is entirely structured by meal recipes. At each ‘recipe stall’ customers get all the ingredients together with the cooking instructions so they can prepare their own meals at home.
Dutch online concept store Zold specialises in selling both new and used designer items as a service in which the entire handling of the sales process is provided. The company professionally photographs items to be sold, lists them on eBay, handles all bidder enquiries, payment collections, packing and shipping. In return, Zold take a 30 per cent commission. Items currently up for sale include designer clothes, furniture, high tech gym equipment and even art.