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?
In Spain, Auchan-owned Acampo hypermarkets are now selling biodegradable bags made with potato starch. The bags are reusable, recyclable, biodegradable and compostable. The bags are sold at a price of 39 cents and have more capacity and resistance than the existing free bags.
The Triennale Museum has become a University: lessons for the IULM academic course - Arts, Heritage and Markets - are taking place in the well-known gallery.