Retail & Wholesale

Retail & Wholesale

Sony MEA unveils strong TV, audio line-up for 2024

Sat, 27 Apr 2024

Sony Middle East and Africa has unveiled its powerhouse lineup of new and innovative products across TV and audio systems for 2024, setting the stage for immersive home entertainment experiences and boosting market leadership.

Retail & Wholesale

Capital.com takes top spot in Deloitte Technology Fast 50

Fri, 26 Apr 2024

Capital.com, the renowned Cyprus-based FinTech company, has clinched the top spot for the third consecutive year in the third edition of Deloitte Technology Fast 50, with an impressive 4,411% growth.

Retail & Wholesale

How weather introduced a shift in consumer behaviour: study

Thu, 25 Apr 2024

The recent adverse weather conditions in the UAE led to a significant decrease in online payment transactions, indicating a notable shift in purchasing patterns, a comprehensive study by Global payments solution provider Checkout.com, reveals.

Retail & Wholesale

Cenomi Retail appoints Deloitte as advisor for Aleph sell-off

Tue, 23 Apr 2024

Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, has announced the appointment of Deloitte to manage the forthcoming sale of its Aleph brand.

Retail & Wholesale

44pc UAE retailers hit by cyberattacks in 2023, losing $3m

Tue, 23 Apr 2024

Businesses in the UAE on average encountered losses of approximately AED11 million ($3.08 million) as 44% of businesses experienced cyberattacks, or data breaches last year, marking a 39% increase.

Retail & Wholesale

Fortis secures $20m in Series A funding round

Fri, 19 Apr 2024

Dubai-based Fortis, a retail tech and fintech solutions provider tailored for SMEs, has announced the successful completion of Series A funding round, raising $20 million in investment led by Opportunity Venture (Asia).

Retail & Wholesale

Walmart chooses Swisslog ASRS powered by SynQ software

Wed, 17 Apr 2024

Swisslog has announced that Walmart will install a Swisslog automation solution within its Robinson, TX, facility to enable seamless material flow and increase uptime.

Retail & Wholesale

Cegid to launch its Point of Delivery to serve Middle East market

Tue, 16 Apr 2024

Cegid, a European leader in cloud management solutions for professionals in the Finance, Human Resources, Accountancy, Retail and Entrepreneurship sectors, is to launch a new Point of Delivery (PoD) in Dubai.

Retail & Wholesale

Spinneys to launch IPO; offers 25% of firm's share

Tue, 16 Apr 2024

Spinneys 1961 Holding, an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands has announced its intention to proceed with an IPO and to list its ordinary shares on the DFM in Dubai.

Retail & Wholesale

‘AI will drive hyper personalisation’ in luxury retail sector

Mon, 15 Apr 2024

Generative AI (GenAI) and other AI tools will transform retail over the next 12 months, according to ‘Retail Reimagined: Creating luxury customer experiences using data-driven insights’, a new report launched by Deloitte Global.