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Running a successful store isn’t just about selling excellent products and providing customer-friendly return policies. What it boils down to is the quality of your retail staff.
In 2022, the retail sector in the UAE was valued at AED 306.6 billion, and it's expected to keep growing by around 5% each year until 2027.
Retail has become a part of our lifestyle, so much so, that we can’t imagine going a day without making some kind of purchase, be it offline or online.
Dubai's economy underwent an expansion of 4.6%, which reached a substantial AED 307.5 billion in 2022. The retail sector played a crucial role by contributing a significant 24.1% to this overall growth, which makes it a key driver of the economy.
There's a lot on the plate for every retail business – hitting sales goals, increasing revenue, and keeping costs in check. Amidst all this, it’s natural for leaders to often forget about their frontline employees, ensuring that they stick around.
Did you know that the UAE government is urging retailers to adopt sustainability in their operations to achieve their climate ambition and drive positive change in consumer habits?
According to a 2022 report, countries falling in the GCC region are responsible for collectively producing 105-130 million tons of waste, with a notable contribution coming from packaging materials and plastics.
The retail market in the UAE was valued at USD 56.6 billion in 2021. Industry experts anticipate that the CAGR will be around 4.5% from 2022 to 2027.
