Retail articles

Behind the times

Behind the times

It’s hard to call it a good year, but staying afloat is good enough for now: This appears to be the general consensus among most luxury watch distributors in Lebanon. Despite the economic slump plaguing many sectors over the past few years, these distributors are powering through the difficult times with business as usual, and

Black clouds in the retail sky

Executive sat with Nicolas Chammas, chairman of the Beirut Traders’ Association, to discuss the retail sector’s performance in 2017, in light of continuous market stagnation in Lebanon. E   As of mid-November, how has 2017 been for the trade sector in Lebanon? This year has, unfortunately, been another bad year. The decline in the commercial

The long journey of a large retailer

Local markets have proven remarkably resilient when it comes to resisting the dominance of large retailers that offer fast-moving consumer goods (FMCG) in hypermarkets and supermarkets—those behemoths of daily shopping that you enter with an empty shopping cart the size of a compact car and leave with said cart overflowing. One operator of mega-sized retail

Highs and lows

This year, consumers were bombarded with text messages announcing all the latest store sales and irresistible promotions. Those able to ignore the messages could not have failed to notice the multiple number of shopfront displays with massive red sale signs. Despite all this, most shops remained relatively empty. On the whole, it was yet another

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