GCC retail industry to grow between 7-12pct


(MENAFN) Retail industry in the GCC States is predicted to increase between 7 to 12 percent on the back of expansions in leisure facilities, such as theme parks.

Furthermore, global and local designing and shop fit-out firms in the sector will reap benefits from this growth due to the growing focus on shop entertainment.

Accordingly, between 85-90 percent of the materials used in retail or any interior designing process in the region are imported, makes a challenge.

In addition, in terms of design, local retailers are following a more matured European model, although price is the deciding factor.


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