MECSC wishes all its members and readers a Merry Christmas and a Happy & Prosperous New Year.

With mall retail space in Dubai and Abu Dhabi expected to exceed 4 million and 1.2 million square meters respectively by 2010, retailers have a vastly increased choice in terms of available retail space to let. Here we look at some important considerations for retail tenants as they enter into/renew leases.

A Litre of Milk and a Flat Screen TV to Go
Research by the Dubai office of Urbis estimates that 75% of all new enclosed shopping centre floorspace opened in Dubai during the past 10 years was in centres larger than 50,000 sq.m.
Now, after the experience of the Global Financial Crisis, this may be a good time to explore the potential of smaller-scale centres that let local residents shop more efficiently for their necessities.

An interesting overview presented by TCS.
With an increasing number of factors influencing a customer's shopping decision, retailers are looking for every opportunity to creatively improve customer experience and boost customer loyalty. The agility in leveraging information to personalize and provide a consistent experience seamlessly across channels is the key to gaining a competitive edge.
With its experience, TCS presents the 7 key areas leading retailers need to focus on.

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