October 21, 2017

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Canon ties up with Extra in Saudi Arabia

Canon Middle East has signed United Electronics Company, the company behind retailer Extra, as a strategic partner for Canon office personal products (OPP) in Saudi Arabia. Extra has a strong retail presence in the GCC focused primarily on Saudi Arabia. The company also has a strong e-commerce operation and offers an expansive portfolio spanning TV, audio systems, computers, mobile phones and IT communications, cameras, home appliances and personal care products. Read full story

by Stuart Wilson, Friday 20 October 2017

Periscope upbeat on Black Friday potential in UK

It could be a huge Black Friday for 2017, as 44% of US, and 81% of UK shoppers plan to go bargain hunting online and in stores, according to research from Periscope By McKinsey. Almost half of US consumers confirmed they will be shopping this Black Friday – compared to just 26% in 2016 and 23% who were undecided. The jump is much higher in the UK with an impressive 81% of stating they intend to shop this Black Friday – compared to just 22% who anticipated getting involved last year and 30% who were on the fence. Read full story

by Stuart Wilson, Wednesday 18 October 2017

Top consumer tech distributor and retailer executives confirmed for DISTREE APAC 2017

DISTREE Asia Pacific (APAC) has announced that more than 100 senior executives and buyers from top consumer tech distributors and retailers are now confirmed to attend this year’s event. As a premium hosted buyer event, DISTREE APAC gives consumer tech brands the opportunity to pre-schedule one-on-one meetings with the region’s most influential channel partners in one place at one time. This year’s DISTREE APAC takes place in Singapore from November 8th to 10th at the Grand Copthorne Waterfront Hotel. Read full story

by Stuart Wilson, Wednesday 11 October 2017

Jarir opens new outlet in Kuwait

Retailer Jarir Bookstore has extended its regional network, opening a new store in Kuwait. Jarir’s now operates a network of 49 stores across the GCC with four in Kuwait. The new Kuwait store covers more than 3400 square metres and is located in Salmiya Park Boulevard. Jarir has invested just over US$5m in its latest store, which is the fourth new outlet it has opened since the beginning of 2017. Read full story

by Stuart Wilson, Wednesday 4 October 2017

DISTREE Russia 2018 scheduled for May 30th to June 1st

The 15th annual DISTREE Russia will take place in Moscow on May 30th to June 1st, 2018. The country’s leading annual channel event will offer technology brands and distributors access to Russia leading retailers, e-tailers and resellers in one place at one time. DISTREE Russia 2018 will take place in the luxurious surroundings of the Areal Congress Hotel. Surrounded by green parklands, this conveniently located hotel is situated just 10 miles from Moscow’s ring road. Read full story

by Stuart Wilson, Wednesday 4 October 2017

Extra opens new Riyadh store

Saudi Arabia-based consumer tech retailer Extra, part of United Electronics Company, has opened its ninth store in Riyadh, extending its GCC retailer network to 43 stores in total. CEO Mohammed Galal said: “Our company is working according to a clear strategy for expansion, to be closer to our customers. Our ongoing investment in expansion by opening new stores or developing our e-commerce platform - www.extra.com - is based on market research and understanding the demands of our customers.” Read full story

by Stuart Wilson, Monday 2 October 2017

INTERVIEW: Dikran Tchablakian, Tecbuy

If wisdom comes from experience, then it is little wonder that Dikran Tchablakian can offer deep insight into the trends impacting consumer tech retail in the Middle East. Tchablakian was awarded the Retail Executive of the Decade honour in 2016 by DISTREE Middle East, in recognition of his achievements and position within the retail channel. With vast experience across the region, spanning physical retail and e-tail with CompuMe, Tecbuy and now also letstango.com, Tchablakian’s views on the structural dynamics of the Middle East retail channel are more important than ever as we enter a period of accelerated change. Read full story

by Stuart Wilson, Friday 4 August 2017

DISTREE Middle East 2018 consumer tech channel event scheduled for April 22-24 in UAE

DISTREE Middle East 2018 will take place on April 22-24th in the UAE. The three-day channel event unites consumer technology brands and distributors with senior executives and buyers from the region’s leading retailers and e-tailers. Exhibitors pre-schedule one-on-one meetings with retailers and e-tailers attending the event, enabling them to target specific markets or channels for their product portfolio. Read full story

by Stuart Wilson, Wednesday 2 August 2017

Majid Al Futtaim bags Geant

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, recently acquired Retail Arabia, the franchise owner of 26 Geant stores across the UAE, Bahrain and Kuwait as well as 4 Gulfmart supermarkets in Bahrain. The deal has been agreed between Majid Al Futtaim and Retail Arabia’s parent company BMA International. As part of the Majid Al Futtaim retail offering, Carrefour currently operates over 160 stores in 15 markets across the MENA region. Read full story

by Stuart Wilson, Monday 17 July 2017

Dominion buys The Phone House

Retail giant Dixons Carphone has agreed to dispose of its entire holdings in The Phone House Spain, Connected World Services Europe and Smarthouse to Global Dominion Access SA, a provider of technological services and solutions, headquartered in Bilbao, Spain. Dominion will integrate Phone House into its smart innovation business and look to deliver a range of services to consumers related to smart homes. Read full story

by Stuart Wilson, Monday 17 July 2017

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