Toufic Kredieh<\/a>, said: \u201cAs part of our expansion plans for 2022 we have successfully opened a number of stores across the GCC in countries like Saudi Arabia, Kuwait, Oman, and Qatar. Due to the growing retail market and the magnified economy brought on by the mega events that were taking place in the country, Qatar stood out as an ideal location for business growth.”<\/span><\/p>\nAs outdoor activities have back bounced to pre-lockdown levels last year, retail sales are on an upward trajectory, buoyed by higher consumer spending.\u00a0<\/span><\/p>\n\u201cGiven Qatar\u2019s exceptional performance in retail sales, which reached $18.5 billion in 2022, we are confident that Q1 of 2023 will remain strong and attract more customers. It is also anticipated that more retail businesses will emerge in 2023, owing to the recent exposure the country has received. With our innovative concepts, client-centred services and products from various brands we are well-positioned to ensure success in the country.\u201d<\/span><\/p>\nAccording to Mr Kredieh, the group\u2019s business performance will be further enhanced by its swift growth in Qatar which will pave the way for more strategic expansions in the future.<\/span><\/p>\nIn October, the group opened its first shopping centre in Motor City, Dubai.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Brands For Less Group, a UAE-based off price retailers, is predicting a strong growth of Qatar’s retail sector and of its own business in particular<\/p>\n","protected":false},"author":40,"featured_media":19911,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[4644,3986],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20755"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=20755"}],"version-history":[{"count":2,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20755\/revisions"}],"predecessor-version":[{"id":20757,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20755\/revisions\/20757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/19911"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=20755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=20755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=20755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}