Hotpack Global<\/a>, Abdul Jebbar, seconded this opinion: “In fact, consumers have accumulated more wealth through the pandemic than before as they have not had the same opportunities to spend it. One of the ways retailers took advantage of the increased spending power for consumers is by adopting an omnichannel model, taking advantage of the rise of e-commerce in recent years.<\/span><\/p>\n“It also enabled retail store expansions, special offers and discount campaigns, and other channels to reach consumers. Consumers today are also more conscious of their carbon footprint than before. They are willing to pay a higher premium for sustainable and eco-friendly products even during the current economic climate,\u201d said Mr Jebbar.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Rising consumer confidence and increasing purchasing power will drive the UAE economy, despite global economic challenges<\/p>\n","protected":false},"author":40,"featured_media":20324,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3927,1],"tags":[3988,3966],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/21036"}],"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=21036"}],"version-history":[{"count":2,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/21036\/revisions"}],"predecessor-version":[{"id":21038,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/21036\/revisions\/21038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/20324"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=21036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=21036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=21036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}