Virtual Shopping news and archive

Retail sales in the UAE to rebound and grow by 13 percent in 2021

Dubai retailers were hit hard by the pandemic, as access was restricted and customers stuck at home turned to online shopping. Majid Al-Futtaim, one of the largest mall operators, with 27 shopping malls across five countries, reported a 7 percent year-on-year fall in revenues to 8.88 billion dollars in 2020, resulting in a net loss of AED 2.7...

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Q&A with Powerfront CEO Hadar Paz on virtual shopping

With the global pandemic having an unprecedented effect on the retail sector, companies are looking for new ways to service customers. In April while the majority of the world was still under quarantine, e-commerce sales jumped 49 percent compared to early March before shelter-in-place orders. This also led to a rise in personal shopper...