Dubai’s famous retail malls have been shut for 10 days to slow the spread of coronavirus, but thousands of mall workers have been redeployed to cater to an explosion in online shopping, which has tripled almost overnight, retailers say.
“It is uncharted territory: we had to rethink what we do & how we do it, but at the same time keep certain principles in play”. #MajidAlFuttaim‘s CCO @TracySFaulkner on @MEPRA_org podcast discussing the brands’ navigation during #COVID19. Full podcast : https://maf.am/342ltz7
Majid Al Futtaim which runs 27 shopping malls across the Middle East, shut all its malls in the UAE on March 25. At the same time, its online business has seen a spike of 290 percent in the UAE, 700 percent in Egypt and 1,400 percent in Saudi Arabia.
Developers announce relief packages
The recent announcement by Al-Futtaim Group, which employs 42,000 people across many sectors including retail, to set up a 100 million-dirham fund for rent relief is one example of what can be done, he added.