Retail
From The Report: Qatar 2017
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Qatar’s organised retail sector benefits from the country’s high levels of wealth and is currently going through a period of rapid expansion, with gross leasable area nearly doubling in 2017 alone thanks to a strong pipeline of mall openings. In April 2017 two of the largest of these, Mall of Qatar and Doha Festival City, opened their doors. However, the openings come at a time of lower oil and gas prices and regional disruption due to the ongoing economic blockade, imposed in June 2017 by several Arab nations, along with a population that has seen a levelling out in terms of growth. This should generate greater competition for shoppers, potentially giving rise to a clearer demarcation between premium and second-tier facilities in the coming years as more retail area comes on-line.

Articles from this Chapter

Overview

Reaching the peak: A number of major mall openings have seen the sector expand significantly in 2017
OBG
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Qatar’s organised retail sector benefits from the country’s high levels of wealth and is currently going through a period of rapid expansion, with gross leasable area (GLA) expected to nearly double in 2017 alone thanks to a strong pipeline of mall openings. In April 2017 two of the largest of these, Mall of Qatar and Doha Festival City, opened their doors. However, the openings come at a time of lower oil and gas prices and regional disruption due to the ongoing economic blockade, imposed…

Analysis

Hyper activity: Supermarket chains rush to meet demand from affluent customers
OBG
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Qatar’s high levels of wealth and car ownership, and its large number of malls, together make the country well suited to the development of large hypermarkets. The sector has been growing rapidly in recent years, with numerous homegrown, regional and international brands active in the industry or intending to launch their maiden stores shortly. The large number of shopping malls due to open in coming years will also bring about a further rise in the number of large-scale grocery facilities…