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Article: Franchising could lead retail recovery.
- Article from:
- Albawaba.com
- Article date:
- July 12, 2009
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Summary: Franchise options could prove the key to bolstering the region's retail industry, according to International Expo Consults, organisers of Franchising Middle East (FME).
Recently released figures have shown that retail figures are rallying, despite a drop of up to 30 percent in sales in leading markets such as Dubai earlier this year.
"According to Dubai retailers, the slowdown is slowing down, and while the summer is expected to remain pretty flat, recovery is expected towards the end of the year," said Abdul Rehman Falaknaz, President of International Expo Consults.
Franchise options could prove the key to bolstering the region's ...