Key retail outlets see stronger-than-expected demand
The Peninsula
Doha: Qatar s retail industry witnessed a robust demand in prime areas, while the market experienced an oversupply from April to June. According to...
Doha: Qatar’s retail industry witnessed a robust demand in prime areas, while the market experienced an oversupply from April to June.
According to a report by Cushman and Wakefield, the surge in travelers flowing to the country also contributed to a reported increase in footfall across Qatar’s main malls during the first three months.
Hence, the same has reportedly been maintained during the second quarter of the year.
Mall managers across the country have also indicated that there will be an increase in spending in 2024 compared with last year.
No significant new retail enhancements were introduced in the quarter, however, market analysts confirm that Doha Mall will open fully next month, following the opening of its anchor tenant Lulu in the first quarter of 2024.
