Innovation, Collaboration, Growth are Key as GCC Retail Market Remain on Track to Reach $308 Billion in 2023; Immense growth potential for Retailers in Saudi – MRF 2023

• Sharing growth plans at MRF 2023, Alshaya Group CEO John Hadden said, “Our plan is to open 250 more Starbucks outlets annually, aiming for 3,000 outlets in the next five years from the current 2,000.”

• “We’re determined to build our presence, aiming to make a significant impact in the KSA market over the next 5-10 years,” shared Sunil Kumar, CEO, Spinneys.

• “The region will continue to offer unique opportunities with great growth potential for brands in the GCC over the next 20 years,” observed Dr. Günther Helm, Chief Executive Officer – Cenomi Retail.

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