Company: MH Alshaya
Mohammed Alshaya is the undisputed franchise king of the Gulf.
And he found out how to do it the hard way. Nearly 30 years ago, Wharton School of Business graduate Alshaya did a three months’ work experience stint at the UK-based retailer Mothercare, stacking shelves and advising mothers on which prams to buy. He clearly learnt a lot. Today, his retail empire MH Alshaya owns and operates over 2,200 franchise stores in nineteen countries and employs around 28,000 people. And he has an uncanny knack of picking out the most popular brands. From IHOP to Shake Shack, you can generally tell an Alshaya outlet from the queues that have built up outside.
So how does he do it? “Hard work and respect,” he told Arabian Business recently.