By Staff writer
Sàvant Data System study found that UAE accounted for the highest retail and mall visitor distribution in the GCC region in 2016
The number of retail visitors in the UAE has risen in the past year, according to a new report.
Despite a fall in oil prices and global economic uncertainties, the number of retail visitors has risen 5.8 percent in 2016 compared to the previous year, according to a market study conducted by Sàvant Data System (SDS), a business intelligence and solutions provider for retail businesses.
The study, based on SDS’ client base, found that UAE accounted for the highest retail and mall visitor distribution in the GCC region in 2016.
“It is a positive story for the region, there has been a rise in visitors by 5.8 percent as compared to 2015,” said Vic Bageria, CEO & CVO of Sàvant Data System.
“While the figures are reassuring, it is important that the retailers see this change of footfall and form pull strategies to widen their business. Having said that it is important to understand consumer behaviour and changing trends and customize their strategies accordingly.”
The UAE accounted for 62 percent of the total mall visitor distribution in the GCC, followed by Kuwait, and Qatar with 33.76% and 4.15% respectively.