Dossier
Retail Footfall
Coverage of Retail Footfall in the Nexus archive.
- Retail Footfall Fell on Lower Tourism, Says Spinneys CEO
Spinneys reported a 2Q profit of AED90.6 million, but revenue dipped slightly due to regional geopolitical tensions. The retailer stated that these tensions disrupted supply chains and cut store footfall. CEO Sunil Kumar discussed the situation with Abeer Abu Omar of Bloomberg.
- Retail footfall gets early Easter boost in March, but cost of living concerns set to dampen outlook
Retail footfall saw an early Easter boost in March, indicating improved consumer spending. However, rising cost of living concerns may negatively impact future retail performance.