Weak demand and slimmer retail margins eat into airfreight spend
Concerns over excess inventories at retailers are misplaced: the real issue is weak demand and ...
While US and European high streets continue to face pressure from online marketplaces, and traditional retailers scramble to develop omnichannel offerings for consumers, in one region of the world the mall model remains the favourite: the Middle East.
Jacco Weterings, Allport Cargo Services director for the Middle East, told a retail-focused supply chain seminar in London last week that shopping malls in the region “are an entertainment destination in their own right – online is beginning to grow, but visiting a ...
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