Chairman HE Abdulla Bin Khalid Al Qahtani of Al Meera says the company plans to expand their retail space an additional 100,000m2 when all of their current and upcoming projects are complete.
With a future plan of building new malls and with 9 currently under construction, Al Meera has a goal of doubling all their store space within the next five years.
Several malls opened in Qatar in 2021, with new openings planned for the fourth quarter of 2022.
900 malls remain in the United States. The top 100 account for half the sector's value.
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In-store retail media crossed $0.5B. AI moved from the cloud into checkout scanners. Retail space supply hit historic lows.
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