Companies / United Arab Emirates
Auchan Departs Dubai, Unlikely To See Middle East As Strategically Significant For Now
January 2011 | Company News AlertThe French food retailer Auchan has quit Dubai after just two years in a move that suggests that from the point of view of some of the world's leading Western retailers, the Gulf region dynamic on a per capita income basis arguably does not provide sufficient scale compared to other emerging retail regions. Even though Dubai is still without question the region's high-income hotspot and most in tune with Western consumer habits, consumers are not spending quite as freely as they were before Auchan entered the
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