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Real Estate

Interior view of the Galleria Vittorio Emanuele II in Milan, filled with tourists, shoppers and luxury stores.

The New Geometry of the Luxury Destination

The mall-as-landlord model is obsolete. Three integration models are replacing it — and the operators […]

Read MoreThe New Geometry of the Luxury Destination
Outdoor image of Al Huda Park

Al Huda Park: Makkah’s most vibrant upcoming lifestyle and retail destination

As Makkah’s retail landscape evolves under Vision 2030, Al Huda Park, developed by Hamat, offers […]

Read MoreAl Huda Park: Makkah’s most vibrant upcoming lifestyle and retail destination
Nighttime view of Souq7 in Jeddah featuring illuminated fountains, vibrant lights and a drone show forming the Souq7 logo in the sky.

Souq7 in Jeddah Launches as the Largest Open-Air Saudi Retail Destination

Inaugurated under the patronage of the Deputy Governor of the Makkah Region and graced by […]

Read MoreSouq7 in Jeddah Launches as the Largest Open-Air Saudi Retail Destination
White minimalist store interior with mannequins in women’s outfits and racks of clothing.

Are Small-Format Department Stores the New Normal?

What do Macy’s, IKEA, Nordstrom, and Whole Foods have in common? They’re all embracing small-format […]

Read MoreAre Small-Format Department Stores the New Normal?
Silhouette of a shopper walking past a luxury retail store display featuring a high-end advertisement

The Fall and Reinvention of the Multibrand Luxury Store

Once the backbone of global luxury retail, the multibrand luxury store is facing a dramatic […]

Read MoreThe Fall and Reinvention of the Multibrand Luxury Store
People enter a department store with lion statues at the entrance, illuminated at night

What’s Next for Department Stores in 2025?

After a brief post-Covid resurgence, department stores are once again facing declining sales—except in one […]

Read MoreWhat’s Next for Department Stores in 2025?
Philippe Pedone, David Wilkinson and Selvane Mohandas du Ménil discuss how department stores must evolve to stay relevant in the Saudi market and beyond.
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The Evolution of Department Stores

As consumer behavior shifts rapidly, department stores in 2025—once the cornerstones of retail—are rethinking their […]

Read MoreThe Evolution of Department Stores
Exterior view of a modern luxury mall in an urban environment, featuring storefronts like Louis Vuitton, Tiffany & Co., and Cartier, highlighting the rise of experiential retail and malls as cultural spaces.

The Shift Toward Experiential Retail in Urban Spaces

Welcome to the age of experiential retail, where consumers are immersing, engaging, and Instagramming every […]

Read MoreThe Shift Toward Experiential Retail in Urban Spaces
Speakers Kiran Haslam (Chief Marketing Officer, Diriyah Company), Carl Schibrowski (Chief Development Officer, New Murabba Development Company), Bruno Wehbe (Chief Operating Officer, Cenomi Centers), and Khaled Abuhamdeh (CEO, Red Malls), and moderator Philippe Najjar (Partner, PwC) on stage at the 2025 RLC Global Forum in Riyadh.

Stay, Play, Shop: The Rise of Integrated Retail Destinations

Integrated retail destinations are changing urban spaces by blending hospitality, entertainment, and smart technology to […]

Read MoreStay, Play, Shop: The Rise of Integrated Retail Destinations
Interior view of Galleria Vittorio Emanuele II in Milan, Italy, featuring crowds of tourists, luxury brand stores, and the iconic glass-vaulted iron roof.

The Rise of Cultural Retail: Stores as Community Spaces

Retail is changing. Across the globe, department stores, malls, and retail spaces are transforming into […]

Read MoreThe Rise of Cultural Retail: Stores as Community Spaces
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