Saudi retailer Jarir sees opportunities to expand despite virus
Published 22 Jul,2020 via Bloomberg Tech - Jarir Marketing Co., a stationary and electronics retailer in Saudi Arabia, sees an opportunity to open as many as five stores this year and raise market share despite the coronavirus pandemic.
“Traffic has come down but basket size has come up,” Chairman Muhammad Al-Agil said in an interview on Bloomberg TV.
Most retailers in Saudi Arabia had to shut shops following government guidelines to curb the spread of the coronavirus pandemic. Jarir Marketing closed most of its stores for 22 days and some for “much longer.”
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