Retail News
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Al Futtaim Opens Two New Carrefour Stores in Aswan and the NAC
Over the next six months, proceeds from the Aswan store’s ‘Round Up Your Bill’ initiative will be donated to support the Magdi Yacoub Heart Foundation
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Majid Al Futtaim opens first Supeco store in Fayoum
The new store opening reflects the company’s ambitious growth plans, providing accessibility and convenience to communities across the country.
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Spinneys Opens Its 30th Store in Egypt
Spinneys took convenience the extra mile as it also introduced its e-commerce and delivery service to the neighborhood residents.
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Black Friday shows a shift in consumer habits in Egypt
The balance between traditional stores and online solutions remains central to understanding this transformation.
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Egypt increases cigarette prices
The value of the new increase ranges from LE 4.25 to five LE per pack according to the brand.
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Amazon Egypt and Shark Tank Join Forces to Empower Local Entrepreneurs
Through this initiative with Shark Tank, Amazon will onboard the entrepreneurs as selling partners on Amazon.eg , providing a wider selection.
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Egypt’s Retail Sector Shows Growth Potential
Egypt’s retail sector is set to grow by 11 percent over the next four years, according to an October 27 report by the IDSC.
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Egypt private-sector-empowering measures boosted mall industry
This came during a roundtable Fouda held with a group of Egyptian journalists on Wednesday at the CFC headquarters in Cairo.
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How to cope with Egypt’s rising prices
Understanding why prices are rising and how to adapt can help you better navigate these challenging times.
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How boycotts are boosting local brands in Egypt
Recent boycott campaigns in Egypt, driven by solidarity with Gaza, have had a significant impact on global brands.
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Egypt summer sale season kicks off in August
The Minister of Supply and Internal Trade Sherif Farouk issued a ministerial decree on Sunday to start the summer clearance season on 5 August.
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Egypt’s cigarette prices rise once again
Prices rose by about 22 piasters for 11 brands. This is the third increase that the company has enforced this year.
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PM follows up on recent developments of price reduction initiative
Madbouly emphasized that these efforts have contributed to a decline in inflation rates.
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ECA announces implementation of ex-ante merger control system starting from June 2024
The authority has established fast and transparent review processes for notified economic concentration.
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Philip Morris International acquires 14.7% in Egypt's Eastern Company
Eastern Company is Egypt’s largest cigarette manufacturer, with a portfolio that also includes cigars and pipe tobacco, among other products.
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Philip Morris Enters Egypt Market Following Disputed Tender
Under IMF pressure Egypt has loosened its hold on the tobacco industry, allowing private investors to make inroads.
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How Egypt’s 1Trolley became an all-in-one digitisation solution for retailers
Founded at the end of 2019, 1Trolley was initially a cross-category e-commerce aggregator platform, but it soon pivoted to become a B2B SaaS.
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Egypt’s Tobacco Pioneer, The Eastern Company, Sees Skyrocketing Revenues
The Eastern Company's revenues surged by 54 percent in the second quarter of the fiscal year 2023/2024.
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Philip Morris Egypt raises prices of cigarettes for 2nd time in 2024
For the second time this year, Philip Morris Egypt raised prices for packs of Marlboro, Merit, and L&M cigarettes by 5 EGP.
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How to incorporate AI into retail operations
AI can help retailers in Egypt revolutionize their operations, better serve their customers, and ultimately thrive in the competitive marketplace.