After very heavy weather, Chalhoub and Times Square take emergency measures

Two heavy storms wreaked havoc in Dubai on April 16 (254 mm of water) and on May 2. The damages recorded, with the heaviest rains the city has seen since 1949, is still being assessed for the retail sector. Chalhoub (which manages 750 stores in the region, representing 300 brands) had to close one store in the Dubai Mall, but kept 159 of its 160 Dubai stores open. However, in-store sales slowed slightly in the third week of April (85% to 90% of targets achieved after 7 days). The Times...