Alshaya closes nearly half of stores in Egypt’s troubled economy

An article by Morgane Monteiro

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Publication

7 March 2024 à 11h38

Updated on 11 March 2024 à 10h45

Reading time

1 minute

Publication: 7 March 2024 à 11h38, Updated on 11 March 2024 à 10h45

Reading time: 1 minute

An article by Morgane Monteiro

Add mind Retail to your sources

Publication

7 March 2024 à 11h38

Updated on 11 March 2024 à 10h45

Reading time

1 minute

Publication: 7 March 2024 à 11h38, Updated on 11 March 2024 à 10h45

Reading time: 1 minute

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After 18 years in Egypt, Kuwaiti operator Alshaya decided at the start of 2024 to cut more than 40% of its local business, closing 60 of 145 local stores in the coming weeks.

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Article authors

Featured image of the article Morgane Monteiro

Morgane Monteiro Journalist

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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