A new form of retail
With the decline of the traditional retail sector, the industry is looking at ways to reinvent itself by introducing more innovative activations. A creative solution for empty storefronts that’s popular today is curating spaces for interactive store museums, a place where shoppers can interact with the art/exhibition and document/advertise it on social media, thus drawing more footprint and traffic into malls.
The rise of warehouse and logistics’ space
According to Cavendish Maxwell, the decline in retail is giving rise to e-commerce and warehouse and logistics space. As a result, more companies are using their current stores as storage spaces for their online retail and products.
According to Cavendish Maxwell, authorities including JAFZA, Dubai South, and DAFZA have developed schemes and are working with relevant government departments, such as Dubai Customs, to support e-commerce business growth, eliminate red tape and enable easier access to the local market.
To learn more, read here: https://www.cityscape-intelligence.com/global-insight/warehouse-logistics-trends-dominate-2020