Arab Today, arab today businesses divided over impact on bottom line
Last Updated : GMT 23:31:10
Arab Today, arab today
Arab Today, arab today

Businesses divided over impact on bottom line

Arab Today, arab today

Arab Today, arab today Businesses divided over impact on bottom line

Dubai - Arabstoday

The ‘Ramadan Kareem\' posters and banners that adorn the walls and windows of many shops in Dubai show that the advent of the holy month has not escaped the emirate\'s retailers. But shop owners are divided over the effect that Ramadan has on their bottom lines. Some retailers claim that spending during the month represents 12 per cent to 20 per cent of their annual sales, while others see shopper numbers fall. \"As a retailer we take special care to offer products that are sought out by customers during Ramadan. We provide Ramadan-specific items like hotpots, gift items, party sets, serving dishes. These products are in great demand,\" explained Kurian Chacko, retail manager of Hadi Enterprises. \"We have started preparing for Ramadan packages for a while.\" Chacko said that consumer demands and spending rise during Ramadan, reflecting a huge increase in sales in the context of their annual figures. \"We never witness decline in our sales during Ramadan. In fact, it increases,\" he said. This could turn out to be especially true this year, with Ramadan falling in the summer holidays and ending prior to the start of the academic year. But Joy Alukkas, chairman of the Joyalukkas Group, is less upbeat. He says that sales tend to decline at the beginning of Ramadan, although this drop is later offset by a spike in sales during the end of the month. \"There is decline in the initial period, but sales start growing after this and, before the end of this period, we manage to maintain our projections or sometimes even exceed it,\" Alukkas said. He said that the post-Iftar period is the busiest time of the day, while the group\'s stores get extremely busy as Eid approaches. In terms of marketing, the Joyalukkas Group styles its products specifically for Ramadan. \"We tailor some special Ramadan-centric offers and promotions and also create special jewellery collections for Iftar parties and Eid celebrations,\" she said. \"We will have special collections and offers for our customers. The special collections will be for Iftar parties and celebration collections for Eid and the offers and promotions will be a continuation of our summer specials since the holy month falls in this period.\" In terms of staffing, Chacko explained that Muslim staff take a break during Iftar, while other retailers tend to change the staff rota with particular importance given to the night shift since the peak sale period is normally between 7:30pm to 9:30pm. \"We manage this with appropriate staffing and by constantly refreshing our stocks.\" Alukkas added that it is paramount that customers do not feel let down by staffing levels during the holy month. \"We strictly follow the rules with respect to work hours for our fasting staff and the rest continue on normal basis to ensure our customers are not inconvenienced,\" he said. From/ Gulf News

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today businesses divided over impact on bottom line Arab Today, arab today businesses divided over impact on bottom line

 



Arab Today, arab today
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables

GMT 05:18 2017 Wednesday ,22 February

Chinese PM: US should avoid ‘trade war,’

GMT 20:59 2017 Tuesday ,21 February

Economy good, but homes in German cities overpriced

GMT 05:29 2017 Tuesday ,21 February

Sovereign funds pulled $38bn from markets in 2016

GMT 05:15 2017 Tuesday ,21 February

Gold firms as markets await Trump tax plans

GMT 04:58 2017 Tuesday ,21 February

EU, IMF in ‘common position’ on Greece crisis
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday