Bloomingdales, an American departmental store is likely to inaugurate its branch in Dubai by 2010 that just one of the indications of the booming retail scenario here.
Dubai is a popular tourist destination and the construction of various shopping malls in the city has facilitated retailers to acquire major retail spaces at reasonable rates.
Other than Dubai, New York and Tokyo are the most favoured shopping destinations with New York anchoring 46.91% of the world’s top retailers and Tokyo 38.68%. Both the cities offer a lot of options to the buyer.
Hong Kong, Moscow and Beijing are keeping up the pace with the top list of cities too, but Dubai is marching ahead of all!