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The Future of Retail is Getting Personal

The Future of Retail is Getting Personal
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Covid impact could last another year, say UAE consumers

Covid impact could last another year, say UAE consumers DUBAI, 7 hours, 48 minutes ago As spending habits continue to evolve, UAE consumers are staying cautious, with 46% expecting the effects of the pandemic to last at least another year, according to a study commissioned by global consultancy Kearney. Increased vaccinations (47%) and continued protective and social distancing measures (28%) will be key to rebuilding UAE consumers’ confidence to visit public places (stores, restaurants and supermarkets) moving forward, said the study, the third in a series of surveys exploring consumer shopping habits since the onset of the pandemic. It also highlights that expenditure on essential items (which constitutes of food and beverage (F&B) as well as non-F&B items) has shown a sustained increase, while spending on non-essentials (clothes, bags and accessories) continues to decline.

UAE: Spending habits change as consumers stay cautious amid Covid pandemic

UAE: Spending habits change as consumers stay cautious amid Covid pandemic
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How futuristic food tech is transforming how we eat

By Megan Tatum2021-05-21T13:20:00+01:00 Food technology is no longer the preserve of lab-bound boffins. These days innovators are taking products to market themselves – and cashing in It’s hard to pin down the precise moment when food tech went from the concern of a few product specialists in lab coats to a mainstream source of excitement. It could’ve been way back in April 2003, when scientists first mapped the human genome, paving the way for personalised DNA diet kits. Or 2011, when US scientist Patrick Brown founded Impossible Foods, crafting meatless patties out of modified soy and heme. Perhaps even as recently as December 2020, when regulators in Singapore green-lit lab-grown chicken, built from cells and bathed in a growth serum.

How e-commerce in the GCC has taken flight

How e-commerce in the GCC has taken flight
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