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'Convenience shopping' concept spells success for NTDE

  • United Arab Emirates: Saturday, March 11 - 2006 at 11:10
  • PRESS RELEASE

Launched in the third quarter of 2003, National Trading and Developing Est.'s (NTDE) 'convenience shopping' concept store NewsCentre has proved a success with impulse buyers, leading to the opening of the company's fourth NewsCentre, located at Mall of the Emirates.

"The location of a NewsCentre is always crucial to the success of the store, as a result it was decided that it would be to our best advantage to have the store close to Cinestar, opposite the Second Cup café. We are already very encouraged by the response that the store's received,"
said Ebad Ahmadi, Director, NewsCentre - NTDE.

He added that being present in the west end of the mall was a strategic decision targeting impulse buyers looking for cigarettes, cigars, FMCG items, newspapers, or magazines, but who did not want to walk all the way back to the Carrefour's end of the mall to buy what they needed.

Attractively designed, with an up-beat appeal, with a look similar to European railway station outlets or duty free shops, the concept has been extremely successful among end users looking to make a quick purchase within the shopping malls. The most popular items at NewsCentres to date are the extensive range of magazines and tourist guide books, plus cigarettes and tobacco accessories.

The business development team at NTDE, who is responsible for overseeing the NewsCentres, is presently engaged in expanding the NewsCentre network. New locations have already been selected, including its first outside Dubai, and five new stores are on-line to open before the end of 2006.
 
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Notes and Media Contacts »

National Trading and Developing Establishment (NTDE) has, for more than three decades, been at forefront of bringing world-class brands and services to the Middle East. What started as a small retail operation has grown into a multi-million dollar business across many divisions with major international brands distributed by NTDE in the UAE.

Since its founding in 1971, NTDE has been a pioneer in bringing quality brands to the Middle East. The company still remains a family concern, headed by founder and Chairman Hassan Ahmadi. NTDE today is a regional powerhouse with more than 6,000 products distributed across the United Arab Emirates, The Sultanate of Oman and Iran.

This press release has been issued on behalf of NTDE by Concept PR. For further information please contact:
T: +9714 390 3946/8
F: +9714 368 8053

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