Strategic Asset Management

December 2024

Facing the Retail Apocalypse: Majid Al Futtaim’s Digital Transformation (A)

By Michael Jacobides, Dalbert Ma, Aryan Mittal, Konstantinos Trantopoulos

In just a few decades Majid Al Futtaim (“the Group”) had established an empire boasting major shopping malls, successful retail chains and popular entertainment centres across the Middle East, Asia, and North Africa (MENA) region. By 2020, however, its competitive landscape was changing fast, wi...

December 2024

Facing the Retail Apocalypse: Majid Al Futtaim’s Digital Transformation – Compact Case

By Michael Jacobides, Dalbert Ma, Aryan Mittal, Konstantinos Trantopoulos

By 2020, Majid Al Futtaim ("the Group") had established itself as a dominant force in the Middle East, Asia, and North Africa (MENA) region, operating major shopping centres, retail chains, and entertainment centres. However, the competitive landscape was rapidly evolving, with traditional powerhous...