Global Markets NewsOpenings, closures and market moves · Kuwait & the GulfSaved

Al Noor Mall

النور مول

5 posts since 2018 · 4 openings · 1 market

17 August 2022

Emirates Pride

Opening at Al Noor Mall

New Store Opening

‏It's an honor to announce the opening of our new branch, as we continue to grow, and all this could have not been possible without your support. ‏Head over to the first floor of Al Noor Mall, Madina on the 18th of August, 2022. ‏We always step ahead to serve you betterand look forward to your visit.!

Saudi Arabia · 17 Aug 2022

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20 August 2019

Marks & Spencer

Contractual Relationship End at Al Salaam Mall

Fawaz Alhokair's M&S deal in Saudi ends, still partners elsewhere

DUBAI (Reuters) - Saudi Arabia’s Fawaz Abdulaziz Alhokair 4240.SE said on Wednesday its franchise agreement in the kingdom with British retailer Marks & Spencer (MKS.L) had ended, along with similar deals with a number of “non-performing” brands. Marks & Spencer (M&S) said in an email that its franchised stores in Saudi Arabia were transferred to Al-Futtaim Group in 2018. M&S has 15 franchised stores in Saudi Arabia. “We are focused on continuing to work with Al-Futtaim Group to develop and grow our business in Saudi Arabia,” M&S told Reuters. M&S still has a partnership with Alhokair in Armenia, Georgia and Kazakhstan, according to M&S’s website. M&S has more than 400 stores outside the United Kingdom, where it is a mainstay of shopping streets with more than 1,000 outlets. Its international business has been struggling, however, with revenues falling 14% and underlying operating profit down 6% in the year ended March 30, 2019. Alhokair also said on Wednesday it made a first-quarter net profit of 224 million riyals ($60 million), down 10.1% from the same period a year earlier. The firm, which owns franchise rights for brands including Mango, Zara and Banana Republic in the Middle East, said a decline in sales during the quarter was driven by the closure of non-performing stores and the disposal of weak brands as the group presses ahead with a “portfolio optimization strategy.”

Saudi Arabia · 20 Aug 2019

Reuters ↗

29 April 2018

Molten Chocolate Cafe

Opening at Al Noor Mall

مولتن شوكلت يستقبل عُشاقه في مقره الجديد في المدينة المنورة/ النور مول الدور الأرضي، بوابة رقم ١ ، لنتشارك متعة اللقاء معاً 😍❤️

Saudi Arabia · 29 Apr 2018

Instagram ↗

Molten Chocolate Cafe

Opening at Al Noor Mall

مولتن شوكلت يستقبل عُشاقه في مقره الجديد في المدينة المنورة/ النور مول الدور الأرضي، بوابة رقم ١ ، لنتشارك متعة اللقاء معاً 😍❤️

Saudi Arabia · 29 Apr 2018

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