Is the omani consumer ready for the city center expansion just yet?
I saw muscati's post on the new shops opening in city center and i was like WOW, finally ill be able to get clothes from Oman.
But i couldnt help but think, will Omani's buy from these stores?
Most of these stores such as gap,zara etc will do pretty good since they sell quality products at moderate prices.
Lacoste and tommy hillfiger however are of a much higher caliber. There is im sure a market for it in the sultanate. How long will that last though?
I have noticed that most Omani's spend more than they used to 10 years ago.
But will the number of people purchasing from these stores be enough to keep these stores open?
Countless times we have seen shops and restaurants close in Oman and we think to ourselves , why?
You always thought you saw plenty of people there.
It is however a fact that the reason most of these places closed down is because of cash flow problems. Basically not enough cash inflow from revenue.
I dont work in market research. Heck i dont even work. I do know my country though, and it is questionable whether or not these shops will survive. Lets just hope for the best and pray to god that they stay open long enough for us to shop in them =D .