Jacky's Electronics sees 30 per cent sales jump during DSS 2008

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Ashish Panjabi COO Jackys.

19 July 2008
LCD and Plasma TVs demands soar due to Euro 2008 and Olympic Games

19 July 2008: , UAE's number one multi-brand retailer, expects a 30 per cent increase in sales during this year's Dubai Summer Surprises (DSS). The leading retailer also projects LCD and Plasma TVs will be the most in-demand products during DSS.

Mall footfall figures are estimated to escalate up to 40 per cent due to the region's largest summer festival's exciting promotions and activities.

"Since the launch of DSS, summer in Dubai has become a tourism season people look forward to every year. DSS always sets new benchmarks in value shopping and its activities continuously attract large footfall in malls," said Ashish Panjabi, Chief Operating Officer, .

"One of the major driver's of the jump in LCD and Plasma TV sales has been the Euro 2008 football tournament and the upcoming Olympic Games in Beijing. As customers are seeking to upgrade their home appliances during the summer, there will be a boost in the products sales of LCD and Plasma TV. The demand has been particularly strong for larger size screens especially in the 52", 65" and even the 103" segment which is now displayed at Jacky's outlet on Dubai Airport Road," he added.

' summer deals target customers who are looking to upgrade their appliances as well as tourists looking for affordable electronic products to take home as gifts. Aside from flat-screen TVs, other high-value products such as laptops and digital cameras are becoming preferred gift gadgets.

"Most people find these products within their budget due to enticing financing schemes given by retailers. In addition, our Jacky's Extended Warranty gives customers longer peace of mind after purchasing the product," Panjabi added.

will continue to become a support sponsor in yearly events such as DSS due to its constant innovation in activities, promotions and schemes.

"Shopping has been an ideal activity to escape the sizzling summer heat with an added bonus of great summer deals from various mall outlets. As long as customers look for best deals and bigger savings, there will be no saturation for yearly festivals such as DSS. These events not only benefit retailers like ours but also support the economy of the country," concluded Panjabi. -Ends-

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About Jacky's ElectronicsJacky's Electronics:
Jacky's ElectronicsJacky's Electronics opened its first retail showroom in Deira, Dubai in 1988. Since then it has grown steadily and today has 11 outlets across the UAE.

In June 2007, Jacky's was recognised as the 'Best Service Performance Outlet' in the electronics category by the Dubai Service Excellence Scheme instituted by the Dubai Chamber of Commerce and Industry. It is also a member of Dubai Quality Group.

In early 2008, Jacky's scooped the 'Best Electronics and Entertainment Store' award for Jacky's Express at the Mall of the Emirates Retailer's Annual General Meeting. Additionally, Jacky's ElectronicsJacky's Electronics, received the 'Best Electronics and Entertainment Store' award from the Deira City Centre Annual Retailers.

In March 2008, Jacky's ElectronicsJacky's Electronics was awarded the 'Best Retail Company of the Year Award' in the region's first IT Channel Middle East Awards.

Jacky's is the only electronics company to be awarded 'Superbrand' status four times in a row by the UAE Superbrand Council.

For further information:
Rose Manaog,
MCS/Action,
Dubai,
UAE.
Tel: +97143902960;
Fax: +9714 8161;
Email: rose.m@actionprgroup.com

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