Mall achieves a phenomenal 28 per cent growth in sales
Dubai, UAE, May 7, 2008: Ajman City Centre announced very positive success figures for 2007 at its Annual General Meeting held recently. The centre welcomed over nine million visitors in 2007, an 11 per cent increase over 2006, while sales touched a whopping AED 632 million, marking a 28 per cent growth compared to the previous year. These numbers have made Ajman City Centre one of the most successful shopping centres in the MAF Shopping Malls portfolio.
Jassem Al Khaja, General Manager, Ajman City Centre said on the occasion, "We really look forward to the annual meeting as it gives the mall management a chance to meet all our retailers under one roof. And what makes it even better are times when we have excellent success figures to announce."
This year's Annual General Meeting comprised of sharing the results and key highlights of 2007 together with the targeted growth rates and new key initiatives for 2008. The centre management will continue working with the concerned authorities, reinforcing the vital role played by ACC in the society.
The meeting ended on a high note with the mall management awarding its retailers in 12 diverse categories based on various criteria such as trading in the business for 12 months or more, sales performance, operational compliance, and participation in the marketing activities.
The Landmark Group walked away with two accolades, the Best Retailer and Best Anchor Store of the Year, while Promod won the Best Fashion Store category and Mothercare the Best Children's Fashion Store.
Other winners included Starbucks as the Best Restaurant & Café, Hardees - the Best Food Court Outlet, Magic Planet - Best Entertainment & Hobby Store, Axiom - Best Electronics & Telephone Accessories, Areej - Best Health, Wellness & Perfume Store, Brantano Shoe City - Best Footwear & Sports Store, Damas - Best Jewellery & Watches Store and Dubai Opticals - Best Optical, Accessories & Service Store.
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About Ajman City Centre:
Conveniently located on Sheikh Zayed Street and just off Emirates Road, is the largest shopping mall in Ajman. The centre is at the heart of the community and offers customers a combined shopping and entertainment experience close to home. The centre originally opened in December 1998 with 46 stores. It has since added a further 22 stores, and increased its total retail area to over 37,000 sqm. The Centre prides itself on convenience, friendly service, and value. Ajman City Centre houses a 6-screen CineStar cinema, 16 multi-cuisine restaurants and food outlets and Magic Planet - the ever popular entertainment destination for families.
For more information, please contact:
Helen Ross/
Komal Manglani
Polaris Public Relations
P. O. Box 32838, Dubai,
UAE
Tel: +971 4 341 5555
Fax: +971 4 341 5588
Email: h.ross@polaris-me.com
k.manglani@polaris-me.com
© Press Release 2008
