57 Days
Source:
الاقتصادية
"Jarir" to "Al-Eqtisadiah": No consumer purchasing hesitation or stock shortage concerns observed
Jarir, the largest retailer of computers in the Middle East, reported that it has not observed any hesitations from consumers in purchasing or issues in stock availability due to the Iranian war, and expects product availability to remain unaffected for the rest of the year. The company's profits increased by 19.4% in the second quarter, reaching 235.6 million riyals. E-commerce sales accounted for more than 32% of total sales, with the online business valued at approximately three and a half billion riyals. The company anticipates benefiting from the availability of school supplies and supporting its expansion plan by opening 5 to 6 new branches in 2026. It also plans to continue improving inventory management and maintain growth in the third and fourth quarters, despite some challenges in electronic components.
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