In 2011, the most popular online retailer Amazon has launched a new, not yet so known dedicated to an online sales website, called MYHABIT.Retailers from department store giants to discount outlets to furniture showrooms are unloading extra inventory during the summer months as they make room for the important back to school season. Moreover, the ongoing Dubai Summer Surprises is the most popular shopping festival in the Middle East with visitors from all GCC countries flocking to the city's shopping venues.
Retail operators burdened with merchandise that didn't sell as consumers hesitated in spending on non compulsory goods, particularly apparel, amid high food prices and an overall dull economy are price cutting in a big way.
