Posted on August 06, 2018

Dubai is set to build the world's biggest mall again

On January, 2019

When it comes to winning the “biggest in the world” category, Dubai is competing with itself. Already home to one of the world’s largest malls, the city announced plans this week for Dubai Square, a new mall that will cover eight million square feet, nearly double the size of the Dubai Mall.
Dubai Holding, the government’s global investment holding, and the developer Emaar published a release about the project, proclaiming a new era of retail where lines between online and in-store shopping are blurred and social spaces are paramount.
Across the world, retailers are trying to figure out the best combination of online and in-store options. In the United States, 2018 is on track to become a record-breaking year for closing retail space. Mall staples like JC Penney and Sears are shuttering stores to minimize costs. While central malls in Dubai are still experiencing high retail occupancy, they can't ignore the online shopping trend. Dubai Square will expand retail space to include stores that act like brick-and-mortar showrooms for online merchandise.

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