Jobs
Properties
Search
Categories
Companies
People
Sectors
Topics
Newsletter
View latest issue
Subscribe
Update my subscription
Unsubscribe
Submit News
Search
Categories
Business
Research
Calculation
Tools
Newsletter
SUBMIT NEWS
CHAMPION OF THE DAY
LEADERS NEWS
Bach Design now in Khaldeh
$2-million investment in furniture store
Share
Local furniture retailer Bach Design will be opening its third branch in early 2013. The new store, located in Khaldeh, will cover an area of 1,000 square meters, spread over three floors.
The store already owns outlets in the Ras El Nabeh and UNESCO areas.
Mohamad Bach, store owner, said that around $2 million were invested in the new branch. “Despite the economic slowdown, furniture is still on demand, but definitely at a slower pace,” he said.
The stagnant market is not a great motivator for new store openings. Bach said that being owners of the store, with no rent to pay, makes their business more profitable. “We will expand our business further if the situation improves,” he said.
Reported by Rana Freifer
Your browser does not support iframes.
Date Posted:
Nov 27, 2012
Share
Your browser does not support inline frames