Jarir Chairman Says 2 Stores to Come Online This Quarter

The video discusses the current consumer sentiment in the Kingdom, highlighting a strong sales quarter compared to the previous year. Despite challenges with lower margins in electronics, the company has seen improvements in overall margins and positive same-store sales. Expansion plans include opening new stores, primarily in the Kingdom, and growing e-commerce to reach more customers. The company is focused on protecting and expanding its market share while improving customer experience.

What was the consumer sentiment in the Kingdom during the recent quarter?

• Very healthy

• Not very healthy

• Unchanged

• Declining

How is the company addressing the challenge of lower margins in electronics?

• By increasing marketing costs

• By discontinuing electronics

• By improving margins and offering rebates

• By reducing prices

What is the company's guidance for top line and bottom line growth by the end of the year?

• No growth

• High single-digit growth

• Negative growth

• Double-digit growth

How many new stores does the company plan to open this year?

• 6 stores

• 22 stores

• 10 stores

• 15 stores

What is the company's strategy for expanding its market share?

• Focusing solely on physical stores

• Expanding e-commerce and improving customer experience

• Reducing investment in e-commerce

• Focusing only on the Gulf region