Saudi Retailer eXtra CEO Sees Better Second Half Than First Half

The video discusses the impact of subsidy cuts and labor market changes on Saudi consumers, leading to reduced disposable income and a shrinking market, particularly in consumer electronics. It highlights the consolidation in the retail sector, with big retailers benefiting from the closure of independent stores. The company is focusing on online growth and supply chain improvements. The market outlook for the second half of the year is stable, driven by economic factors and new technology releases. The World Cup did not significantly boost sales as expected.

What strategies is the company implementing to compete in the online market?

What are the expectations for the consumer electronics market in the second half of the year?