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Wednesday, Feb 12, 2025

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RLC Global Forum to Address Future of Saudi Arabia’s Retail Landscape

Over 100 speakers from 600 organizations will meet in Riyadh to discuss the future of Saudi Arabia's retail sector amidst digital and economic transformations.
The Retail Leaders Circle (RLC) Global Forum 2025 will be held in Riyadh, Saudi Arabia, on February 4-5, bringing together over 100 speakers from more than 600 organizations.

The event will focus on collaboration in response to digital innovation, economic reforms, and shifting consumer behaviors in the retail sector.

Themed 'Rebuilding a Shared Future,' it will address strategies to adapt to these changes and enhance cooperation.

With Saudi retail sales reaching SR37.4 billion in Q3 2024, the sector continues to thrive despite global economic uncertainties.

The retail market is expected to grow to $161.4 billion by 2028, with e-commerce surpassing $13.2 billion by 2025. Vision 2030 has spurred significant digital transformation and diversification in retail, offering both challenges and opportunities.

The forum, attended by industry leaders and investors, will explore solutions, including the role of artificial intelligence and e-commerce in enhancing customer engagement and operations.

Retail growth is also being fueled by mega-projects like NEOM, ROSHN, and Diriyah Gate.

The event aligns with Saudi Arabia's broader Vision 2030 goals to diversify its economy and establish itself as a global retail hub.

Investors and businesses are encouraged to embrace innovation and adopt omnichannel strategies to stay competitive in the evolving market.
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