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Saturday , March 28 2020

Steep rise seen in Ramadan sales – Customers flock to co-ops

KUWAIT CITY, May 27: The sales of consumer products in cooperative societies have increased by 25% and 40% since the beginning of Ramadan, and offers and festivals have succeeded in attracting customers, reports Al-Qabas daily.

Many cooperatives have been successful in providing promotions for a variety of 800 products, while the highest demand was for Ramadan products. Al-Qabas said heads of some cooperative societies, who agreed that the prices advertised in the Ramadan festivals are only nominal that achieve the social benefit of the shareholders and the leaders of the associations.

Chairman of Al-Fintas Cooperative Society Aweys Al-Subaie revealed that the percentage of sales in the first half of Ramadan compared to the same period of previous months increased by between 20 and 25%. He pointed out that the sale on the first day was 58,000 dinars, the highest recorded for a single day since its establishment in 1984.

The Chairman of Mishref Cooperative Society Abdulrahman Al Qudairi confirmed the increase in sales by about 50%, stressing on the keenness of the cooperative to provide the most vital requirements and items in large quantities.

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