TMS will enable landlords to maximise leased space and will be particularly useful in the retail market in Saudi Arabia
Increasing number of ‘mega malls’ sees demand for innovative tenant management system to manage leased space for profitable returns
Eurostop has announced a new partnership with IMCC Group, an engineering and construction services provider in Saudi Arabia, to widen distribution of Eurostop’s Tenant Management System (TMS) in the area. As an appointed reseller, IMCC will be licensed to provide Eurostop’s retail management solution for shopping mall landlords in the Middle East. Eurostop already has clients using the solution in Singapore and throughout Asia. IMCC Group was established to accommodate the increased demand in construction services in Saudi Arabia, with a portfolio including the beauty emporium Sephora, Saudi Post and Pepsi. The strategic alliance will enable shopping mall enterprises and other revenue-based leased properties to deploy Eurostop’s TMS, supported by local and established expertise.
TMS is an innovative solution that enables mall owners and landlords to collect sales data from tenants in order to calculate the rental due, based on a percentage gross turnover (GTO) model. The solution operates seamlessly for the retailer, providing instant, up-to-date information to the landlord. It is provided as a fully hosted and serviced product.
Dr Halawani, Founder and CEO of IMCC Group, commented; “We are pleased to have secured this partnership with Eurostop. Our focus will be to achieve the best results for our clients, implementing this innovative technology quickly and efficiently and driving maximum return on investment for the leaseholders.”
Richard Loh, CEO of Eurostop, said; “The retail landscape in Saudi Arabia is developing at a rapid pace and is an exciting opportunity. TMS will enable landlords to maximise leased space and will be particularly useful in the retail market in Saudi Arabia, where the number of sophisticated mega malls is increasing rapidly. We wanted a partner that could help us to deliver our technology to the region with a professional and quality approach, and I am delighted to be working with Dr. Abdulatef Halawani and his team.”
Eurostop’s current clients in Singapore using TMS include Frasers Centrepoint and Tanjong Pagar Centre (GuocoLand), Katong Square and SingPost. Eurostop provides sales and support to customers across Asia from its offices in Shanghai and Xiamen in China, Kowloon, Hong Kong and Singapore.
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About IMCC Group
IMCC Group specializes in engineering & contracting, Digital Signage, Software Applications and was launched to accommodate the increased demand in business services in Saudi Arabia.For more information please visit: IMCC Group
With over 25 years’ experience, Eurostop provides a range of products and services to help retailers of all sizes in the fashion, footwear and lifestyle sectors manage their business. Founded by retailers Eurostop demonstrates time and again its deep understanding of the issues that retailers face every day.
Eurostop solutions manage EPOS, stock control, merchandise, fulfilment, warehouse picking and packing, and footfall. To ensure that retailers get the best out of the systems and keep on top of their business, Eurostop provides a range of easy to use analysis and reporting tools. Eurostop systems integrate with all the major ERP and e commerce platforms, providing customers with a truly best in class approach.
People use Eurostop’s systems in over 30 countries worldwide, and are supported from operations in London, Singapore, Shanghai, Xiamen and Hong Kong. High profile customers include: ANTA, Aquascutum, Erke, FatFace, Help for Heroes, Marks & Spencer, Missguided, Pavers Shoes, Pretty Green, Pentland Brands Plc, Tiso, Trespass and many more.
For more information visit: Eurostop or contact:
Tel: +44(0)20 8991 2700
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Tel: +44 (0)1491 845553
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