Coniq Triumphs at Retail Congress Securing Award for Retail Innovation in Partnership with AW Rostamani Lifestyle

Coniq is proud to announce its victory at this year’s Retail Congress Awards 2023, organized by the Middle East Council of Shopping Centres & Retailers (MECS+R). The event, held in Dubai, brought together the most prominent figures in the retail industry, spotlighting the latest trends and opportunities in the sector.

Coniq's partnership with AW Rostamani Lifestyle saw them take home the award for Service Excellence and Technology Innovation. Coniq’s story with AW Rostamani Lifestyle showcased the ongoing success of their exclusive VIP Program with members contributing to 28% of the total revenue. Find out more about the AWR their story here.

The award serves as a testament to Coniq's commitment to creating innovative solutions and pushing the boundaries of retail technology. The collaboration between Coniq and AW Rostamani Lifestyle exemplifies the kind of partnerships that are driving the retail industry's future. Combining cutting-edge technology and a deep understanding of customer behavior, Coniq, and AW Rostamani Lifestyle are setting new standards for retail excellence.

"We are honored to receive recognition at Retail Congress 2023, alongside our partners at AW Rostamani. Coniq is excited to continue its journey of innovation, and we remain committed to pushing the boundaries of customer engagement as we extend our influence throughout the region."

Ben Chesser, CEO and Founder of Coniq

Key Takeaways from Retail Congress 2023: 

• New Retail Energy in the MENA Region: The Middle East and North Africa (MENA) region is abuzz with a particular focus on the Kingdom of Saudi Arabia (KSA). KSA's ambitious Vision 2030 and its growing economy have positioned the nation at the forefront of the retail evolution in the region. This shift highlights the immense potential for growth and development in the retail sector, making it an exciting market for industry players and investors.
• Emphasis on Re-Investment: Retail Congress highlighted the importance of continuous improvement, innovation, and adaptation across the MENA region. It was a resounding reminder that to remain competitive in this dynamic market, every player must reinvest in their strategies and technologies. This focus on reinvestment signifies a commitment to staying ahead of the curve and meeting evolving consumer expectations.
• KSA's Exceptional Focus: Saudi Arabia's exceptional commitment to re-investment was a standout theme at the event. The nation is leaving no stone unturned in its quest for retail excellence. This commitment is comprehensive, extending across a broad retail spectrum, and encompasses innovations in technology, store design, and customer experience. As a result, KSA is emerging as a significant region to watch in the future of retail, with the potential to set new benchmarks for the industry.