Comments on: The Meat & No Wine Co. opening soon?

By: zaydoun

zaydoun — Sat, 28 Nov 2009 13:55:18 +0000

Why anyone would bring a franchise called The Meat & Wine Co. here is simply impossible to understand… WTF?! Ran out of franchises???

This is worse than the idiots who brought Trader Vics!

By: Les

Les — Fri, 27 Nov 2009 19:16:01 +0000

Mark – HaaMooR could be pranking you :)

By: Mark

Mark — Fri, 27 Nov 2009 18:25:11 +0000

oh, thats cool. Will be there.

By: HaaMooR

HaaMooR — Fri, 27 Nov 2009 18:19:51 +0000

Mark,

you are invited tomorrow at 8:00 PM along with Nat. there will be table under your name.

thanks

By: B_G_T_R

B_G_T_R — Fri, 27 Nov 2009 17:27:39 +0000

@Aziz:
thats true if he owned both 100% or in similar proportions (50-50 or 70-70 etc) but as it is today 60% (or something) of Mabani (owner of Avenues) and 100% of the stores and them not paying real rent prices there and getting first pick in terms of locations just do to the Arab-usual abuse of boards (AlMabani’s board) Then I suppose its the classic 100% ownership of private company combined w/ a partial yet influential ownership of a public company and where the transactions are not done at “arms’ length”………..But I think its the norm in our rotten business culture……after all the previous owners of Gulf Bank were doing that even since they got their hands on the bank!!!

By: Realist

Realist — Fri, 27 Nov 2009 04:39:07 +0000

360 could not be compared to the Avenues in terms of size and offerings. I agree that Alshaya have hijacked the retail market and almost monopolized it. The Avenues or any other mall should not be majority owned by any retail group because it a major conflict of interest. Tenants pay high rents because Alshaya pays low rents, very simple. I wonder how they will manage to secure enough tenants for phase 3 with this scheme in a recession.

By: Aziz

Aziz — Fri, 27 Nov 2009 02:23:23 +0000

@ B_G_T_R

Doesn’t AlSaha3 own avenues? If so, then is simply vertical integration my friend :)

By: Mark

Mark — Thu, 26 Nov 2009 14:55:37 +0000

I believe all the shops at 360 are spoken for already, the problem is the majority of them haven’t opened yet and that has nothing to do with the lack of alshaya stores.

By: B_G_T_R

B_G_T_R — Thu, 26 Nov 2009 14:52:45 +0000

@ Abdullah C
some ppl might even argue that it is the way it is because the Monopoly of Mr. Mohammad AlShaya3 is not being represented. Forgetting that at least someone someone/somebody/some entity MUST put up a fight against this hijacking of Kuwait’s shopping centers by his stores (do they pay market rent there at the Shavenues?!)

By: Abdullah C

Abdullah C — Thu, 26 Nov 2009 14:11:39 +0000

360 is a disaster. Was there last week, nothing much has changed since it first opened.

By: vampire

vampire — Thu, 26 Nov 2009 13:12:45 +0000

i tried it in UAE couple of times and was disappointed for the price i paid,, the steak suppose to be better

By: Dally

Dally — Thu, 26 Nov 2009 12:39:32 +0000

Not only meat company, but also ”Posh Cafe” will open tomorrow