Close Menu
    Facebook X (Twitter) Instagram
    Monday, May 19, 2025
    961
    Instagram Facebook LinkedIn TikTok
    • Breaking News
    • Guides
    • Food & Drink
    • Listicles
    • Join the Team
    • Whatsapp
      • 961
      • 961 News
    • AUB Outdoors ☀️
    Advertise with Us Get the App
    961
    Home»News»Business & Economy
    1 Min Read

    Virgin Megastore Lebanon to operate only in malls

    By Grace HovsepianJanuary 19, 2018Updated:March 11, 2020
    Facebook WhatsApp Copy Link

    Recently, the iconic Virgin Megastore in Downtown Beirut

    closed and moved to ABC Verdun

    . According to

    sources

    , the company decided to operate only in malls. The former Minister Marwan Kheireddine is the major shareholder of Virgin Megastore in Lebanon. He said that people prefer going to shopping centers instead of retail streets. Also, the shopping trend changed: people are streaming music and watching movies online rather than buying CDs and DVDs. The high operational costs of Virgin Megastore’s branch at the Opera House building were challenging. The rent costs $1 million. The business slowed down in the area due to construction work and roadblocks. For a long time, barriers and obstacles around the Nejmeh Square’s different entrances prevented pedestrians and drivers from going there. Stores and restaurants in the area were negatively impacted. Many retailers closed down their shops. However, people have access to the square again! Beirut will be celebrating the square’s reopening this Sunday! Make sure to attend the

    event

    !

    Share. Facebook Twitter LinkedIn WhatsApp Reddit Email

    For You

    visa whish money partnership

    Visa and Whish Money Just Partnered To Push Digital Payments in Lebanon and Abroad

    uae travel ban lebanon 961

    UAE Is Officially Removing The Travel Ban On Lebanon

    Joe Issa El-Khoury 961

    Who is Joe Issa El-Khoury, Lebanon’s New Minister of Industry

    Tamara El-Zein 961

    Who is Tamara El-Zein, Lebanon’s New Minister of Environment

    Adel Nassar 961

    Who is Adel Nassar, Lebanon’s New Minister of Justice

    Nizar Hani 961

    Who is Nizar Hani, Lebanon’s New Minister of Agriculture

    Ampere Cinema Reopens Its Doors In North Lebanon After 28 Years Of Absence

    20 Celebrities You Probably Didn’t Know Had Lebanese Roots

    April 22, 2019
    saint levant aub outdoors 2025 961

    Saint Levant Is Officially Headlining AUB Outdoors 2025!

    May 7, 2025

    Lebanon’s Shawarma Is Going Viral in The Philippines

    April 21, 2019

    20 Typical Lebanese Slang Expressions

    April 21, 2020
    dew apparel nada koussa miss lebanon 961

    Miss Lebanon Nada Koussa Just Launched A Sportswear Brand

    May 3, 2025
    Lebanese boutiques

    25 Boutiques In Lebanon To Find Your Dream Evening Dress This Wedding Season

    June 9, 2024
    nada koussa miss world miss lebanon 961

    Nada Koussa Just Left To Represent Lebanon At Miss World

    May 7, 2025
    arabic words

    30 Beautiful Arabic Words You Probably Want To Learn

    April 22, 2020
    Fattoush

    Lebanon’s Fattoush Ranked One of the Best Salads in the World (Again!)

    April 16, 2025
    961 Logo
    Facebook WhatsApp TikTok Instagram

    Popular Topics

    • Guides
    • Eat & Drink
    • Listicles
    • Lebanon News
    • Diaspora
    • Explained

    961

    • About
    • WhatsApp Channel
    • News WhatsApp Channel
    • Corrections Policy
    • Ownership & Funding

    Services

    • Advertise
    • Careers
    • App Waitlist
    • Contact Us
    • Newsletter
    961™ | All Rights Reserved ©2025
    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Okay