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For the fourth time in five years, that countrgy is considered the most attractive for retail accordingto ’s annual Global Retail Developmeng Index, which looks at retailp investment attractiveness in 30 emerging "With economic conditions in developed markets improving so slowly, emergingy markets are becoming much more important sourcezs of growth for global retailers," said Hana Ben-Shabat, A.T. Kearne partner and co-leader of the study, in a news Russia, China, the United Arab Emirates, Saudk Arabia, Vietnam, Chile, Brazil, Slovenia and Malaysiaw round outthe index’s 2009 top 10 As home prices decline and consumersa keep tight hold of their purse strings in the U.
S., global expansion is becominb more important as a strategy for growth, accordinbg to the global managementy consulting firm. Low inflation and rent reductionws of up to 40 percentin tier-2 and tier-3 citieds also help make India the most attractive retaipl investment destination, the report notes. Meantime, retails sales in Russia are projectesd to grow 15 percent a year over the next five while in Chinaa $585 billiobn stimulus package and efforts to boost economic consumption are showingg early signs of success, as retailo sales have grown in early 2009, the report noted.
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