Global Retail Expansion at a crossroads

12:38 PM

A.T. Kearney has recently released Global Retail Development Index (GRDI) being published since 15 years, suggests that amid ongoing economic turbulence, developing markets continue to offer retailers some prime opportunities for growth. India’s improved ease of doing business, and better clarity regarding foreign direct investment (FDI) regulations puts India in 2nd place that was placed at 15th Position in the GRDI 2015 index. China still remains the undisputed leader despite slow growth in economy.

Four out of the top five countries are in Asia, despite continued economic challenges and transformation. There are other promising players that emerged like a shining star - Malaysia(3rd) & Indonesia (5th) - showing promising results in terms of retail opportunities


.While on the other hand, there are few countries where political unrest and economic deceleration have hurt retail like Latin America, Russia and Middle East.The report findings reflect the struggles many markets face with shifting economic and political realities.

While the report further envisages the driving factors that would build future of retail - trade openness and the evolution of retail and consumer technology. The report further predicts that by 20130, there will be US $8 trillion swing in global retail sales.

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