According to the latest Global Retail Development Index from management consultants A.T. Kearney, the economic downturn has made emerging markets increasingly relevant to global retailers.
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With declining sales at home markets, global expansion has increased in importance, A.T. Kearney has suggested. This is especially true given that, unlike most developed markets, GDP in emerging markets is expected to continue to grow and populations in many countries are younger, increasingly urban and showing a “growing interest” in modern retail formats.
Here are AT Kearney’s top ten emerging markets:
1. India
2. Russia
3. China
4. The United Arab Emirates
5. Saudi Arabia
6. Vietnam
7. Chile
8. Brazil
9. Slovenia
10. Malaysia
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