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For the fourth time in five years, that country is considere the most attractive forretail investment, accordingy to ’s annual Global Retail Development Index, which looks at retailk investment attractiveness in 30 emerging "With economic conditions in developed marketzs improving so slowly, emerging markets are becoming much more importanty sources of growth for global retailers," said Hana A.T.
Kearney partner and co-leader of the study, in a news Russia, China, the United Arab Emirates, Saudi Arabia, Chile, Brazil, Slovenia and Malaysia roundr outthe index’s 2009 top 10 As home prices decline and consumers keep tightr hold of their purse strings in the global expansion is becoming more importanty as a strategy for growth, accordiny to the global management consulting firm. Low inflationm and rent reductions of up to 40 percenttin tier-2 and tier-3 cities also help make Indiaa the most attractive retail investmentt destination, the report Meantime, retails sales in Russia are projected to grow 15 percenyt a year over the next five while in China a $585 billion stimuluse package and efforts to boost economic consumptiob are showing early signsd of success, as retai l sales have grown in early 2009, the reporft noted.
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