The Vietnamese retail industry has emerged as a preferred investment destination for foreign players owing to rising per capita income, GDP growth and favorable business conditions.
After witnessing a slump in the previous month, retail sales in the UK grew by 1.9% year-on-year in May 2008 due to warm weather conditions and rising consumer confidence.
Turkey’s total retail expenditure reached $221.6 Billion in 2007 with about $125.6 Billion expenditure on food and drinks, making up for 56.7% of total expenditure, says GYODER.