As per Deloitte Haskins and Sells, the Indian organized retail market is rapidly growing and is expected to account for 25% of the total retail revenue by 2011.
The New Zealand retail sales fell by 1.2%, the fastest pace in last 11 years, in Q1 of 2008 due to rising interest rates and petrol prices, and decline in consumer spending.
An increase of 6% for 12 weeks to April 20, 2008 was witnessed in the earnings of UK’s grocery sector due to the well-documented food price inflation, says TNC Worldpanel.
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