In April 2008, the Chinese retail sales of consumer goods recorded an increase of about 21.5% and reached nearly 814.2 Billion Yuan, says National Bureau Statistics.
The Swedish retail market experienced 0.4% growth in April 2008 due to high sales of value items, clothing, furniture and increasing disposable income.
Japanese supermarket sales registered a decline of 0.8% in April 2008 for the first time in three months of 2008 due to rising costs of essential commodities like food and fuel.
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.