The Wall Street Journal reports today that Brazil has risen by one level this year to the eight position in the list of fastest retail development growth emerging markets. The study lists 30 nations and take into account items as political and macroeconomic risk, market attractiveness, retail expansion,…
“Brazil continues to be the most attractive option for retailers internationally,” the study said. “With a larger population and the strongest economy in Latin America, the country should recover from recession more quickly.”
While in Belgium Carrefour is struggling for surival, it will open 70 new stores in Brazil thius year. Wall Mart will open 100 new stores and local Pao de Acucar will open 100 new stores.
When you in Brazil you should really take the time to visit ba flagship store of Pao de Acucar.
Tags: retail
