This document discusses opportunities and dynamics in Asia's retail sector. It finds that Asia is growing in importance for retail companies due to its large population and rapidly rising incomes. Retail sales in Asia are forecast to grow at 10.2% annually through 2018, much higher than the global average of 6.9%. While Asia's homegrown retailers have experienced high revenue growth of around 21% annually, profit growth has been harder to achieve due to challenges like rising rents, staff shortages, and intense competition. The retail sector in Asia remains highly fragmented, suggesting opportunities for further consolidation.
14. While every effort has been taken to verify the accuracy
of this information, The Economist Intelligence Unit
Ltd. cannot accept any responsibility or liability
for reliance by any person on this report or any of
the information, opinions or conclusions set out
in this report.
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