9/13/2010

Deloitte report: Turkey emerging in the retail sector

Radikal - A report from Planet Retail, a retail analyst firm hired by Deloitte, has identified the most attractive emerging markets for global retailers. The “Hidden Heroes: Emerging retail markets beyond China” report highlights Turkey as an emerging market with its growing population, high level of urbanization and thriving middle class.

 

The report listed the free market economy, low-cost labor and proximity to Europe as Turkey’s strong points and underlined the significance of the country as a production base for European markets. “Turkey will also benefit from the economic development in Russia, Central Europe and the Middle East”, the report stated.

turkey; retail sector; retail market; global retailer; planet retail; deloitte; production base

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