November 17, 2011
MAPIC 2011 – Expanding footprint in emerging economies: a retailer’s portfolio of high-yielding stocks
International retailers are increasingly looking to the developing world, but a proper expansion strategy is crucial.
Emerging economies are opening up new worlds of possibilities for international retailers, with a slowing ‘developed world’ and increasingly favorable local market dynamics to support growth. As Asia, South America and the Middle East ascend as “preferred destinations” for trade and business, it is time for retailers to plan their expansion strategies in order to seize the opportunities presented by these diverse markets.
Our panel of speakers looked at the country-specific fundamentals of the retail story in the developing world.
Pankaj Renjhen, Managing Director- Retail Services, Jones Lang LaSalle Property Consultants (India) Pvt. Ltd. (India)
S. Raghunandhan, CEO-Retail, Prestige Estates Projects Ltd. (India)
Beng Chee Lim, CEO, CapitalMalls (Singapore)
Mehmet Even, Assistant General Manager, Zorlu (Turkey)
Fernando de Pena, Vice-President, MallPlaza (Chile)