Summary of Consumer Goods and Retail

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Rating

7 Overall

7 Importance

8 Innovation

7 Style


Recommendation

The Economist Intelligence Unit’s overview of trends in global consumer goods and retail markets through 2017 offers worthy analysis and information. It’s a road map that identifies the best destinations to steer toward, as well as the trenches and dead ends to avoid. getAbstract recommends this statistics-heavy article to all manufacturers, retail professionals and investors seeking a route ahead in a still-uncertain world.

In this summary, you will learn

  • How consumer and retail growth will shift further to developing markets such as China;
  • How “big box” stores and high street retailers will adapt to expanding and developing e-commerce, m-commerce and s-commerce (selling via social media);
  • Why this expansion requires compromise between traditional and modern selling modes.
 

About the Author

The Economist Intelligence Unit is an independent research and analysis unit of the Economist Group.

 

Summary

In the recovery from the 2008 crisis, emerging economies such as China, India and Russia, have dominated retail growth. China will become the world’s largest retail market in 2013; by 2016, China’s annual retail sales will be worth approximately 50% more – “in dollar terms” – than US sales. India is on the cusp of massive growth. Sub-Saharan Africa, though restrained by poor infrastructure and politics, may not be far behind. Rising demand and supply problems caused by poor harvests will increase commodity prices, and food producers will pass those costs onto consumers. Producers must balance competing on price against rising...


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