The Global Retail Development Index™ is an annual study that ranks the top 30 developing countries for retail expansion worldwide. The Index analyzes 25 macroeconomic and retail-specific variables to help retailers devise successful global strategies and to identify emerging market investment opportunities. The GRDI is unique because it identifies today's most successful markets and those that offer the most potential for the future.
Global Retail Expansion: Keeps On Moving2012 Global Retail Development Index™
The 2012 A.T. Kearney Global Retail Development Index, the 11th annual edition, finds a wide array of possibilities for retailers seeking to capture an immediate impact and a growth advantage in developing countries. Global retail expansion today has a different profile than it had a decade ago when we published findings from the first Index. While the world's largest developing markets—particularly the BRIC nations of Brazil, Russia, India, and China—still tempt the largest global retailers and show no signs of slowing down, many smaller, untapped markets are providing new profit frontiers, particularly for regional and specialty players.
Highlights of the 2012 GRDI include:
- Brazil is the top country in the GRDI for the second straight year, leading the way for Latin America, which has 7 countries among the top 30. Chile is second once again, and Uruguay is fourth.
- China climbs to third place in the GRDI, as double-digit sales growth is expected. However, rents and labor costs are rising, so the market still has many challenges.
- Some of the smaller countries with attractive retail markets include Georgia, Oman, and Mongolia, all of which were unranked in the 2011 GRDI but are in the top 10 this year.
- With retail talent a critical differentiator in developing markets, finding and retaining talented workers is a core component to success. The Retail Talent Index, reintroduced this year, is led by Malaysia, whose low-cost labor and favorable regulations, and a well-educated population support the operations of international retailers that enter and expand in the market.
About the Index
Published since 2002, the GRDI helps retailers prioritize their global development strategies by ranking the retail expansion attractiveness of emerging countries based on a set of 25 variables including economic and political risk, retail market attractiveness, retail saturation levels, and modern retailing sales area and sales growth. The GRDI focuses on opportunities for mass merchant and food retailers, which are typically the bellwether for modern retailing concepts in a country.
- CCTV News, 27 September 2012
Hana Ben-Shabat, A.T. Kearney partner, discusses the significance of the Brazilian beauty market and companies that are opening new stores.
- Consumer Nation, 12 June 2012
With anemic growth in the U.S. and Europe, retailers are increasingly turning to less developed and smaller markets for their expansion, according to an A.T. Kearney report.
- 11 June 2012
Today A.T. Kearney’s Global Consumer Institute released the 2012 Global Retail Development Index (GRDI), a ranking of the top 30 developing countries for global retail expansion. Brazil, is #1 for the second year in a row driven by a growing middle class economy, high consumption rates, a large, urban population, and reduced political and financial risk. In addition, Brazil’s relatively young population and high per capita spending in the apparel and luxury sectors make this country a top destination for specialty retailers.
Bloomberg, 15 June 2012
Mike Moriarty, partner at A.T. Kearney, talks about the 2012 Global Retail Development Index and the outlook for the U.S. retail industry.
CNBC Africa, 12 June 2012
Willem Plaizier, partner at A.T. Kearney, discusses the 2012 Global Retail Development Index and the attractive African retail markets.
Europe, Middle East, and Africa