Luxury goods retailers have emerged as the most active and expansive retail sector, responsible for more than 23% of new store openings during the past year, according to the new edition of How Global Is The Business of Retail? by real estate adviser CB Richard Ellis.
CBRE’s annual survey mapped the global footprint of 294 of the world’s top retailers across 69 countries, exploring the globalisation of the retail industry at national and city levels and highlighting differences between sectors and regions, thereby identifying trends in the patterns of global retail expansion.
Source: propertytalk Live!.