Open a department store in your city, the global retail industry is set to rebound now
Along with the global development of the economy and upgrade of consumption, the fast-fashion retail industry is set to rebound now. Global Market has experienced varying degrees of growth in recent years. Amid these conditions, the customers can buy various products everywhere, especially in the department store located in the metro station nearby or the center of the city. “In Europe, where half the consumers can only afford the basics, there is a widespread success of discount retailers as consumers seek out lower prices and promotion. While in Latam, low and permium-priced sectors are growing, signaling to shift consumer spending ability and needs,” said Pedro Manosalva, Nielsen Global Markets, and Retail Leader. For the latest marketing research report < CHANGING CONSUMER PROSPERITY> of Nielsen Retail Measurement Services, Pedro Manosalva believes that consumers’ perception of their financial situation plays a role in the influencing the shape of the retail landscape. A...