Although expansion plans have been delayed for some Indian retailers due to the economy, Asian countries are ripe for retailers like Tesco and Walmart. According to Retail Week, “increasingly affluent, urban and brand-conscious consumers” make this part of the world the next great place to set up shop.
Walmart has already taken notice, setting up partnerships in India to smooth entry into this market. As the bellwether of retail, others are sure to follow their lead. Click here for the full story.
