Now in its 10th year, CBRE’s How Global is the Business of Retail? report identifies the target markets of international retailers globally.
International retailers targeted a wide range of new markets in 2016. 89% of surveyed cities saw at least one new international brand enter. Retailer activity increased by 2% in 2016, down from the 3.1% increase registered last year, indicating a slowdown in retailers’ global expansion. The vast majority of the top 15 cities targeted by retailers for the first time last year are mature markets.