Peru Retail Report - Business Monitor International - Industry Reports

Peru Retail Report

Peru Retail Report - Business Monitor International - Industry Reports
Peru Retail Report
Published Aug 06, 2016
63 pages — Published Aug 06, 2016
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Abstract:

� Business Monitor International Ltd Page - public sector and curbing corruption. However, his initiatives will be challenged in Congress, where his party will have less than -- of all seats. ...E. Wong s plan comes after opening Mall del Sur, a USD---mn shopping centre in Lima, in March ----. Both regional and international brands are ramping up Peru expansion efforts: Promart (Intercorp, Peru) and Paris (Cencosud, Chile) announced intentions to continue opening multiple stores annually for the next several years. Hugo Boss, Under Armour and Austin Reed are gradually building their networks as all three firms have entered or will enter the Peruvian market in ---------. Total household spending will average an -.- annual growth rate in sol terms during ---------, propelling the size of retail sector past USD---bn mark at the end of the forecast period. A fast expansion of the middle class will be a key factor in generating sales for retailers: the number of households in the USD--,----plus income bracket will boom by --.- in only four years.

...BMI View: Household spending is likely to receive another boost in the medium term, following the election of pro-market ex-banker Pedro Pablo Kuczynski as Peru s next president. The projected solid growth is likely to become less risky under Kuczynski s leadership, which will likely have a positive effect on Peru s economy and consumer incomes. ...The projected solid growth is likely to become less risky under Kuczynski s leadership, which will likely have a positive effect on Peru s economy and consumer incomes. As for the supply side, the ongoing nationwide construction of shopping centres - led by a few large retail conglomerates - is rapidly increasing the availability of modern real estate, which is becoming more coveted by both regional and international clothing, household goods and department store brands. Consequently, Peru s retail sector will continue enjoying sustained growth, underlined by -.- sol-denominated growth in household spending this year. ...Consequently, Peru s retail sector will continue enjoying sustained growth, underlined by -.- sol-denominated growth in household spending this year.

...Peru is one of the fastest growing economies in the region. This will continue to be the case over the next five years, providing opportunities for retail development across the sector. ...

  
Source:
Document ID
2040-9060
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Peru Retail Report" Aug 06, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Peru-Retail-Report-2026-941>
  
APA:
Business Monitor International - Industry Reports. (2016). Peru Retail Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Peru-Retail-Report-2026-941>
  
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