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Retailers embrace novel plans of expansion
01
Aug '11
Retail expansion is a portfolio game, with a blend of success and failures. Recouping from recession blues, retailers are currently in expansion mode, developing their networks, and expanding into new markets. A research report states that retailers planning for expansion have increased by 19% in 2011.

Retailers seeking to expand their business must be capable of analyzing various retail specific variables. They need to devise successful expansion strategies and identify emerging markets, and investment opportunities.

Vigorous initiatives from the retailers regarding expansion plans indicate a positive outlook for consumer spending in the fashion apparel sector. Apparel retailers are attempting to make the maximum utilization of this opportunity.

Discreet retailers are rewarded for their long term outlook of business, maturity with varying consumer preferences, and ability to balance opportunities.

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Fibre2fashion News Desk - India

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