The retail world is becoming a borderless global marketplace, according to Cushman & Wakefield's Retail MarketView report. Mature retail and gateway cities serve as the foundation, while emerging markets are the primary drivers of growth.
"There is a tremendous opportunity for increases in personal spending among the fast-growing middle class in emerging markets, and it's creating a new population of shoppers," said Glenn Rufrano, Cushman & Wakefield's President and Chief Executive Officer.
The prospects for economic growth in emerging markets
