The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: The US retail sector will remain one of the most attractive markets for investors over the course
of our forecast period as a result of the country's mature business environment and increasingly affluent
population based in urban centres. The US retail sector's position as one of, if not the, world's most
innovative and developed markets only serves to boost its attractiveness. In the short term, concerns over
the strength of the economic recovery and alterations in consumer habits may stunt investment and growth,
but over the long term the sector will see growth as real wages and employment levels increase.
Key Recent Developments
? In July 2016 the National Retail Federation (NRF) raised its forecast for US retail sales growth for the
year from 3.1% to 3.4% on the back of high consumer confidence and almost 4% growth in retail sales in
H116. A key driver of growth remains online and non-store sales, which the NRF forecasts to rise
between 7% and 10%, up from between 6% and 9% previously.
? The Federal Trade Commission approved the merger of the Delhaize Group, owner of Food Lion, and
Royal Ahold NV, owner of Stop & Shop, in July 2016, in a deal that creates the fourth largest supermarket group in the US. The deal is worth USD29.0bn, and the new company has stated that it
expects to make 61% of its total revenue in the US from the 6,500 shops it operates under a wide range of