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Kazakhstan enters top five developing retail markets

19 Jul 2016 12:00 AM | Anonymous

It may come along as a surprise, but in a report by AT Kearney’s Consultancy, Kazakhstan’s retail market was placed in fourth place out of developing countries markets, ahead of Indonesia and behind China, India and Malaysia respectively.

According to the report, the retail growth in developing countries “has far outstripped GDP and population growth”. Which has led to big brands like Adidas, Carrefour, Leroy Merlin and numerous food chains opening in the country or are in current negotiation.

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