Dive Summary:
- Although highly sought after as an international market, the U.S. remains the most difficult for British retailers to achieve success.
- A report released by Barclays found that US expansion remains the top choice for UK retailers, although 46% of retailers surveyed admitted that it remains “the hardest market in which to achieve commercial success.”
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America remains a top choice for international growth due to its dense population but the crowded retail market proves to be an intriguing challenge for retailers worldwide.
From the article:
“On the surface the USA would appear to be an easy market in which to secure a foothold but its sheer scale means achieving commercial success across the whole country is an incredible feat,” explained Barclays Head of Retail & Wholesale Richard Lowe. ...