Retailers are realising that it is better to be strong in a few countries than weak in many, according to a new report from IGD on globalisation.
Even the best global operators are under pressure to divest underperforming assets in markets where they are never going to achieve the scale to compete effectively, said business manager, international research, Louise Spillard.
She predicted that prompt market exits were possible from Ahold in central Europe and Asia, Delhaize in Thailand and Singapore, and Casino in Argentina and Taiwan.

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