Last Updated:2022/12/24
Although Britain is one of the world's most lucrative markets, with retail sales of £286bn last year, expensive shop rents and world-class local competition have kept international groups at bay. Indeed, some analysts put the UK in the never fight a land war in Asia
category due to the challenges posed by the market.
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Although
Britain
is
one
of
the
world's
most
lucrative
markets,
with
retail
sales
of
£286bn
last
year,
expensive
shop
rents
and
world-class
local
competition
have
kept
international
groups
at
bay.
Indeed,
some
analysts
put
the
UK
in
the
"never
fight
a
land
war
in
Asia"
category
due
to
the
challenges
posed
by
the
market.