retail sector in turkey. indicators of retail total turnover in 2008: $160 billion; 60 billion in...

14
RETAIL SECTOR IN TURKEY

Upload: melinda-buzbee

Post on 14-Dec-2015

225 views

Category:

Documents


5 download

TRANSCRIPT

RETAIL SECTOR IN TURKEY

INDICATORS OF RETAIL

TOTAL TURNOVER IN 2008: $160 BILLION; 60 BILLION IN ORGANIZED RETAIL

SALES AREAS HAVE REACHED 17,5 MILLION SQUARE METER

2,8 MILLION EMPLOYEES IN TOTAL, 408.000 EMPLOYEES IN ORGANIZED RETAIL

NUMBER 7 RETAIL SECTOR IN EUROPE,

NUMBER 10 RETAIL SECTOR IN GLOBE

NUMBER 5 IN FOOD SPENDING,

NUMBER 8 IN NON-FOOD SPENDING In EUROPE

Sources:TCSCR, Cushman& WakefIeld and DeloItte Reports.

INDICATORS OF RETAIL

BREAKDOWN of SHOPPING CENTERS

TYPE UNIT GLA

SMALL (5,000-20,000 SQ.M) 103 1,139,404

MEDIUM (20,000-40,000 SQ.M) 42 1,194,066

LARGE (40,000-80,000 SQ.M) 23 1,197,463

VERY LARGE (>80,000 SQ.M) 6 592,559

OUTLET 29 705,721

THEME/FESTIVAL 3 30,673

TOTAL 206 4,859,866

Source: Jones Lang LaSalle

Source: 9th Development Plan, Plan for 2009, State PlannIng OrganIzatIon (e: best estImate for 2008)

EXPECTED 5.6% GROWTH BETWEEN 2005–2050;

FORECAST FOR 2009-2010 BY IMF IS -1,5% In 2009, 3,5% In 2010

FOREIGN DIRECT INVESTMENT: 2.2 % OF GNP In 2008

$17,7 BILLION NET TOTAL FOREIGN DIRECT INVESTMENT In 2008

MACROECONOMIC INDICATORS of TURKEY2005 2006 2007 2008e

GDP (BILLION USD)

482

526

657 768

GDP PER CAPITA (USD)

6.993 7.550

9.305 11.228

GDP PER CAPITA (USD -PPP)

10.852

11.588

13.023 13.998

ANNUAL GROWTH RATE

8,4 6,9

4,6

4,0

DEMOGRAPHIC INDICATORS of TURKEY

YOUNG AND HIGH POPULATION

71 MILLION POPULATION 15-64 YEARS 67% 0-14 YEARS 26% 0-25 YEARS 44% AVERAGE AGE: 28,5

SECOND LARGEST POPULATION of EUROPE

YOUNGEST POPULATION In EUROPE

DEMOGRAPHIC INDICATORS for RETAIL

60% OF THE SHOPPING CENTER VISITORS ARE BELOW 30 YEARS OF AGE.

SHOPPERS INDEX*: SHOPPER INDEX REFLECTS THE FREQUENCY OF THE ACT OF SHOPPING FROM ANY OF SELECTED CATEGORY OF GOODS (APPAREL, FMSCG, TEXTILE, RESTAURANT, ELECTRONICS ETC.)

AVERAGE SHOPPER INDEX FOR TURKEY :34

SHOPPER INDEX FOR 15-24 YEARS: 38

AVERAGE SPENDING: 41 TL

AGE GROUP 25-34: 53 TL

*IPSOS KMG

RETAIL INDEX BY TCSCR

ANNUAL RATE OF GROWTH 2007 2008

NET REVENUES 10% 7%

NUMBER OF EMPLOYEES 24% 9%

SALES AREA 25% 19%

CURRENT SITUATION

CHANGE IN TCSCR RETAIL INDEX IN JAN 2009 COMPARED TO JAN 2008

REVENUE INDEX: %1 INCREASE

SQUARE-METRE INDEX: %18 INCREASE

REVENUE PER SQ. M INDEX: %6 DECREASE

EMPLOYEE INDEX: %3 INCREASE

NUMBER OF RECEIPT INDEX: %16 INCREASE

EMPLOYMENT GREW MORE THAN SQUARE-METER GLA

CURRENT SITUATION

EXPECTATIONS & FORECASTS

REVENUES AND GLA GROWTH; YET AT A SLOWER RATE

2009: YEAR TO DIGEST THE LARGE INVESTMENTS RECEIVED

REVENUE PER SQUARE METERS MAY DECREASE

INCREASE IN RECEIPT NUMBERS WILL CONTINUE: CONSUMERS WILL SHOP MORE FREQUENTLY BUT IN LESSER AMOUNTS

OPPORTUNITIES in TURKEY

$ 14 000 PER CAPITA INCOME (PPP ADJUSTED) & INCREASING DISPOSABLE INCOME

71 MILLION POPULATION & DEMOGRAPHICAL DYNAMICS

PROMISING ECONOMIC OUTLOOK

TRANSITION REGION BETWEEN EUROPE, CENTRAL ASIA, MIDDLE EAST AND AFRICA

PRODUCTION FACILITIES

CUSTOMS UNION WITH EU: THIRD LARGEST SHARE IN EU TEXTILE MARKET

NET EXPORTER IN:

TEXTILES& WEARING APPAREL

MOTOR VEHICLES AND MACHINERY

FOOD PRODUCTS AND BEVERAGES,

MANUFACTURE OF METAL PRODUCTS

RUBBER AND PLASTIC PRODUCTS

WHY TCSCR?

OUR MISSION IS TO INSTITUTIONALIZE AND MODERNIZE THE TRADITIONAL IDENTITY OF THE RETAIL SECTOR.

OUR OBJECTIVE IS TO ENSURE THAT THE MODERN RETAIL SECTOR BECOMES THE DETERMINING PART OF THE RETAIL SECTOR WHICH IS ALREADY ONE OF THE LEADING SECTORS OF TURKEY

BY THE END OF 2008:

354 MEMBERS

REPRESENTING ANNUAL REVENUE AROUND 40 BILLION USD

WHY TCSCR?TCSCR....

...IS THE LEADING ORGANIZATION OF THE SECTOR

...IS THE SOURCE OF DATA AND INFORMATION FOR THE SECTOR

...DEALS WITH ALL KINDS OF LEGAL AND LEGISLATIVE PROBLEMS OF THE ORGANIZED RETAIL AND SHOPPING CENTER SECTOR AND PRODUCES EFFECTIVE SOLUTIONS

...BRINGS GLOBAL KNOW-HOW TO TURKEY

...ORGANIZES SEMINARS AND WORKSHOPS IN ORDER TO UPDATE SECTORAL KNOW-HOW

...BRINGS CONCRETE SOLUTIONS FOR THE EMPLOYMENT PROBLEMS OF THE SECTOR

...STRIVES TO RAISE THE STANDARDS OF THE SECTOR

...IS A SECTORAL COMMUNICATION CENTER

...CREATES AN EXTENSIVE SECTORAL RELATION NETWORK

...PERFORMS ACTIVITIES TO RAISE THE STANDARDS OF THE SOCIETY

WHY TCSCR?

TCSCR PROVIDES FULL SUPPORT TO ALL THE PROCESSES AND EFFORTS TO IMPROVE THE TURKISH RETAIL SECTOR.

1) SUGGESTIONS TO THE GOVERNMENT:

• TAX-FREE SHOPPING DAYS THROUGHOUT 2009

2) “SHOPPING PARADISE” FOR TOURISTS

3) INCREASING & PROMOTING ENERGY EFFICIENCY

ORGANIZED RETAIL IS THE ANCHOR OF THE TURKISH ECONOMY

THANK YOU