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London is number one target for international retailers

London has reclaimed the number one position as the most targeted market for international retailers, according to the 2012 edition of How Global is the Business of Retail? by leading global property adviser CBRE.CBRE’s annual survey - now in its fifth year - mapped the global footprint of 326 of the world’s top retailers across more than 200 cities to identify trends in global retail expansion at national and local levels. The report found that retailers expanded into a wide range of markets in 2011, with 74% of the countries in the survey seeing at least one new retailer enter the market last year. The overall global footprint of retailers grew 2.1%, similar to the previous year, demonstrating that retailers continue to grow their cro...[…]