European Retail markets

Britain keeps on spending .. The German retail market is the largest by volume. The UK, however, is the largest both as a proportion of GDP as well as in absolute eCommerce Figures €391bn €14bn Store-based retailing sales Non-store based €349bn €8bn €38bn retailing sales €21bn Internet retailing sales ........... GERMANY UK €2,644bn (GDP) €1,907 bn (GDP) €382bn €6bn €20bn €117bn €2bn €8bn FRANCE NORDICS €2,038bn (GDP) €1,047bn (GDP) Source: IIHD Research, Euromonitor, Statista, ECB, IMF . Germans stay frugal .. In 2012 selling space productivity in Germany was more than 20% lower than in other European countries while France is yet to 'click' France exhibits the lowest share of online buyers (63 %), whereas the projected growth of online buyers is by far the highest (21%) Online buyers as a Growth of percentage of population online buyers Retailing sales €/sq m selling €3,219 €4,043 69% GERMANY 17.4% GERMANY UK space, 2012 75% UK 13.3% €4,198 €3,963 63% FRANCE 20.6% FRANCE NORDICS 72% NORDICS 13.9% Source: IIHD Research, Euromonitor Source: IIHD Research, Forrester Research Inc.