Retail Industry Offers Huge Potential, Says DHL - Siouxland News - KMEG 14 and FOX 44

Retail Industry Offers Huge Potential, Says DHL

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Deutsche Post DHL

CAPE TOWN, South Africa, May 6, 2014 /PRNewswire/ --

Retail expansion is key to DHL Express' Africa business strategy. This is according to Sumesh Rahavendra, Head of Marketing for DHL Express, Sub Saharan Africa. The recently released A.T Kearney African Retail Development Index further validated the company's plans as it ranked the top 10 countries in Sub-Saharan Africa for retail expansion and highlighted Rwanda, Nigeria, Namibia, Tanzania and Gabon as Africa's most attractive markets for retailers looking to expand.

According to Deloitte, Africa's middle class has tripled over the last 30 years, and the current trajectory suggests that the African middle class will grow to 1.1 billion in 2060, making it the world's fastest growing continent. This growth, coupled with the forecasted GDP growth of over 6% which the International Monetary Fund (IMF) is predicting, drives the potential for retail growth on the continent significantly through increased purchasing power and consumer demand.

The growth of ecommerce and access to technology has further upended the traditional shopping experience for consumers, and retailers are increasingly beginning to maximize the opportunities arising from the growing number of digitally-empowered consumers, who are opting to purchase goods via ecommerce channels

"We are now in a position to directly relate growth in our retail footprint to growth in our earnings so we know the potential is huge." says Rahavendra.

According to the index, African retailers such as South Africa's Shoprite, which operates in more than 16 African countries, and Nakumatt, which is based in Kenya and has stores in neighbouring Uganda, Rwanda, and Tanzania, have done most of the expansion, but global retailers are moving in. In 2011, Wal-Mart acquired South Africa's Massmart, and it plans to open 90 supermarkets across Africa over the next three years.

DHL Express, who has a retail presence in over 2400 outlets across Africa, will continue its aggressive expansion strategy in Africa in 2014. "We have made great progress in making the global market and world at large more accessible and connected by increasing the number of points where customers can access DHL and our global network. This allows anyone - from a student to a small business - to access over 220 countries and destinations that we serve."

Key retail markets for DHL currently are Nigeria, South Africa, Kenya, Tanzania, Uganda, Ghana, Senegal, Côte d'Ivoire, DRC, Zambia and Zimbabwe.

Commenting on the general retail landscape across Africa, Rahavendra adds, "Supply chains in Africa are more challenging than many other markets in the world. The key to success is understanding these challenges in order to offset the risks versus the opportunity which the continent offers. This knowledge will allow retailers to service markets with a supply chain that is agile enough to respond quickly to sudden or unexpected changes, flexible enough to customize products and efficient enough to protect margins. We have been active on the continent for over 36 years, and being the only international express company to operate our own airline and extensive infrastructure throughout Africa, we are well positioned to connect Africa with the world."

DHL - The Logistics company for the world

DHL is the global market leader in the logistics industry and "The Logistics company for the world". DHL commits its expertise in international express, air and ocean freight, road and rail transportation, contract logistics and international mail services to its customers. A global network composed of more than 220 countries and territories and about 285,000 employees worldwide offers customers superior service quality and local knowledge to satisfy their supply chain requirements. DHL accepts its social responsibility by supporting environmental protection, disaster management and education.

DHL is part of Deutsche Post DHL. The Group generated revenue of more than 55 billion euros in 2013.

For more information: http://www.dpdhl.com

Stock images available: http://www.dpdhl.com/en/media_relations/media_library.html

Media Contact:
Megan Collinicos. Head: Advertising & Public Relations, Sub-Saharan Africa
DHL Express
Tel +27-21-409-3613 Mobile +27-76-411-8570
megan.collinicos@dhl.com

©2012 PR Newswire. All Rights Reserved.

  • NewsNewsMore>>

  • New Treatment for Skin Cancer

    New Treatment for Skin Cancer

    (CINCINNATI, OH) There is a new type of treatment that those with skin cancer may not have heard about, it is commonly referred to as IL 2 or interleuken two, and to the right person it could make all the difference in survival.More >>
    (CINCINNATI, OH) There is a new type of treatment that those with skin cancer may not have heard about, it is commonly referred to as IL 2 or interleuken two, and to the right person it could make all the difference in survival.More >>
  • OKCupid Admits to Social Experiments

    OKCupid Admits to Social Experiments

    O-k cupid says... Everyone is doing it. We're talking about experimenting on you. Ok cupid fessed up, on its blog today. It showcased three experiments.More >>
    O-k cupid says... Everyone is doing it. We're talking about experimenting on you. Ok cupid fessed up, on its blog today. It showcased three experiments.
    More >>
  • Grand Falls Casino Shows Off New Golf Course

    Grand Falls Casino Shows Off New Golf Course

    Visitors to Northwest Iowa's Grand Falls Casino Resort will soon have a new challenge to take on. The casino showed off its new 18–hole Championship golf course to the media today. The course won't actually be open for play until next spring, thanks to bad weather slowing construction of the course, which is near Larchwood in Lyon County. The Golf Director at Grand Falls says the new course already has several big events planned for next year. "We already have some tournaments booked fo...More >>
    Visitors to Northwest Iowa's Grand Falls Casino Resort will soon have a new challenge to take on. The casino showed off its new 18–hole Championship golf course to the media today. The course won't actually be open for play until next spring, thanks to bad weather slowing construction of the course, which is near Larchwood in Lyon County. The Golf Director at Grand Falls says the new course already has several big events planned for next year. "We already have some tournaments booked fo...More >>
Powered by WorldNow

Siouxland News
100 Gold Circle
Dakota Dunes, SD 57049

Main Phone: 712-277-3554
Main Fax: 712-255-5250
Email: webmaster@siouxlandnews.com

Powered by WorldNow
All content © Copyright 2000 - 2009 WorldNow and Sinclair Communications, LLC. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.