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