MAS Innovation Newsletter May 2014 | Page 15

PAGE 12 TURKEY HOME TO 1.1% 81 st of the world’s population oldest country in the world IS THERE AN OPPORTUNITY TO PURSUE TURKISH RETAIL BRANDS AS PART OF OUR 2020 CUSTOMER PORTFOLIO STRATEGY?’ Retail Buzz Boom in Internet Retailing 19% of Internet users shop online Investment in retail is on the increase with eBay and Amazon acquiring stakes in local companies Increasing Focus on Baby Products in Retailing The largest retail brands Bim and Arcelik are focused in the consumer goods market Increasing Number of Shopping Centers Stimulates Growth in Retailing In the News…. Turkey PM Erdogan claims victory in local elections for ruling Justice & Development Party Internet Censorship – Reality or Myth ? Moves to ban YouTube First Apple Retail store to open in Istanbul in April Turkey stuns Inve