strategic & commercial intelligence grocery retailing in asia pacific advisory introduction 1 executive summary 2 australia 4 china 8 hong kong 11 india 14 indonesia 17 japan 20 malaysia 24 singapore 28 south korea 32 thailand 36 conclusion 39 contents 2006 kpmg the member firm of international a swiss cooperative all rights reserved outlook for retail industry has never been more promising opportunities abound this region with its ever sophisticated and willing consumers growing populations steady economies world s largest retailers are jostling not only to gain but preserve market share highly competitive landscape is especially true sector where maintaining differentiation constant challenge encouraging will invite further investment evolution as matures grows winners must build business model that accommodates varied tastes cultures vast regional expanses also select right target within range existing players need review refine their propositions remain while new entrants pick