Retail Expansion: The Next Frontier
Retailers looking for sustainable growth are setting their sights on emerging markets, with Latin America and the Persian Gulf leading the charge. The UAE and Saudi Arabia offer lucrative opportunities thanks to high disposable incomes and pro-business policies, while LATAM’s e-commerce sector is expanding at a rapid pace. However, businesses must navigate shifting regulations, including Mexico’s new tariffs on Chinese imports and Saudi Arabia’s intricate 12-digit HS code system. LATAM’s growing requirement for consumer tax IDs at customs further complicates cross-border transactions.
Expanding successfully means staying proactive with compliance, investing in local partnerships, and leveraging technology to streamline supply chain operations. TLC helps retailers tackle these hurdles head-on, ensuring smooth transitions into new markets with data-driven solutions and adaptive logistics strategies. Want to break into global markets without breaking your supply chain? Contact TLC today.
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