Turkey is a dynamic retail market with one of the highest retail shrinkage numbers in the world according to the Retail Theft Barometer.
With the new Turkish subsidiary, located in Istanbul, StoreVision continues its expansion in Europe. The Turkish market is very vibrant and according to the Global Retail Development IndexTM, the Turkish retail market shows great potential and especially in Istanbul and other major Turkish cities, the propensity to consume is constantly growing. However, the growth has also led to very high shrinkage numbers and Pontus Lesse, CEO of StoreVision, sees great possibilities for StoreVision’s solutions:
“By opening a local office, we can provide extensive service and build closer relationships with retailers in Turkey and other markets in the region. We believe that our customers will notice a significant change with our local presence and, of course, our solutions in place.”