According to the findings of the latest GfK purchasing power survey for Germany, disposable income will fall by €42 per capita in 2010. The effects of the economic crisis will reach private consumers. However, this nominal decrease in purchasing power is likely to be kept in check by low inflation. The survey conducted by GfK GeoMarketing also shows that there are major differences in the level of purchasing power between the various regions in Germany.
The recently updated "GfK Purchasing Power Europe 2009/2010" study reveals the regional distribution of purchasing power in 41 European countries. This year's study illuminates the repercussions of the economic crisis in affected countries such as Ireland and Iceland. The purchasing power data also reveal the European regions in which sales and marketing activities promise most return on investment.
GfK GeoMarketing has released the GfK Europe Map Edition 2009/2010, which includes thousands of new additions. With around 1,000 digital maps of 42 countries, the map edition forms the ideal basis for geomarketing, i.e., the analysis and visualization of company and market data on digital maps.
The authors of the paper - real estate financing and retail experts Manuel Jahn and Olaf Petersen - urge banks and investors to focus on sustainability and temper financial mathematical models with applied real estate knowledge.
GfK GeoMarketing releases "GfK Purchasing Power for Retail Product Lines 2009," a study that reveals the current consumer potential for around 60 product lines. The data covers all of Germany's administrative levels, from federal states to postcodes.
GfK GeoMarketing releases updated digital maps for Japan that reflect the boundaries of the country’s postcode and administrative boundaries. The 18 maps included in the collection are part of the company’s comprehensive Asia Map Edition.
Germany's 50 largest cities are responsible for around half of the nationwide turnover related to women's, men's and children's outer garments, according to the results of a study by GfK GeoMarketing. The study demonstrates that turnover in these cities far exceeds the local purchasing power for clothing. According to GfK retail expert Olaf Petersen, this is a sign that city centers continue to exert a substantial retail draw with regard to clothing sales.
The Germany-based company GfK GeoMarketing is releasing an English version of its new geomarketing solution RegioGraph 2009 in August 2009. The software has a wide range of applications for sales, marketing, expansion and controlling divisions of internationally active companies from all branches of trade. In addition to maps and GfK data, RegioGraph 2009 includes a unique geocoding feature for locating addresses at the street level for 22 European countries.
GfK GeoMarketing is releasing an updated and expanded digital map edition for Asia. All maps have been revised to reflect the latest status. The edition also contains new and even more detailed regional administrative and postal units. With these innovations, GfK GeoMarketing's Asia Map Edition is the most up-to-date and comprehensive digital map collection for the 48 Asian countries on the market.
Leading figures from the retail and real estate sectors gathered in Hamburg, Germany on May 14 and 15 for GfK GeoMarketing's conference on "The Future of Retail in Europe".
Europe's retail and real estate branches face real challenges according to GfK retail and real estate expert Olaf Petersen. In his analysis of the current economic situation at the GfK Retail & Real Estate Conference in Hamburg, Germany, Petersen concluded that the crisis has already impacted retail. However, not all markets and retail concepts have been equally affected, and some could even turn profits.
At the GfK Retail & Real Estate Conference in Hamburg, Germany, Simone Baecker-Neuchl outlined the socio-demographic changes she anticipates in Europe in the next few decades. This included an evaluation of how the changing attitudes and consumer behaviors will affect retail.
GfK GeoMarketing is releasing the updated and expanded worldwide digital CRESTA map edition for reinsurance companies. This new map edition reflects the significant zone changes and expansions implemented by the CRESTA organization in recent years. GfK GeoMarketing has been the official supplier of the digital CRESTA maps since 2001.
GfK GeoMarketing real estate and retail expert Olaf Petersen presented his evaluation of German retail locations at the 2009 retail real estate convention in Wiesbaden, Germany. He concluded that city center locations in Germany generally offer favorable retail growth opportunities. To ensure sustainability, he advocated that retailers develop a unified location concept and that investors carry out detailed site appraisals of prospective locations.
In a white paper on the real estate investment scene, Manuel Jahn indicates that well-known mutual and institutional funds plan to significantly increase their investment in retail real estate in the coming months. Above all else, the shopping center segment is forecasted to develop in a positive direction despite the current financial crisis. The outlook is particularly good for Germany, whose stable retail conditions make shopping centers a reliable investment.
Despite the financial crisis and the threat of recession in Germany, retail will see stable sales this year. The current "GfK POS Turnover for the Retail Trade 2009" study from GfK GeoMarketing shows that some regions will achieve sales far in excess of the local purchasing power in 2009.
GfK GeoMarketing real estate and retail expert Olaf Petersen offered a positive prognosis for the German retail real estate sector: Despite the ongoing financial crisis, the retail real estate sector will perform comparatively well in 2009, Petersen said at the Cimmit real estate convention in Frankfurt/Main. Even so, he stressed that decisive factors for success are careful analysis and planning to ensure sustainability.
GfK GeoMarketing recently released an updated and expanded digital map edition for Russia. A particular highlight is the unprecedented map of the country's two-digit postcodes. Also noteworthy is the maps' comprehensive and gapless coverage of the entire country, from the Baltic Sea to the Pacific Ocean.
Cornelia Lichtner
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