AsiaRetailWhat’sNewandWhat’sNextinTaiwanRetailAsiaDistributionandRetailApril201823.5million*PopulationUS$49,956*GDPperheadUp2.4%yoy*RealGDPgrowth0.6%*ConsumerpriceinflationUS$89.5billion**RetailsalesUp0.1%yoyUS$9.3billion**InternetsalesUp5.5%yoySource:EconomistIntelligenceUnitestimatesfor2017*,EuromonitorInternationalfigurefor2017**;compiledbyFungBusinessIntelligenceUS$578.0billion*GDPKeyeconomicindicators3MajordomesticretailersSales2016:NT$140.1billion(US$4.3billion)*Outlets2016:9,693Majorbusinessesandbrands:Conveniencestores:7-ElevenTaiwanDepartmentstores:Uni-PresidentUstyleDepartmentStoreDrugstores:CosmedFitnessclubs:BeingSpaSportLogisticsservices:iCatHouseholdessentialsspecialtystores:DuskinTaiwanOnlinebookstores:Books.com.twRestaurants:StarbucksTaiwanSales2016:NT$101billion