Although we fell off from 25th last year, the good news is that we are still growing.

Dominican Republic: Slow rise continues. At 28th position, the Dominican Republic continues to see retail development. The country of 9.9 million has experienced significant expansion in shopping space with three large malls currently under construction. Luxury (Louis Vuitton and Cartier) and mid-level (Nike, Desigual and Timberland) retailers are entering as Santo Domingo becomes the Caribbean's shopping capital.

The 2011 Global Retail Development Index reflects changes in the global economy and the different ways in which developing countries have been affected.