According to the Deloitte report 'Global Powers of Retailing 2017', the leading 250 global retailers achieved 5% growth in 2015, generating total retail revenues of $4.31 trillion and resulting in an average size of $17.2 billion per company.
The world’s four largest retailers maintained their positions on the top 250 table based on FY2015 data (including fiscal years through June 2016), but acquisitions, divestitures, and exchange rate volatility shuffled the rest of the top 10.
The top three positions are still held by US companies. Wal-Mart continued its long-held dominance, despite a 0.7% decline in revenue to $482.1 billion. Warehouse club operator Costco was second with $116.1 billion (+3.2%), followed by supermarket giant Kroger with $109.3 billion (+1.3%).
Germany’s Schwarz remained in fourth place with strong 2015 growth (+8.1%), to $94.4 billion.
Other food retailers in the top 10 include France’s Carrefour in 7th place with $84.8 billion (+3.1%), Germany’s Aldi in 8th place with $82.1 billion (+11.5%) and the UK’s Tesco with $81 billion (-12.7%).
Germany’s Metro Group fell out of the top 10 in 2015 as the company’s transformation process accelerated, and is now ranked 13th place with retail revenue of $68 billion.
Two thirds (66.8%) of the Top 250 retailers operated outside their home country borders. On average, they had retail operations in more than 10 countries and derived nearly one-quarter (22.8%) of their composite retail revenue from foreign operations.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign-up for ESM: The European Supermarket Magazine