![]() CostcoĬostco continues to quietly move into power positions in markets large and small. Its purchase of Auchan RT-Mart’s operations in China made it effectively the largest physical retailer in the market. The biggest changes concern physical retailers Hema and Freshippo that rapidly expanded into new markets with larger stores. Still primarily a Chinese company, Alibaba is moving aggressively into new markets, courting regional manufacturers while extending its financial services. It has since expanded dramatically into all types of businesses, including retail. AlibabaĪlibaba began as a business-to-business marketplace that provided the huge number of Chinese manufacturers with access to global buyers. 4 on this year’s ranking and could move up another spot next year. In the past few years, it has also remodeled stores to achieve a higher degree of shopper engagement. Having survived a generational change in private ownership, the company continues to integrate its global sourcing, international logistics and ecommerce operations. Aldi continues to quietly find new markets to expand into, including China. has long been the strongest retailer in Central Europe. One of the fastest-growing retailers in the U.S. Its Lidl discounter banner has been its primary growth vehicle outside the EU, such as in the U.S., but online operations within existing markets are where most growth has occurred to date. Schwarz GroupĪs a privately held firm, the Schwarz Group often misses these rankings, but its grocery formats dominate retail in Europe. It could take over the top position faster by purchasing an international retailer or large regional marketplace outside North America. ![]() That is reflected in the retailer’s powerful capitalization and cash flow that gives it flexibility to move into new markets and expand its logistics and fulfillment group. The retail group is posting strong growth in its core markets of the United States, Canada and Europe as it expands into other countries. AmazonĪmazon continues to move into a range of new businesses. ![]() In the next Top 50, it will likely remain No. It still tops the international retailer ranking even though it divested from a number of markets recently: first Brazil, then the United Kingdom, and more recently Argentina and Japan. Walmart continued to shift its business model to align with a broader omnichannel approach to its markets as it continued expanding into marketplace platforms and services. But it is clearly being challenged by Amazon, Alibaba and new Top 10 entrant JD.com, marketplace retailers with massive gross merchandise volume. Keeping within these guidelines, Walmart continues to be the world’s largest retailer, both domestically and internationally, with the highest overall score in the Top 50 ranking. To qualify for the rankings, retailers needed to have a direct investment in at least three countries, at least one of which is not adjacent to their domestic market. The methodology uses a system in which points are given to retailers based on their international revenues, their participation in franchising and alliances outside of their local region and their ability to operate through online marketplaces or an omnichannel approach. The result is a fresh look at the 50 most impactful international retailers based on their operations at the start of 2020. Third, as an international comparison, we have removed retailers that operate only locally from the discussion on international strength. Second, we wish to highlight new forms of retail, such as online marketplace platforms and informal retail alliances (where two or more retailers partner to get the most from several countries), and their role in internationalizing retail. ![]() First, we have minimized the impact of currency exchange rates and domestic market strengths that can distort comparisons over time. Kantar’s 2020 international retailer ranking looks to minimize these challenges and maximize the amount of discussion, debate, education and exploration opportunities the ranking can provide. In addition, retailer rankings are normally created using reported consolidated revenues, which dilute the impact that joint ventures, franchises and marketplaces can have on helping retailers internationalize.įinally, most retailers generate the bulk of their sales from domestic operations, allowing those with the biggest domestic markets to appear to have the largest international operations, which is not always the case. It highlights the need to use additional metrics to establish movement up or down.Īny comparison of retailers operating in multiple countries is made difficult by currency exchange rates. These conditions point to a clear challenge in ranking retailers internationally simply based on sales. View the full list of 2021 Top 50 Global Retailers here.
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