Nearly 60 percent of the world's top 250 retailers were operating in more than one country in 2009 according to Deloitte's just released annual report "Global Powers of Retailing." Of the 147 retailers on the list with operations outside their domestic market, 115 had a presence in more than one sub-region, while 32 operated only within their sub-region.
Retail industry pundits have been predicting the imminent globalization of the industry for the better part of two decades. Though there has been a great deal of globalization, the industry still lags many others, such as consumer products, hospitality, telecommunications and entertainment.
In other words, there's opportunity for growth, especially for the big players interested in acquiring existing operations in emerging markets. Here, we take a look at Deloitte's top-10 retailers from around the globe — all but two of which operate in numerous countries.
Posted: 9 January, 2011
Source: Deloitte's Global Powers of Retailing