Wednesday, August 21, 2013

Week7 BOC: Largest Retailers


Who is the largest retailer?  Who is the world’s largest retailer?  Who is the largest fashion retailer? Who is the largest global retailer?

Wal-Mart is the nations largest retailer here in the nation (U.S.). Wal-Mart opened it’s first doors in Arkansas on July 2, 1962 and founded by Sam Walton. Kmart and Target opened that same year.  38 locations opened by the year 1970.  In 1991 Wal-Mart begin to expand internationally.
 According to Global Powers of Retailing report, more than 30% of the 250 largest retail companies are based in the United States.  The retail industry is dominant in the U.S. 32 of the 100 largest retail chains that are largest in the world are grocery store and or supermarkets. 

 

The world’s largest fashion retailer is Zara.  Zara is Spain based company.  They opened 49 more stores worldwide.  The total number of outlets for them is 6,058 around the world.  http://www.ibtimes.com/inditex-worlds-largest-fashion-retailer-posts-weakest-profit-growth-years-cool-europe-spring-kept
 
7-Eleven is the top national convince store.  It ranked number 37 on the list of top retailers. This started out as an ice house in Dallas, Texas back in 1972. The company operates, franchises and licenses more than 8,600 stores in the U.S. and Canada. Outside of the U.S. and Canada, there are more than 42,300 7-Eleven and other convenience stores in Japan, Taiwan, Thailand, South Korea, China, Malaysia, Mexico, Singapore, Australia, Philippines, Indonesia, Norway, Sweden and Denmark.



 

"The evolution of consumer expectations, the emergence of new business models and the proliferation of new technology have set retailers on a course of reinvention," said Susan Reda, editor, STORES Media.

1.     Wal-Mart $328,704,000 sales USA- $467,896,000 Sales Global
2.     Kroger $92,165,000 Sales USA $92,165,000 Sales Global
3.     Target $71,960,000 Sales USA $71,960,000 Sales Global
4.     Costco $71,042,000 Sales USA $97,062,000 Sales Global
5.     The Home Depot $66,022,000 Sales USA $74,754,000 Sales Global
6.     Walgreens $65,014,000 Sales USA $66,977,000 Sales Global
7.     CVS Caremark $63,688,000 Sales USA $63,863,000 Sales Global

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