walmart, Amazonand costco They are the retailers with the highest sales worldwide. The oldest italian players they are still far from the podium, but also constantly growing: conad (64), Cooperative Italy (87), long S (116), and Eurospin (145º). This is the conclusion of the 26th edition of the Deloitte Global Powers of Retailing study, the annual report analyzing the results for the fiscal year to June 30, 2022 (FY2021) published by the world’s largest retailers.
Discover the authentic Italian F&B on the Italianfood.net platform
According to the report, the world’s top 250 retailers generated sales of $5.6 trillion in fiscal year 2021 (period from July 2021 to June 2022), with a growth of +8.5%, 3.3% more than the previous year.
Enrique Cosio, Deloitte Partner and Head of Retail, Wholesale & Distributioncomments, “While still operating in a challenging environment, the retail world experienced a recovery during fiscal year 2021, partly due to the partial relaxation of pandemic restrictions in most countries and a return to consumer and shopping habits. prior to the pandemic. E-commerce players consolidated their growth with excellent results that added to record returns in FY2020.”
THE 10 LARGEST RETAILERS IN THE WORLD
He top ten retailers in the rankings they contribute 34% of the total revenue generated by the world’s top 250 retailers. The top four positions are stable, with Walmart remaining in the top spot, followed by Amazon, Costco and Germany. Schwarz Group. In fiscal year 2021 jd.com, the only Chinese company in the top 10, is growing at a faster rate than its competitors (+25.1%) and ranks seventh. The top 10, which continues to be dominated by US players, in fiscal 2020 overall posted a year-over-year growth rate of +8%.
Aim, Walgreensand Amazon saw their respective net profit margins grow by more than +1.5%. The increase in cost effectiveness was confirmed despite continued pressure from inflation, the energy crisis, supply chain disruptions and rising labor costs.
THE STRENGTH OF EUROPEAN RETAILERS
Europe is confirmed as the most represented geographical area, thanks to the largest number of companies that find a place in the top 250. Until 90 companies (11 more than in North America and three more than the previous year) are based in this area, but only two of them are also in the top 10 (Black and Aldi Purchasing). European companies contribute 33.2 percent of total retail revenue in the top 250. The most represented countries are Germany (17 companies), the United Kingdom (19), and France (12).
THE GOOD PERFORMANCE OF RETAIL COMPANIES IN ITALY
The big retailers of Italy performed well overall in fiscal 2021. Three of the four Italian players in the top 250 finished the year with superior year-over-year revenue compared to fiscal 2019: only Cooperative suffered a slight decline. Conad is confirmed as the Italian retail giantplacing himself in position 64. Coop follows him in position 87 and long S It’s 116. Eurospin it closes placing itself in position 145, gaining eight positions thanks to its excellent performance.
© All rights reserved