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Grocery business tops retailing worldwide

Post by C.R. Roberts / The News Tribune on Sep. 3, 2008 at 11:40 am with No Comments »
September 3, 2008 11:40 am

The National Retail Federation is out today with its "Global Powers of Retailing” annual report.

It pays to be in the grocery business, with grocers taking 98 of the Top 250 slots.

Global sales for the world’s top 250 retailers rose to $3.25 trillion in 2006 – the year covered by the latest compilation. That was up 8 percent from $3.01 trillion the year before.

The Top 10: Wal-Mart, grocery and discount; Carrefour S.A. (France), club grocery; Home Depot, home improvement; Tesco (U.K.), grocery and discount; Metro A.G. (Germany), apparel and discount; The Kroger Co, grocery; Target, discount department; Costco, club grocery; Sears Holdings, department; Schwarz Unternehmens Truehand (Germany), grocery.

Walgreen, Lowe’s, CVS and Safeway represent the U.S. in the balance of the Top 20. SuperValu and Macy’s (the former Federated) come 27th and 28th. Sweden’s IKEA came 35th.

Buyers in the U.S. represented 45.5 percent of worldwide sales.

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