Headline Verdana Bold - Global Powers of Retailing 2019 Highlights - Deloitte
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Top 250 quick statistics FY2017 3.3% US$4.53 trillion 2.3% FY2012-2017 Retail Aggregate retail Composite net revenue CAGR revenue of Top 250 profit margin US$18.1 billion Average size of Top 250 (retail revenue) 5.7% 5.0% Composite YoY retail Composite revenue growth return on US$3.7 billion assets Minimum retail revenue required to be among Top 250 10 65.6% Average number Top 250 retailers 23.6% of countries where companies have with foreign Share of Top 250 aggregate retail operations retail operations revenue from foreign operations Source: Deloitte Touche Tohmatsu Limited. Global Powers of Retailing 2019. Analysis of financial performance and operations for fiscal years ended through June 2018 using company annual reports, Supermarket News, Forbes America’s largest private companies and other public sources. © 2019. For information, contact Deloitte Touche Tohmatsu Limited 2
Top 10 retailers Wal-Mart continues its stint as the world’s largest retailer Top 250 rank #1 Wal-Mart Stores, Inc. US $ 500.3 #2 Costco Wholesale Corporation US $ 129.0 Key highlights #3 The Kroger Co. US $ 118.9 The top three largest retailers maintained their positions on the leader board #4 Amazon.com, Inc. US $ 118.5 +2 A combination of organic growth, acquisitions, #5 Schwarz Group Germany $ 111.7 -1 and exchange rate volatility shuffled the rest of the Top 10 #6 The Home Depot, Inc. US $ 100.9 +1 Amazon, Home Depot, CVS Health, and Tesco move up the leader board #7 Walgreens Boots Alliance, Inc. US $ 99.1 -2 The Top 10 continued to compose a bigger #8 Aldi Einkauf GmbH & Co. oHG Germany $ 98.3 e share of industry sales, accounting for 31.6% of the overall Top 250’s retail revenue (compared US $ 79.4 #9 CVS Health Corporation +1 to 30.7% last year) #10 Tesco PLC UK $ 73.9 +1 Country of origin FY2017 Retail revenue (US$ billions) Change in rank e: estimate © 2019. For information, contact Deloitte Touche Tohmatsu Limited 3
Geographic breakdown Percentage share of Top 250 revenue by region and by top countries North Latin Europe Africa/ Asia America America Middle East Pacific 48.0% 1.6% 33.8% 1.3% 15.4% Mainland China/HK 3.9% US 46.0% France Japan 6.4% 6.9% Germany Other Asia 10.4% Pacific 4.5% UK 5.1% Other Europe 11.9% © 2019. For information, contact Deloitte Touche Tohmatsu Limited 4
Product sector breakdown Percentage share of Top 250 revenue by primary product sector TOP 250 Companies by sector Apparel and Fast-moving Hardlines and consumer goods leisure goods Diversified 40 50 accessories (FMCG) 138 22 Share of revenue 9.8% 66.2% 18.0% 6.0% Key highlights Apparel and accessories is the most profitable product The hardlines and leisure goods sector continued to lead the way with sector, with a composite net profit margin of 6.0% and a the highest retail revenue growth rate of 10.1% and a solid retail return on assets composite of 7.8%. revenue CAGR of 6.8%. The fast-moving consumer goods (FMCG) sector is the key The diversified group persistently experiences slow growth – its driver of the Top 250 metrics. The 138 companies generated composite revenue decrease of -0.3% represented an actual 66.2% of the retail revenue and eight of the Top 10 improvement from the -1.3% achieved in FY2016. companies belong to the FCMG sector. © 2019. For information, contact Deloitte Touche Tohmatsu Limited 5
Top 10 fastest-growing retailers FY2012-FY2017 CAGR Top 250 Growth rank rank CAGR #1 Albertsons Companies, Inc. 15 US $ 59.9 74.4% Key highlights #2 Vipshop Holdings Limited 92 China $ 10.9 73.8% Albertsons replaced Vipshop at the top #3 JD.com, Inc 20 China $ 49.1 52.4% of the rankings. The Fastest 50 retailers grew on #4 Wayfair Inc 205 US $ 4.7 51.0% average, 5 times faster than the Top 250, with a 17.1% CAGR. Contributed #5 A101 Yeni Mağazacılık A.S 237 Turkey $ 3.9 46.4% by new store openings, M&A activity and growing e-commerce sales. #6 Reliance Industries Limited/Reliance Retail 94 India $ 10.6 e 44.8% 34 of the fastest 50 companies were #7 Action Nederland BV 242 Netherlands $ 3.8 ** 31.4% also among the 50 fastest-growing retailers in FY2016. #8 Zalando SE 191 Germany $ 5.0 31.1% Three of the top four retailers on this list are exclusively focused on e- #9 Hudson's Bay Company 91 Canada $ 11.1 28.6% commerce: Chinese e-tailers, Vipshop #10 Lenta Group 157 Russia $ 6.2 27.1% and JD.com, and Wayfair. Country of origin FY2017 Retail revenue (US$ billions) CAGR: for FY2012-2017 e: estimate ** Revenue includes wholesale and retail sales © 2019. For information, contact Deloitte Touche Tohmatsu Limited 6
New entrants to the Top 250 16 retailers joined or re-entered the ranks of the Top 250 Top 250 rank FY2017 Retail revenue growth 26 Germany Cash & Carry/Warehouse Club 1.6% Metro AG Ceconomy AG 40 Germany Electronics Specialty 1.3% Wumart Holdings, Inc. 187 China Supermarket 10.5% Wayfair Inc. 205 US Non-Store 39.7% RaiaDrogasil S.A. 223 Brazil Drug Store/Pharmacy 23.1% B&M European Value Retail S.A. 229 UK Discount Store 24.6% JD Sports Fashion Plc 234 UK Other Specialty 37.2% A101 Yeni Mağazacılık A.S 237 Turkey Discount Store 32.7% NORMA Unternehmens Stiftung 239 Germany Discount Store 4.4% Wangfujing Group Co., Ltd. 241 China Department Store 46.6% Country of origin Dominant operational format © 2019. For information, contact Deloitte Touche Tohmatsu Limited 7
New entrants to the Top 250 16 retailers joined or re-entered the ranks of the Top 250 Top 250 rank FY2017 Retail revenue growth 242 Netherlands Discount Department Store 27.8% Action Nederland BV Lagardère Travel Retail SAS 243 France Other Specialty 8.6% Daiso Industries Co., Ltd. (prev. Daiso Sangyo) 245 Japan Discount Department Store 8.3% American Eagle Outfitters, Inc. 246 US Apparel/Footwear Specialty 5.1% Magazine Luiza S.A. 249 Brazil Other Specialty 26.1% The Golub Corporation 250 US Supermarket 5.7% Country of origin Dominant operational format © 2019. For information, contact Deloitte Touche Tohmatsu Limited 8
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms. This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this communication. © 2019. For information, contact Deloitte Touche Tohmatsu Limited.
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