2020 global retail power From Deloitte Consulting
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The following is the 2020 global retail power From Deloitte Consulting recommended by recordtrend.com. And this article belongs to the classification: Unmanned retail, research report.
Deloitte global recently released the global retail power 2020. The report shows that the global top 250 retailers generated a total of $4.74 trillion in revenue in fiscal year 2018, with a compound growth rate of 4.1%.
Dr IRA Kalish, Deloitte’s global chief economist, said: “the outlook for the global economy and retail industry in 2020 is not clear. The overall economy is growing positively, but the growth rate may slow down. At the same time, growth in consumer spending has fallen and inflation in most countries has continued to fall. “
Global retail top 250
In fiscal year 2018, the total revenue generated by the top 10 global retail companies accounted for 32.2% of the top 250, and 31.6% in fiscal year 2017. The revenue growth rate of the top 10 retailers was 6.3%, higher than 4.1% of the top 250 retailers. In spite of the intense market competition, increasing personnel costs, price war and investment in e-commerce capabilities, the compound net profit margin of the top 10 retail companies in the world still increased by 0.5 percentage points compared with that in fiscal year 2017.
The revenue threshold for the global top 250 retailers is $3.9 billion, up from $3.7 billion in fiscal 2017, while the average size is $19 billion.
Among the global top 250 retail companies, the number of FMCG 1 enterprises accounted for the largest proportion (136). In fiscal year 2018, the retail revenue of FMCG enterprises accounted for 66.5% of the total revenue. Companies in the FMCG sub industry have the highest average revenue (US $23.2 billion in fy18), but their profits are relatively low. Compared with other sub industries, the profit margin of net income is the lowest (2.0% in fy18).
Among the top 250 global retail companies, 88 (34.4%) were listed in the 2018 financial year, accounting for 34.4% of the total revenue. American enterprises are the largest, with an average size of US $27.6 billion, far higher than the average size of US $19 billion in the global top 25.
Vicky eng, managing partner of Deloitte’s global retail, wholesale and distribution industry, said: “in terms of the performance of the global retail 250 in the past five years, although the wealth of individual enterprises has changed significantly, the overall performance has been extremely stable. The year-on-year growth rate of retail revenue and the profit margin of net income fluctuate slightly, and the internationalization trend of enterprises is not significant yet. “
Novel coronavirus is also a shadow of the development of 2020, Zhang Tianbing said, “the regional economic outlook remains uncertain in 2019. The growth rate of China’s GDP in 2019 is at a low level of ten years, and it is 6.1%. Nevertheless, China continues to move towards the goal of becoming a global retail power. In terms of market entry, Wobo Union has completed the acquisition of majority equity of Guoda pharmacy, which is controlled by Sinopharm. Market makers and Aldi are accelerating their march. In China, there are two of the top five enterprises with the highest growth rate in the world, vipshop and Jingdong, which has ranked among the top 15 retailers in the world. What’s more, China is also taking the lead in promoting innovative retail models that focus on consumer dynamics and have both online and offline capabilities. “
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