Week 7 BOC Largest Retailers

3 Largest Retailers !

Thousands of retailers are competing with each other everyday. But only three are the largest in the world. The U.S's Wal-Mart Stores, France's Carrefour and the U.K's Tesco are the world's top three piblicly listed retail groups.

The world's largest retail company, Wal-Mart was founded by Sam Walton in 1962. Incorporated on October 31, 1969, Walmart has 8,500 stores in 15 countries. 

Carrefour 's headquartered in Levallois-Perret, France opened on January1, 158, in suburban Annecy. The group was build by Marcel Fournier, Denis Defforey and Jacques Defforey. In 1995 it merged with Promodes, known as Continent, one of its major competitors in the French market. 

Tesco is a global grocery and general merchandise retailer headquartered in Cheshunt, United Kingdom. It was founded in 191, it has store in 14 countries across Asia, Europe and North America. 

While the global ranking of the largest U.S. retail chains remains relatively unchanged from year to year, there was an atypical number of shifts, and dramatic moves both up and down the global retailing ranks on the 2013 largest U.S. retailers list. There are tons of business relationship between companies across the globe. A lot of famous and large company came from America. Slowly these stores starts develop even bigger and more consumer will approach these stores.

Also recently another brand, Zara has also becoming the largest retailers.  The Zara headquarters is a huge airplane-hangar-size open space, with regional sales managers sitting at a line of desks running down the middle, designers on either side of them. The managers field calls from China or Chile to learn what’s selling, then they meet with the designers and decide whether there’s a trend.





Source:
1. http://retailindustry.about.com/od/topusretailcompanies/a/us_2013_worlds-largest_retail_companies_chains_retailers_biggest_American_globalpower.htm
2. http://retailindustry.about.com/od/topusretailcompanies/a/us_2013_worlds-largest_retail_companies_chains_retailers_biggest_American_globalpower.htm
3.  http://www.nytimes.com/2012/11/11/magazine/how-zara-grew-into-the-worlds-largest-fashion-retailer.html?pagewanted=all&_r=0
4. http://econsultancy.com/us/blog/63236-battle-royal-how-the-top-us-retail-brands-compare-on-social
5. http://www.stores.org/2012/Top-100-Retailers