What non-US companies are key players in the industry?
In the retail industry, we experience seeing many non-U.S. global retailers that play key roles. All over the world from Australia to Belgium, we find companies that have such a significant impact on the retail industry. In Australia, we see that Woolworths Ltd. is a major retailers. They are a convenience store. In Canada we see the retailer that is a top retailer called Loblaw Companies ltd. where it is more of a discount store and warehouse club. China, which is now a booming country is many industries and becoming one of the top producers in the world in manufacturing goods and having plants in their country, has a top retailer called Bailian Brilliance group. France is quite a wealthier country and has retailers that are more luxurious than other countries. That is more popular as a trend throughout European nations. In France, we see the second top retailer called Carrefour. They are a discount store as well and convenience. Germany has the top third of their country called Metro AG which is a company that sells apparel and footwear. Sweden actually is the creator of the company called Ikea, as we see the Ikea group popular even here in the U.S. They sell household goods and furnishings. United Kingdom has a huge retailer and worldwide known called Tesco. They are a discount department store that does very well in the retail industry. As we can see, it has been a popular trend over the world to have many top retailers and companies that supply goods in the retail industry. Many countries have discount stores or department stores or convenience stores that all fall under the retail category that become worldwide. For example, Ikea is a huge company and has been brought into the U.S. for Americans to enjoy their goods. Overall, many companies over the world have something to offer in retail.
http://retailindustry.about.com/od/famousretailers/a/what-are-worlds-largest-retail-companies-retailers-chains-complete-list-2011-.htm
From,
Falen Serena
Falen,
ReplyDeleteI was looking at this information in the site also and I found that it was really interesting. It caught my attention that most of these successful retail companies are mainly convenience stores and discount stores. These proves that during tough economic times, consumers are looking for low prices and good quality goods. These companies' success prove that the consumers and consumer trends are leaning to major discount stores. Thats why, for example, of all categories together, Wal-Mart is the world's #1 retail company because of its competitive price and variety of goods.
Very nice post,
Carlos Andreu
I like how you mentioned companies in foreign countries that are popular there but not as well known in the U.S. It's interesting to see that popular retailers are really all over the world, and most of us in the U.S. don't realize it. I was really intrigued about Ikea and how it was actually started in Sweden. I was under the impression it was a U.S. based company, when in reality it just has become so popular all over the world. I agree with Carlos that it is interesting that most successful retailers are convenience or discount stores. This is expected in a recession, however, it was interesting to learn that this is the case all of the world as well. Good job Falen!
ReplyDelete-Jenna