This just out: “2009 Global Powers of Retail,” from Deloitte Touche Tohmatsu, in conjunction with STORES magazine.
The hot-off-the-presses report ranks the world’s 250 largest retailers by fiscal 2007 sales figures.
Forty-four retailers experienced declining sales in 2007, compared with 36 the year before. The number of unprofitable retailers in the Top 250 doubled from seven in 2006 to 14 in fiscal 2007.
No surprise: Wal-Mart Stores, Inc. remained the world’s largest retailer. And The Home Depot Inc. suffered its first-ever annual sales decline.
“As we move through 2009,” commented Ira Kalish, director of consumer business for Deloitte Research, “consumers will be intensely value oriented, even more so than in the recent past. We are seeing this already with consumers shifting to more price-focused retailers. For all retailers, this environment will require added attention to keeping costs under control.”
You may download a copy of the report here.