Global Powers of Retailing 2015
Welcome to Deloitte’s 18th annual Global Powers of Retailing report. This report identifies the 250 largest retailers around the world based on publicly available data for fiscal 2013 (encompassing companies’ fiscal years ended through June 2014) and analyses their performance based on geographic region, product sector, e-commerce activity, and other factors.
This year’s report focuses on the theme of “embracing innovation,” and looks at the retail trends for 2015 as well as retailers creatively utilising innovations to address the disruptive changes currently impacting the marketplace. It also provides a look at the world’s 50 largest e-retailers, an outlook for the global economy, and an analysis of market capitalisation in the retail industry.
Retail trends for 2015 are shaped by the disruptive changes currently impacting the marketplace. Here we focus on five main trends. The first is travel retailing, which is redefining notions of customer base and transforming the role airport retail plays in a company’s strategy. The second is mobile retailing, a rapidly growing business that is expected to approach US$640 billion in annual global sales within just a few years. The third is faster retailing, which is just what the name implies: speed to market, speed to response, speed to deliver. The fourth is experience retailing, which takes shopping and adds entertainment, emotion, deeper engagement, and sometimes even an entire environment. And finally there is innovative retailing, which responds to market disruption with disruptive creativity of its own.
Download the infographic for a summary of the five key retail trends.