STORES Media will release it’s 2011 Global Powers of Retailing report later this week, but attendees of Retail’s BIG Show were able to listen in on a special preview of the 2011 results by Deloitte’s Richard Hyman. The 14th edition of this study takes a look at what is likely the year’s biggest issue for retailers: globalization.
A few quick stats from the 2011 Global Powers of Retailing study:
- Global retail sales totaled $15 trillion for FY 2009, representing 26% of the total global GDP.
- The top 250 global retailers FY 2009 sales equaled $3.7 trillion, an enormously influential 35% share of global GDP.
- The Asia/Pacific region tops regional global sales with $4.6 trillion, with Europe and North America trailing behind.
- Africa and the Middle East have the highest percentage of retail growth, followed by Asia/Pacific and Europe.
- Global spend across the board per capita has reached just over $5,000 per head in the latest year, which is an increase of 13% over the past 3 years.
- Growth slows within Top 10 retailers, from +32% to +15% between 2006 and 2009.
- The Top 250 global retailers also grew more slowly than the rest for the same time period, signaling that scale might not be as important as it has been in the past.
If you want the full 2011 Global Powers of Retailing report, be sure to visit www.stores.org on Wednesday when the report becomes live.