Woolworths, Wesfarmers among world’s top-20 retailers

 In Australia, Coles, Costco, International, NewZealand, Tesco, Woolworths
Woolworths and Wesfarmers have maintained their position in the top-20 highest grossing retailers in the world, with a combined revenue of more than $US100 billion ($111 billion)
A survey conducted by Deloitte ranks the two retailers at 15th and 19th respectively, behind world leaders Wal-Mart, Tesco and Costco.
The ranking takes Woolworths up two places and Wesfarmers down by one.
The survey is contained in a report into the global retail sector by the accounting company, and is based on 2012 revenue figures.
The report warns that Australian retailers could lose market share to foreign ones if they continue to establish a local presence.  Sydney Morning Herald – Read more…

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