Global retailers soar as Aussies brace for Amazon

 In Australia, NewZealand
Australia is home to just 16 per cent of the world’s top 250 retailers, but local retailers are bracing for international giants such as online giant Amazon.com and German hypermarket Kaufland to shake up things this year.
The Global Powers of Retailing 2017 report, by professional services firm Deloitte, shows that Wesfarmers and Woolworths are the only two Australian companies to make the list of the world’s top 250 retailers by revenue. Sydney Morning Herald – Read more…

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