The U.S. upholds its supremacy in global retailing on the 2019 list of the world's largest U.S. retail chains with seven American retail chains making it into the sought-after top 10 listings of the largest retailers worldwide, rendering to the 2019 Global Powers of Retailing report, which is in book form each year by Deloitte Touche Tohmatsu. Not only is the retail industry one of the leading industries in the U.S., but retail chains also originated in the States are hostilely expanding their retail processes foreign and are becoming more noticeable, more rampant, and more central on the global retail stage.
The Power Rankings: The U.S. companies hierarchical on the 2019 Global Powers of Retailing list vary rather from the annual Wealth 500 list, which is usually focused on overtly traded U.S. retail companies. Encompassed in the 2019 Global Powers of Retailing list are secretly held companies, as well as government retail operations. Also, the 2019 Global Powers of Retailing report is based on somewhat different timeframes for proceeds figures. Overall, what the annual Global Powers report provides is a more inclusive judgment of retail companies across the globe with broader proportional insight on retailing tendencies worldwide.
While the global ranking of the largest U.S. retail chains typically remains comparatively unmoved from year to year, there were some shifts in the rankings of the 2019 World's Largest Retailers on this year's list. None of the most affected year-over-year changes for U.S. retailers on the 2019 Global Powers list will possibly be astounding to anyone who closely follows the U.S. retail industry. But, the value of the Global Powers list each year is in having an easy position that reveals how changes in the U.S. retail industry relate to changes in the retail industry in countries around the world.
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