Two Taiwanese companies among the top 250 global retailers: Deloitte

Taipei, March 12 (CNA) Taiwanese companies President Chain Store Corp. and PX Mart Co. have been ranked among the world’s top 250 retailers by multinational auditing and consulting firm Deloitte.

In Deloitte’s Global Powers of Retailing 2022 report, President Chain Store, which runs the 7-Eleven convenience store chain in Taiwan, ranked 134th among retailers for the eighth consecutive year, while PX Mart ranked ranked 221st.

7-Eleven, PX Mart

President Chain Store recorded sales of $8.02 billion from July 2020 to June 2021, up 1.2% from a year earlier, pushing the company’s ranking eight notches to 134th, according to the report.

In a Chinese-language press release accompanying the report, Deloitte Taiwan said the company was able to increase sales through continued efforts to expand its retail network by offering various store styles and integrating its operations. physical and online.

PX Mart recorded sales of $4.683 billion in the 12-month period, up 6.2% from a year earlier, and its ranking in the 2022 report rose 26 places from the previous year to reach 221st place, according to the report.

PX Mart has worked with delivery service providers such as Uber Eats, Global Express, pandago and foodpanda to provide home delivery services, and sales generated from these services are expected to double in 2022, Deloitte said in its statement.

Global retailers

During the 12-month period, the world’s top retailers generated $5.1 trillion in sales, up $270 billion or 5.2% from a year earlier.

“E-commerce specialists have experienced strong growth as consumer purchases move online,” Deloitte said in the report.

“Food and beverage retailers increased sales as consumption shifted from the hospitality sector to home consumption, and retailers in other sectors such as home improvement benefited from the focus by consumers on “stay at home”.

Walmart took the top spot in the 2022 retail report, according to Deloitte, posting sales of US$559.15 trillion in the 12-month period, up 6.7% from the previous year. came in second place with sales up 34.8% over the previous year to reach $213.57 billion, ahead of Costco ($166.76 billion in sales), the German group Schwarz ($144.25 billion) and the American Home Depot ($132.11 billion). .

Rounding out the top 10 is Kroger Corp. (131.62 billion dollars), Walgreens Boosts Alliance (117.71 billion dollars), the German Aldi (117.05 billion), the Chinese (94.42 billion dollars) and the American Target ($92.40 billion). ).

The top 10 retailers achieved sales of US$1.77 trillion, accounting for 34.6% of the total 250 retailers.

In East Asia, 29 companies from Japan, 10 from China, five from South Korea, four from Hong Kong and two from Taiwan made the list, according to the report.

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