Global retail sales are expected to slow this year as China and the rest of the BRICs face tightening monetary policy and weaker demand abroad.
That's the takeaway from Deloitte's annual ranking of the top 250 retail chains by sales. While 2011 figures saw modest gains — U.S. sales grew 7.7 % — Deloitte sees the world economy decelerating in 2012.
Retailers targeting upscale consumers could see a more favorable environment. But the average consumer remains on uncertain financial footing and will seek out lower costs, the report states.
The leaders are a diverse mix of superstores, grocers, drug stores and wholesale providers. U.S. firms prevail, but German groups make a strong showing.
And sales at the No. 1 firm in the world were 3.5 times greater than at No. 2.
Groupe Auchen SA
Country: France
2010 Sales: $55.2 billion
Type: Superstore
# countries of operation: 13
Seven & i Holdings Co. Ltd.
Country: Japan
2010 Sales: $57 billion
Type: Convenience stores
# countries of operation: 18
CVS Caremark Corp.
Country: U.S.
2010 Sales: $57.3 billion
Type: Drugstore
# countries of operation: 1
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