Top 20 Rankings, When the strong grow stronger

Transcription

1 Top 20 Rankings, 2011 When the strong grow stronger

2 Planet Retail is the leading provider of global retailing information, from news and analysis to market research and digital media. Covering more than 9,000 retail and foodservice operations across 211 markets around the world, many of the world s leading companies turn to Planet Retail as a definitive source of business intelligence. For more information please visit All images Planet Retail Ltd unless otherwise stated. Researched and published by Planet Retail Limited Company No: (England & Wales) Registered Office: 66 Wigmore Street, London W1U 2SB Terms of use and copyright conditions This document is copyrighted. All rights reserved and no part of this publication may be reproduced, stored in a retrieval system or transmitted in any form without the prior permission of the publishers. We have taken every precaution to ensure that details provided in this document are accurate. The publishers are not liable for any omissions, errors or incorrect insertions, nor for any interpretations made from the document. United Kingdom: Greater London House Hampstead Road London NW1 7EJ United Kingdom Germany: Dreieichstrasse 59, D Frankfurt am Main Germany USA: 1450 American Lane Suite 1400 Schaumburg IL USA China: Tongxing Road Qingdao China Japan: c/o INSIGHT INC. Atami Plaza 1401 Kasuga-cho 16-45, Atami-shi Shizuoka Japan T: +44 (0) F: +44 (0) T: +49 (0) F: +49 (0) T: +1 (1) F: +1 (1) T: +86 (0) F: +86 (0) T: +81 (0) F: +81 (0)

3 Contents Executive Summary When the strong grow stronger 1 Global Top 20 Grocery Retailers Taking the Express lane to growth 2 Western Europe Top 20 Grocery Retailers A new no.1 on the horizon 4 Central & Eastern Europe Top 20 Grocery Retailers Generating market leaders 8 North America Top 20 Grocery Retailers Getting big by going small 11 Latin America Top 20 Grocery Retailers Consolidation and growth 13 Africa & Middle East Top 20 Grocery Retailers Walmart to take region into a new age 17 Asia & Oceania Top 20 Grocery Retailers The race for China... and away from Japan 22 Global Top 20 Electronics & Office Retailers New trends push growth 25 Global Top 20 Leisure & Entertainment Retailers Digital and e-commerce drive growth but major casualties occur 28 Global Top 20 Health & Beauty Care Retailers Private label takes centre stage 33 Global Top 20 Foodservice Operators Innovation paves the road to recovery Planet Retail 2010

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5 Executive Summary When the strong grow stronger By Matthias Queck A fter the turbulence in commodity and food prices in the preceding 12 months, 2010 was a year in which previous trends started to assert themselves the weak got weaker while the strong got stronger. As Planet Retail s global and regional rankings show, this trend in the grocery business is expected to continue especially in the face of an uncertain economic outlook. It is primarily the streamlined, price aggressive retailers, including Walmart, Tesco and Schwarz Group, which are forecast to continue their rapid advance. At the same time, numerous domestic-only players (as well as Carrefour, which is finding itself in troubled waters) have to content themselves with a modest growth outlook. Expansion continues in varying degrees, and in varying ways, across the globe. While in places like Latin America, where retailers are moving from the saturated conurbations into uncharted territory in secondtier cities and the countryside, the players in the developed markets are now pushing into the major cities. Walmart, meanwhile, who built its business running big boxes in small towns, is now launching smaller formats in large towns. Then there are the Continental European grocers who are re-discovering the city centres by testing the waters with newly developed convenience-orientated concepts. As for the emerging markets, it has become increasingly clear that the much-cited BRIC countries (Brazil, Russia, India and China) have actually shrunk to become the BIC markets. Whereas Brazil, India and China continue to fascinate the international behemoths, both Walmart and Carrefour have given up on their projects in Russia for the time being. In general, large parts of Central & Eastern Europe have become less attractive since it emerged that there is a long, arduous way ahead to recover from the economic crisis, resulting in some big players limited investment budgets flowing into other regions of the world instead. After all the grocers in the Asia & Oceania Top 20 have established a presence in China (with the only exceptions being the Australian and New Zealand players), some observers have already declared Africa the next China. This may be a bold overstatement at this point in time, despite the hopeful, but fragile reform movements in the north of the continent. Notwithstanding, Walmart s market entry into South Africa, which was first announced in autumn last year and realised this summer, will surely trigger a rush of hectic activity and accelerated modernisation in the retail industry. Speaking of modernisation, a strategy that unites the large international players is an even stronger focus on driving private label penetration with enhanced and revamped lines. This is particularly striking in the drugstore sector, as revealed by Planet Retail s Global Top 20 list of health and beauty specialist retailers. While the leading US drugstores continue to squeeze into the food market, the traditional grocers are further tiering their lines and are pushing into non-food. This year, Planet Retail s first ever Top 20 Leisure & Entertainment rankings revealed Amazon s growing dominance of the market. Since the publication of the report in July both Blockbuster in Canada and bookstore chain Borders have gone into administration, demonstrating the upheaval that the transition to e-commerce and digital media is causing within this fast-moving sector was a year in which previous trends started to assert themselves the weak got weaker while the strong got stronger. - Planet Retail