Woolworths, Wesfarmers ranked in top 20

Company News


Woolworths Limited (ASX:WOW) and Wesfarmers Limited (ASX:WES) owned Coles have been listed in the world’s top 20 retailers.
 
With global retail giants Wal-Mart and Tesco topping the list, Woolworths came in at number 15 – up 2 places, while Wesfarmers-owned Coles dropped a position to 19th.
 
According to the Deloitte Global Powers of Retailing report, Woolworth's revenue for 2012 was $US58.6 billion, while Wesfarmers posted $US54 billion in revenue.
 
The aggregate retail revenue of the top 250 retailers around the globe totalled $US 4.29 trillion.
 
The report also analysed e-commerce, with online sales growing 25 per cent on average for top 250 retailers with online shopping capabilities.
 
Woolworths reported a net profit of $2.26 billion in fiscal 2013.

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