Retailing, Franchising, and Consumerism Business Intelligence in China

Chinese Companies Listed In World Top 250 Retailers

Four Chinese companies — Bailian Group, Gome, Suning and Dashang Group — have been ranked among the world's top 250 retailers.

The list is called the "2008 Global Powers of Retailing", which is jointly released by Deloitte Touche Tohmatsu and STORES. The report is made according to valid trade statistics of 2006, which are published by retailers. Bailian Group is listed in the 101st spot with US$7.534 billion; Suning is 216th with US$3.126 billion; Gome is 218th with US$3.105 billion; and Dashang Group is 224th with US$3.036 billion. The Chinese company which attained the highest rating is Hong Kong's Watsons. With US$12.764 billion in business volume, it ranked 54th in the list.

With regards to business scale, Chinese retailers still have a long way to go. The total business volume of the four mainland retailers is US$16.801 billion, which is less than 5% of the business volume of Wal-Mart and 110 Suning outlets can only barely equal one Wal-Mart.

In the list, Wal-Mart is still tops with US$344.992 billion, followed by Carrefour with US$97.861 billion. Home Depot, Tesco and Metro follow, respectively.

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