Our worlds have been constantly changing everyday. The needs of people have been rising and things are required on a daily basis. This is where retail chains have revolutionized our lives with everything available under one roof. Here is a list of top 10 Retail companies in the world in 2014 based on their latest year revenues. This list has been prepared taking into consideration all the retail companies including pharmaceutical sector in addition to the general retail companies.
10. Metro AG
Metro AG is a German retail and wholesale-cash and carry group. The company is headquartered in Dusseldorf, Germany. Though origin stands in the establishment of the company by Otto Beishem in 1964, Metro AG was formed through the merger of the retail companies Asko Deutsche Kaufhaus AG and Deutsche SB-Kauf AG in 1996. Company employs more than 2, 50,000 employees, working 2200 outlets in 31 countries in Europe and Asia.
Metro operates mainly through 4 divisions, Metro Cash & Carry, the world’s market leader in Cash & Carry, which accounts for more than 50% sale of the group. Media Markt and Saturn is Europe’s leader in consumer electronic retailing. Real hypermarkets offer food products, clothing, shoes, electronics, books, sports, toys and leisure products. Galeria Kaufhof is system leader in departmental store business. Real estate segment of the company comprises all real estate and related services.