Apple Named Top Retailer

Apple has been named the world's top retailer, at the World Retail Congress in Spain. According to the Insider Retailing Web site, Apple beat out Walmart, Aidi and Primark, who were other finalists.

“Who would have imagined that you could take a single brand based on technology and do what Apple has done?," the judging panel said in a statement. "When it started to open its stores Apple not only broke into the retail market but has delivered a fantastic proposition backed by great products and exceptional customer service.”