According to a new report from Deloitte Touche Tohmatsu, the top 250 retailers in the world saw a 6 percent gain in consumer spending last year. In the period from July 1, 2005 to June 30, 2006, consumers spent a record $3.01 trillion with these retailers, compared to $2.84 trillion in the same time frame one year earlier. This averages out to $90,000 per second.
The report, “The Global Powers of Retailing 2007,” ranks the 250 by revenue, and lists the 50 fastest growers. Says Consumer Business Director at Deloitte Services LP’s Deloitte Research Ira Kalish, “Although the global economy showed signs of stress, the year ended June 2006 was healthy for most of the world’s leading retailers. However, sustaining such performance will not be easy.”
You can download a copy of the report here.
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