NRF Top 50 Global Retailers 2022 List Thats an 19.7% year-over-year jump, marking a big drop from 71.9% in 2020 for the emerging ecommerce market. 16 new retailers entered the fastest 50 this year, including 5 luxury retailer brands. A leading brick-and-mortar beauty retailer operating across 15 countries faced eroding margins due to pricing challenges. If you are an admin, please authenticate by logging in again. To use individual functions (e.g., mark statistics as favourites, set 3. Grocery retailers have adjusted their strategies in an effort to keep pace. Four imperativessupported by investments in advanced analyticscould be critical to keeping pace. To use individual functions (e.g., mark statistics as favourites, set August 17, 2021. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (DTTL), its global network of member firms, and their related entities (collectively, the Deloitte organization). The composite performance of the companies in the Africa/Middle East region totalled 8.6% growth in retail revenue in FY2021. They occupied 1.8% of the global retail revenue share, and recorded the largest composite five-year CAGR and year-on-year retail revenue growth in FY2021. If we have selected the wrong experience for you, please change it above. Respondents were men and women aged 18 to 75 who are responsible or partially responsible for buying groceries in their home. Mobility is outpacing home connectivity . The Global Powers of Retailing 2023 report shows the top 250 companies posting 8.5% year-on-year growth in retail revenue, up from 5.2% in the previous year. Modern CFOs are finding it tougher to keep their footing, as the cloud of economic uncertainty looms in. Another wrinkle for grocery is the pronounced shift in consumer preferences and behavior. What's the most common final funding type when companies get acquired? This statistic is not included in your account. 1 Walmart held its top position with $499.65bln in U.S. retail sales in 2022. Digital Commerce 360s Latin America Database is a complete ranking and data dive into the leading Latin American online retailers, ranked 1-300 by annual web sales. This chart shows the top retail websites across Latin America in May 2018. Accessed July 09, 2023. https://www.statista.com/statistics/1261158/leading-hyper-stores-supermarkets-latin-america/, Edge by Ascential. Topics Consumer Behavior Retail Ecommerce Sales Profit from the additional features of your individual account. and over 1Mio. To see and download the full ranking, please click below: Top Retailers 2017 1. Brazilian retail chain Raia Drogasil SA was the fastest-growing online retailer in Latin America. "Leading Food Brands in Latin America in 2020 (in Million Consumer Reach Points). Its strong performance was partly due to the acquisition of Tiffany & Co, as well as organic growth in its Asian and US markets, especially through online channels. 1. This list of companies and startups in Latin America in the retail space provides data on their funding history, investment activities, and acquisition trends. One grocery retailer had done little marketing outreach to consumers beyond the occasional text message with general recommendations, and it lacked a customer relationship management system and the ability to track responses at the customer level. ", Edge by Ascential, Leading hyper-stores and supermarket retailers in Latin America based on estimated sales in 2021 and 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1261158/leading-hyper-stores-supermarkets-latin-america/ (last visited July 09, 2023), Leading hyper-stores and supermarket retailers in Latin America based on estimated sales in 2021 and 2026 (in billion U.S. dollars) [Graph], Edge by Ascential, August 17, 2021. Founded in 2007 by Jos Neves for the love of fashion, and launched in 2008, FARFETCH began as an e-commerce marketplace for . The widespread perception among consumers that the retailer was too expensive contributed to 18 months of declining margins and sales. Deloitte. It seems likely that during the year, the rapid rise in inflation and the surge in commodity prices will stabilize or reverse. Profit from the additional features of your individual account. Among the more prominent pharmaceutical markets in Latin America are Argentina, Chile and Ecuador, while top brands in the region include Sanofi, Abbott and Eurofarma . startups, investments and M&A activities, notable investors of these companies, their management team, and recent news are also included. Walmart once again leads the pack, claiming a 12.67% retail share of the market, equating to $572 billion in sales. Inspired by these stories of growth, sustainability, and innovation? statistic alerts) please log in with your personal account. Emil Fazira Bio Han Hu Bio Share: Diverse, digital, dynamicthese are just a few of many characteristics that define Asia's unique retail landscape. In, Deloitte. Which investors participated in the most funding rounds within this hub? What's the investment trend over time for this hub? Statista. The retailer sought to elevate its private brands to strengthen consumer loyalty and stay ahead of local competitors. Use Ask Statista Research Service, The source adds the following note regarding data: "Retailers sales shown are grocery only, encompassing Hyper-Stores and Supermarket operations. To use individual functions (e.g., mark statistics as favourites, set In 2016, Wal-Mart de Mexico, Mexico's largest retailer recorded sales of $28.6 billion, the highest among the supermarkets operating in emerging markets. The top 50 retailers accounted for almost 52% of overall sales in 2020, reinforcing the concentration of the market. Available: https://www.statista.com/statistics/1261158/leading-hyper-stores-supermarkets-latin-america/, Leading hyper-stores and supermarket retailers in Latin America based on estimated sales in 2021 and 2026, Immediate access to statistics, forecasts & reports, Employee volume in large supermarkets in Spain in 2021, Average annual gross salary in main supermarket chains in Spain 2022, Food sales share by distribution channel in Spain in 2021, Supermarkets and grocery stores: quarterly e-commerce revenue in Spain 2014-2021, Number of grocery store online transactions in Spain 2014-2022, Mercadona sales volume in Spain and Portugal 2013-2021, Mercadona net profit in Spain and Portugal 2010-2021, Mercadona's annual investment in Spain 2013-2021, Mercadona number of employees in Spain 2012-2021, Mercadona EBITDA margin in Spain and Portugal 2010-2021, Carrefour supermarkets revenue in Spain 2013-2021, Carrefour number of employees in Spain 2010-2021, Alcampo hypermarkets revenue in Spain 2012-2021, Number of employees working for Alcampo in Spain 2010-2021, Lidl Supermarkets revenue in Spain 2014-2021, Lidl supermarkets employee number in Spain 2011-2021, DIA supermarket chain revenue in Spain 2014-2021, Number of employees of the supermarket chain DIA in Spain 2015-2021, Number of stores of Grupo DIA in 2021, by country, Consum supermarkets revenue in Spain 2013-2021, Number of workers at Consum supermarkets Spain 2011-2021, Number of supermarkets of Consum in Spain 2020, by region, Eroski supermarkets revenue in Spain 2018-2021, Number of supermarket Eroski in Spain 2021, by format, Average operating area of supermarket and hypermarket companies China 2011-2012, Average staff number of supermarket and hypermarket companies in China 2011-2012, Profit margin of supermarket and hypermarket companies in China 2011-2012, by origin, Leading food retailers by market share Singapore 2022, Walmart: number of stores Central America 2011-2019, Walmex: number of employees 2019, by region and contract, Supermarket expenditure in Australia 2017 by company, Catalogue reach of leading supermarkets Australia 2016, Average utility costs of supermarket and hypermarket companies in China 2011-2012, Dr Pepper Snapple's global net sales to Walmart 2014-2017, Cost structure of supermarkets and hypermarkets in China 2011-2013, Leading hyper-stores and supermarket retailers in Latin America based on estimated sales in 2021 and 2026 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. As a Premium user you get access to background information and details about the release of this statistic. We use cookies and similar technologies across our websites to improve their performance and enhance your user experience: Better experience delivery, website traffic analysis and website performance optimization. The top 300 online retailers in Latin America sold $31.62 billion worth of goods in 2021, up 19.7% from $26.42 billion in 2020. (May 20, 2021). Longtime No. Directly accessible data for 170 industries from 150+ countries Investments in new capabilitiesin particular, advanced analyticscould give Latin American grocery retailers the tools and insights they need to stay one step ahead of the competition. Profit from the additional features of your individual account. "Leading Hyper-stores and Supermarket Retailers in Latin America Based on Estimated Sales in 2021 and 2026 (in Billion U.S. facts. The FY2021 composite net profit margin totaled 4.4%, the second-largest net profit margin of any geographical region. In, Kantar Worldpanel. The process included using proprietary tools and analytics to assess its current state versus peers, as well as identifying best practices for priority categories across brand strategy, assortment and pricing, sourcing, and the organization and operating model. As online retailers across the world continued to grapple with supply chain issues, rising costs and fluctuations in consumer demand as life with COVID stretched into its second year, they were still able to maintain early-pandemic gains and grow on top of it. In a recent McKinsey survey of Latin American consumers, 74 percent of respondents indicated their intent to find ways to save money while shopping, with 61 percent actively seeking the best promotions (see sidebar, About the research). These measures helped to kick-start e-commerce sales and stabilize margins after just three months. In, Kantar, und WPP. The list ranks the 50 largest retailers headquartered, or operating in, Latin America, and includes each company's revenues, profits, total assets and EBITDA. One indelible image of Latin America is the independent "mom-and-pop" shop: ubiquitous retailers that range from street stands and kiosks peddling soft drinks and snacks to corner stores selling groceriesroughly a million such businesses in Brazil, more than 800,000 in Mexico, and 400,000 in Colombia, for example. Three out of five consumers plan to focus more on healthy food and nutrition, yet they have a generally low willingness to pay more for attributes such as healthy, sustainable, or environmentally friendly. Series A, Seed, Private Equity), Average of the Crunchbase Ranks of the organizations in this hub, Total number of funding rounds associated with this hub, Total funding amount raised across all funding rounds, Total number of acquisitions made by organizations in the hub, Total number of investments made by investors in this hub, Total number of lead investment firms and individual investors that invested in organizations of this hub, Total number of investment firms and individual investors that invested in organizations of this hub, Median number of investments made by investors in this hub, Median number of lead investments made by investors in this hub, Total number of people associated with this hub, Total number of events associated with this hub, Total amount raised at IPO of all the organizations associated with this hub, Median amount raised at IPO of all the organizations associated with this hub, Average date at which organizations in this hub went public, Percentage of organizations in this hub that have removed their stock from the stock exchange. One leading global retailer operating in Latin America identified an opportunity for its private-label products, but it first had to shore up its capabilities. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). They analyzed the region's six top economies: Mexico, Brazil . Online shoppers prioritize value, quality, and convenience. Forecasts suggest that the region's grocery industry will grow at a robust clip of 5 percent in 2023, placing it among the top-performing regions in the world. If you are an admin, please authenticate by logging in again. "Leading Retailers of Latin America in 2020, by Retail Sales (in Billion U.S. August 25, 2019. Receive the latest business news from around the world directly to your inbox. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. dollars)." As soon as this statistic is updated, you will immediately be notified via e-mail. Latin America's Top Retailers 2019. Because consumers have demonstrated a preference to use different channels for different shopping missions, grocery retailers will need to achieve greater flexibility across channels and reduce barriers to online purchases. Uber Our analysis identified four trends with the potential to reshape the contours of Latin Americas grocery landscape. facts. The fastest-growing retailer in the Latin America region was Mexican department store El Puerto de Liverpool, which grew in year-on-year retail revenue by 35.5%. facts. In fact, Euromonitor International's Lifestyle Survey from 2017 shows that eating fruits and vegetables, not smoking, and regular exercise are viewed as extremely important health factors amongst Latin American . dollars)." Mercado Libre, which has a foothold across Latin America, reaches upward of 170 million consumers. to incorporate the statistic into your presentation at any time. 1 Of course, executives have learned to be cautious, and inflation offers a good reason to be so. Alternative customer communications channels were augmented by a nationwide campaign to gather e-mails, which tripled its total number of e-mails. February 28, 2020. Statista. For instance, a consumer might look to buy fresh fruits from a physical market, but purchases of bulk products (such as 30 pounds of rice) are a better fit for online ordering and delivery. 5. The composite CAGR for the companies in the Asia Pacific region for the period FY2016-2021 was 6.7%, 3.3 percentage points above the previous year. The strong performance of these leading retailers was mainly driven by sales through digital channels and international expansion. * Estimate. The past several years have taught grocery retailers to be nimble in responding to shifting market conditions and spiking consumer demand. Then you can access your favorite statistics via the star in the header. Amazon is in the second position, with 22.4 million visitors. Mercado Libre Estimated number of monthly visitors: 127.64 million Mercado Libre is a marketplace created by the Argentinian e-commerce and electronic payments company of the same name. ", Kantar Worldpanel, Leading food brands in Latin America in 2020 (in million Consumer Reach Points) Statista, https://www.statista.com/statistics/1069340/most-popular-food-brands-latin-america-by-reach/ (last visited July 09, 2023), Leading food brands in Latin America in 2020 (in million Consumer Reach Points) [Graph], Kantar Worldpanel, May 20, 2021. DTTL (also referred to as Deloitte Global) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. 168bn USD Detailed statistics Retail e-commerce sales value worldwide 2022, by region Detailed statistics M-commerce retail sales in Latin America 2019-2025 E-commerce as share of total. The Brazilian unit of Dufry plummeted 23 spots in the ranking, from number eight the year before, down to spot number 31 this year. However, promotions and lower delivery costs could be key to luring Latin American shoppers back to online channels. (December 15, 2022). Get quick analyses with our professional research service. Our mission is to be the global platform for luxury fashion, connecting creators, curators and consumers. Leading 300 online retailers headquartered in Latin America. Walmart was the leading supermarket retailer in Latin America based on estimated sales in 2021. Pro Data is only available by contacting us. Currently, you are using a shared account. For example, while the focus on product quality spans generations, young people are more likely to emphasize convenience, health, and quality, while older shoppers favor cost, experience, and quality (Exhibit 4). In the near term, our analysis suggests that four trends will influence the contours of grocery retail in Latin America: an emphasis on savings, a shifting channel mix, a focus on healthy foods, and the desire for personalization. Consumers are seeking savings along with healthier foods, so retailers have an opportunity to adapt their private brands and forge partnerships with strategic suppliers to serve this demand. A renewed focus on optimizing product portfolios and pricing can uncover previously overlooked opportunities. (August 17, 2021). Explore the heavy hitters such as Brazilian store chain Magazine Luiza SA and mid-market merchants like Chilean store chain La Polar. By David Buchanan. Show sources information Please create an employee account to be able to mark statistics as favorites. Grupo Chedrauis revenues grew 22.7 percent, reaching $5.9 billion, while Lojas Riachuelos revenues reached $2.2 billion, up 16.8 percent from the previous year. 4. Leading hyper-stores and supermarket retailers in Latin America based on estimated sales in 2021 and 2026 (in billion U.S. dollars) [Graph]. Dollars). Meanwhile, the physical channel represents an aggregate growth in future intent of two percentage points, with 87 percent of respondents planning to maintain or increase their spending in physical stores during the coming year. *While we formally launch new editions of each database product annually, we make necessary updates to our rankings and data throughout the year. These markets were driven by Coupang (South Korea), Seven & i (Japan), and Alibaba (China including Hong Kong SAR). Winning grocery retailers will adjust their strategies to respond to consumer trends by focusing on four imperatives. FARFETCH is the leading global platform for the luxury fashion industry. For information, contact Deloitte Global. The fastest growing market in the region was Chile, which grew its retail revenue by 18.5%. According to Nielsen, Brazil and Mexico are the Latin American countries that register the highest consumption in retail. is a complete ranking and data dive into the leading Latin American online retailers, ranked 1-300 by annual web sales. Business Solutions including all features. Investments in advanced analytics are a cross-cutting enabler for the imperatives, given that these capabilities can increase visibility into operations and consumer segments. Web sales range from $1 million to over $4 billion annually. B2W Companhia Digital, a Rio de Janeiro-based online retailer, ranked third with over 16 million visitors accessing its websites. Argentina-based MercadoLibre saw the biggest jump in revenues in Latin Trade's ranking of the Top 50 Retailers in Latin America of 2018. 100% (1) 4K views 6 pages Latin America Retail Forecasts Top 25 Retailers Uploaded by Aaron Chio Description: RNG's coverage in Latin America: we closely track, monitor, & forecast over $200 billion dollars in chain retail sales accounting for close to 20% of formal retail sales in a region with a combined GDP of more than $3.5 trillion dollars. The top growing retail markets in Asia Pacific are South Korea, Japan and China including Hong Kong SAR, reporting retail revenue growth of 3.9%, 11.1% and 10.8%, respectively. Leading food brands in Latin America in 2020 (in million Consumer Reach Points) [Graph]. MercadoLibre's revenues reached $1.39 billion, up 65.6 percent from the year before, and leads the subranking of the Revenue Winners. Plus, download the data! ** Revenue includes wholesale and retail sales. The state of grocery retail in Latin America. ", Kantar & WPP, Most valuable Latin American retail brands in 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/302397/most-valuable-latin-american-retail-brands/ (last visited July 09, 2023), Most valuable Latin American retail brands in 2020 (in billion U.S. dollars) [Graph], Kantar, & WPP, February 28, 2020. Retail revenue grew particularly fast in Turkey, at 31.6%. and over 1Mio. If you disable this cookie, we will not be able to save your preferences. You need at least a Starter Account to use this feature. The top 300 online retailers in Latin America collectively grew digital revenue to $31.62 billion in 2021. A paid subscription is required for full access. 1. Get access to essential strategic content, in-depth reports, industry intelligence, and exclusivedata. As a Premium user you get access to background information and details about the release of this statistic. Accessed July 09, 2023. https://www.statista.com/statistics/1069340/most-popular-food-brands-latin-america-by-reach/, Kantar Worldpanel. Although it had access to consumer data, it hadnt conducted analysis to segment consumers by their needs and preferences. To use individual functions (e.g., mark statistics as favourites, set Growth in Chile was primarily led by Chilean department store and home improvement retailer S.A.C.I Falabella, who saw a 25% increase in customers, in part thanks to the launch of their new online marketplace and home-delivery service. Key challenges of online channels are related to both penetration and frequency of use. A column by Jerry Haar. Retailers with the capabilities to serve both missions can strengthen loyalty with consumers and become the favored choice across channels. That's an 19.7% year-over-year jump, marking a big drop from 71.9% in 2020 for the emerging ecommerce market. The ideal entry-level account for individual users. Nearly all will maintain or increase their personalization budget, and more than three-quarters believe personalization should be a higher priority.32020 trends in personalization, Researchscape International and Evergage, 2020. Download Top 20 Grocery Retailers in Latin America. . The 2023 Top 100 Retailers ranks the industry's largest companies according to domestic sales. By . By Vue.ai January 5, 2023. It has been a remarkable year for Grupo Mxico, Latin Trade presents the Top 10 Business Schools in Chilean Latam Airlines continues to be the most profitable BureaucracyLatin Americas Enduring Nemesis. Please create an employee account to be able to mark statistics as favorites. The e-commerce in South America generated revenue upwards of $32 billion in 2019, and is expected to grow 6.5% by 2023. The company, better known as Walmex operates 2,411 stores in . You need at least a Starter Account to use this feature. What's the most common types of sub-organization? Inretail saw its revenues reach $3.6 billion in 2018, up 50.7 percent from the year before. If you are an admin, please authenticate by logging in again. 13, 2023, by day, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Connect with an expert to schedule a demo and discuss special pricing. If you would like to help improve Deloitte.com further, please complete a 3-minute survey, To tell us what you think, pleaseupdate your settings to accept analytics and performance cookies. What can retailers expect from the global economy in 2023? In 2020, the bakery brand Bimbo was the leading food brand in Latin America with 628 million Consumer Reach Points (CRP), followed by Maggi, with 520 . This search for savings cuts across consumer segments, but strategies differ depending on spending intent (Exhibit 1). Global Retail, Wholesale & Distribution Sector Leader. 5,294 Total Employees. Retailers include MercadoLibre, Amazon, B2W, Alibaba and eBay among others. The pervasiveness of health and well-being as a topic in the public conversation during the pandemic appears set to endure in Latin America. But e-commerce growth is decelerating due to an economic downturn. Other companies with significant losses include Argentinas Patagonia Import and Export SA (-44 percent), and B2W Digital (-22 percent). As grocery retailers seek to respond to shifting consumer preferences, such lessons from the pandemic can help inform omnichannel strategy. Indeed, organizations that can build the capabilities to tailor offers and engagement to specific consumer segments stand to boost sales and strengthen loyalty. December 15, 2022. Use Ask Statista Research Service. Show publisher information Nearly 46% of North American retailers achieved double digit annual retail revenue growth in FY2021, a six-percentage point increase compared to the prior year. [Online]. As soon as this statistic is updated, you will immediately be notified via e-mail. This focus on personalization yielded a 1.5 percent increase in revenues and a 2.0 percent rise in the basket value for premium customers. Brazilian mass merchant Magazine Luiza SA, the largest online retailer in Latin America, grew its first-party ecommerce sales by more than 28% in 2021 a sizable lift after the company already more than doubled its digital revenue the prior year. 1. The spiraling costs of goods and operations will put pressure on retailers to maintain their margins while seeking to capture the benefits of market growth.
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