Global Retailing: An American Business?

Sorin-George Toma () and Grădinaru Cătălin ()
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Sorin-George Toma: University of Bucharest
Grădinaru Cătălin: University of Bucharest

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 1, 99-103

Abstract: Since the end of the Second World War, retail has undergone a profound and long-term transformation all over the world. The second half of the twentieth century witnessed a structural shift from small and independent single-establishment retailers towards big discount chains operating larger that distribute a multitude of goods to multiple markets. Foreign retailer investments around the world have intensified since the end of the last century as the large international retailers transformed themselves into global business organizations. The paper aims to present and analyze the evolution of global retailing in recent years. In order to achieve the objectives of the paper the authors used a quantitative research method. The results demonstrated that the world’s largest retailers by their retail revenues are from North America and Europe, with a clear majority of the American corporations. Wal-Mart has been by far the largest global retailer in the period 2016-2019.

Keywords: global retailing; global retailers; revenues; corporations; Wal-Mart (search for similar items in EconPapers)
JEL-codes: F23 M00 M16 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (3)

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