Stores 2008 Global Powers of Retailing - (Page 34) 2008 global powers of retailing Fastest 50 benefit from newcomers The 50 fastest-growing retailers increased sales an average 28.7% over the 2001-06 period, more than three times the rate of the Top 250. Eight of the 18 newcomers to the Global Powers list also have the distinction of being among the Fastest 50. Newcomer Euroset Group of Russia tops the list with compound annual sales growth of 137%. Two of the four Chinese retailers, GOME and Suning, are also near the top based on their five-year sales growth. Iceland’s Baugur Group, which was the fastest-growing retailer on last year’s list, has dropped to second-fastest. The company, which generates the vast majority of its retail sales in the UK, has continued its acquisition spree. In recent years, some of the companies it has acquired or invested in include Big Food Group, Hamleys (toys), Magasin Du Nord and House of Fraser (department stores), Goldsmiths and Mappin & Webb (jewelry), MK One (apparel), and Merlin (electronics). Tapping underserved geographic markets and focusing on high-growth product categories has helped many of the Fastest 50 achieve robust growth. However, retailers in this elite group hail from every region and represent virtually all merchandise categories and retail formats. This demonstrates that companies with a superior value proposition can find many pathways to growth. 50 fastest-growing retailers 2001-2006 Growth Top 250 rank rank 1 229 Name of company Euroset Group Country of origin Russia Formats Electronics Specialty Apparel/Footwear Specialty, Cash&Carry/Warehouse Club, Convenience/Forecourt Store, Department Store, Discount Store, Drug Store/Pharmacy, Electronics Specialty, Other Specialty, Supermarket Electronics Specialty Convenience/Forecourt Store Drug Store/Pharmacy Convenience/Forecourt Store, Department Store, Drug Store/Pharmacy, Hypermarket/Supercenter/Superstore, Other Specialty, Supermarket Electronics Specialty Discount Store, Drug Store/Pharmacy, Electronics Specialty, Hypermarket/Supercenter/Superstore, Other Specialty, Supermarket Other Speciality Department Store, Other Specialty Department Store, Electronics Specialty, Other Specialty, Supermarket Discount Store, Hypermarket/Supercenter/Superstore, Supermarket Department Store, Home Improvement, Hypermarket/Supercenter/Superstore, Supermarket Convenience/Forecourt Store, Discount Store Non-Store Electronics Specialty Drug Store/Pharmacy Electronics Specialty 2006 retail sales (US$mil) 2,973 2001-2006 CAGR* 137.0% 2 47 Baugur Group hf. Iceland 15,033 112.0% 3 4 5 218 59 76 GOME Electrical Appliances Holding Limited Alimentation Couche-Tard Inc. The Jean Coutu Group (PJC) Inc. Tokyu Corporation Suning Appliance Co. Ltd. AS Watson & Company, Ltd. GameStop Corp. The Bon-Ton Stores, Inc. Dalian Dashang Group China Canada Canada 3,104 12,087 9,786 65.8% 51.2% 49.3% 6 7 8 9 10 11 12 13 14 15 16 17 18 125 216 54 134 200 224 236 119 209 70 164 195 158 Japan China Hong Kong SAR US US China 5,652 3,126 12,764 5,319 3,362 3,036 2,911 5,864 3,261 10,711 4,114 3,478 4,528 42.9% 41.1% 38.0% 36.5% 36.0% 36.0% 34.3% 28.6% 28.6% 28.0% 27.0% 26.9% 26.1% Koç Holding/Migros Türk TAS Turkey Cencosud S.A. FEMSA Comercio, S.A. de C.V. Amazon.com, Inc. Bic Camera Inc. Dirk Rossmann GmbH Casas Bahia SA Chile Mexico US Japan Germany Brazil G34 STORES / January 2008 www.deloitte.com/consumerbusiness http://www.deloitte.com/consumerbusiness
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