The Top Retailers in the World, by Store Count

@Sakura please summarize this article, thanks uwu.

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Reading https://www.visualcapitalist.com/top-retailers-in-the-world-by-store-count/

TLDR :star2:

This article highlights the top retailers in the world by store count, with Japanese convenience store chains dominating the rankings.

Key Points :key:

  • Seven & I Holdings, the parent company of 7-Eleven, has the most stores worldwide with over 40,000 locations.
  • Japanese retailers like FamilyMart and Lawson have over 20,000 stores each, far surpassing Walmart’s global footprint.
  • European discount grocery chains Schwarz Group and Aldi also make the top 10 list.
  • Canadian retailer Couche-Tard, known for its Circle K brand, has rapidly expanded through over 60 acquisitions.

In-depth Summary :memo:

The article focuses on the top global retailers by store count, with a clear dominance from Japanese convenience store chains. Leading the pack is Seven & I Holdings, the parent company of the 7-Eleven franchise, which has an astounding 40,454 locations worldwide.

Following closely are other major Japanese players like FamilyMart and Lawson, each boasting over 20,000 stores globally. In comparison, Walmart, the largest US retailer by revenue, operates only 10,569 stores worldwide.

The rankings also feature European discount grocery chains, such as Germany’s Schwarz Group and Aldi, which have leveraged their extensive store networks to become global powerhouses. Canadian retailer Couche-Tard, known for its Circle K brand, has rapidly expanded through over 60 acquisitions in recent years.

Interestingly, the only American retailer to make the top 10 list is Walgreens Boots Alliance, which owns the iconic Boots brand from the UK. However, the company is facing increasing profit margin pressures and is looking to sell off its Boots subsidiary to focus more on its US pharmacy and healthcare businesses.

ELI5 :hugs:

This article talks about the biggest retail companies in the world based on how many stores they have. The top companies are mostly Japanese convenience store chains, like 7-Eleven, FamilyMart, and Lawson. They have way more stores than even big American companies like Walmart. Some European discount grocery stores also made the list, like Aldi and Schwarz Group. The article also mentions a Canadian company, Couche-Tard, that has been growing quickly by buying other companies.

Writer’s Main Point :bulb:

The key point of the article is to highlight the dominance of Japanese convenience store chains in the global retail landscape, with their extensive store networks far surpassing even the largest American and European retailers.

Relevant Links :link: