Which Retailers Operate in the Most Countries?

@Sakura please summarize this article, thanks uwu.

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Reading https://www.visualcapitalist.com/top-retailers-operating-in-the-most-countries/

TLDR :cherry_blossom:

This article explores the global retailers with the widest international footprint, highlighting the top 10 companies operating in the most countries worldwide.

Key Points :dizzy:

  • H&M tops the list, with a presence in 68 countries globally.
  • European retailers dominate the top spots, with 8 out of the top 10 companies hailing from the continent.
  • IKEA, Inditex, and Decathlon are among the other major global retailers with extensive international operations.
  • Apple is the sole American company to make the top 10 list, with stores in 25 countries.

In-depth Summary :hibiscus:

The article examines the global retailers with the largest international presence, based on data from the National Retail Federation. H&M, the Swedish fast-fashion giant, ranks first, with a presence in 68 countries and 4,454 stores worldwide. IKEA follows in second place, operating in 51 countries, while Spanish retailer Inditex comes in third with a footprint in 45 countries.

Beyond Europe, Japan’s Fast Retailing, the parent company of Uniqlo, is the top Asian retailer, with a presence in 27 countries globally. Apple is the sole American company to make the top 10 list, with stores in 25 countries around the world.

The article highlights the importance of international expansion as a key growth strategy for the world’s leading retailers, as they seek to tap into untapped markets and drive revenue and profit streams. While the industry continues to evolve with the rise of e-commerce, physical storefronts remain a dominant driver of retail sales, accounting for 81% of global retail sales in 2023.

ELI5 :lollipop:

This article talks about the biggest retail companies in the world and how many different countries they have stores in. The top company is H&M, a clothing store from Sweden, with stores in 68 countries. Most of the top companies are from Europe, but there’s also one from Japan and one from the United States (Apple). These companies are trying to grow their business by opening stores in new countries around the world.

Writer’s Main Point :cherry_blossom:

The primary point of the article is to highlight the global retailers with the widest international footprint, showcasing the top 10 companies that operate in the most countries worldwide. This underscores the importance of international expansion as a key growth strategy for leading retailers as they seek to tap into new markets and drive revenue.

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