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Retail Industry Information: Overview of Facts, Research, Data & Trivia

Of the world’s 10 largest retail companies, six are from the US and four are from Europe. These top ten had combined sales of $978.5 billion in 2007, according to international consulting group, Deloitte. Retailing is a primary driver of the global economy. To maintain the highest level of profitability, retailers are establishing a presence in fertile foreign markets. Retail organizations now view their potential market share to include worldwide consumers, not just customers in their home country. Read the full article

The worlds largest malls - Mega shopping centers are springing up across Asia. But will they last?

Thanks to the bum economy, not many people are hitting the malls these days. But that hasn't stopped developers from building them bigger and better than ever. In Asia, where land is cheap and labor costs are low, enormous shopping malls are popping up in Dubai, China, and the Philippines, with India expected to jump into the fold soon. The latest to open: The Dubai Mall in the UnitedArab Emirates, a mini metropolis featuring 1,200 stores, a 22-screen movie theater and a five star hotel. Read the full article

Retailers are doing better at keeping their customers happy, despite the weakening of consumer spending in the economic downturn, a major survey reveals.

The retail (non-food) sector is now top of the league for customer satisfaction out of 12 private and public sectors, according to the latest national measure by the Institute of Customer Service (ICS). And retail (food) has made vast strides to be just one rating point behind in third place.Read the full article

Consumers make new call for supermarket ombudsman

Supermarkets that treat their suppliers unfairly should be punished by a newly-created watchdog, according to a new poll. On the survey commissioned by Traidcraft and the Cross Cutting Group, and conducted by YouGov, 81% of consumers said an ombudsman should be created to penalise unacceptable practices.Read the full article

Exclusive: energy-saving measures more important in credit crunch

Three-quarters of consumers think energy-saving measures have become more important in the last six months, while nearly 40% believe reducing their carbon footprint has grown in importance, according to new research.Read the full article

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