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Article Date: November 2019
Word Count: 1108

Global Retail Chains Grew 5% in 2018

Driven by organic growth in China and Southeast Asia as well as acquisitions of some major European retail chains, the revenues of the largest sporting goods chains increased 7% in dollars in 2018 to $104,420 million against $98,182 million, and were up 5% in local currency. The year was marked by the increasingly global ambitions of a handful of retailers who believe their importance to key brands is enhanced and their supply chains have the sophistication to adapt to local tastes. They are also looking for growth opportunities as all markets see increasing competition from on-line retailers and the burgeoning ... Log in to view full article.


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