Mercadona remains among the top 50 world retailers
According to the classification by Kantar Retail, it’s the only Spanish company among the 50 top retailers of the world.
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The ranking is led by Walmart, while Amazon rises to second place.
The Valencia-based company has lost seven places with respect last year ranking, ranking now 49th. “Mercadona’s drop isn’t the result of a decrease in its performance, it’s due to the entrance of new international retailers”.
The reports points out that the company closed 2016 with a turnover of €21.6 billion, and it’s expected that its sales will increase by 5% in the period 2017-2022.
It remains as the solid leader of the Spanish distribution sector, after reaching a market share of 24.1% in 2016.
Source: fyh.es