Top 100 companies worldwide: Retail Trade, Except Motor Vehicles

In recent years, the retail trade industry, except motor vehicles, has faced a multitude of changes. While digital technology adoption has brought on innovation, specific retail formats (e.g., convenience and franchise stores) are growing significantly faster than others. The retail market for fast-moving consumer goods is highly affected by the rise of eCommerce and shifts in consumer behavior, which includes an increasing demand for multiple delivery and collection options. Sales worldwide in retail trade, not including motor vehicles and motorcycles, are projected to amount to US$30.57 trillion in 2024.The number of large companies in the retail trade industry, which excludes motor vehicles, is an indicator of the overall economic performance of that sector. Not only do these companies provide jobs for the local markets, but they are also able to achieve success in global markets, thus generating greater value.