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Global Retailing: An American Business?

Author

Listed:
  • Sorin-George Toma

    (University of Bucharest)

  • Grădinaru Cătălin

    (University of Bucharest)

Abstract

Since the end of the Second World War, retail has undergone a profound and long-term transformation all over the world. The second half of the twentieth century witnessed a structural shift from small and independent single-establishment retailers towards big discount chains operating larger that distribute a multitude of goods to multiple markets. Foreign retailer investments around the world have intensified since the end of the last century as the large international retailers transformed themselves into global business organizations. The paper aims to present and analyze the evolution of global retailing in recent years. In order to achieve the objectives of the paper the authors used a quantitative research method. The results demonstrated that the world’s largest retailers by their retail revenues are from North America and Europe, with a clear majority of the American corporations. Wal-Mart has been by far the largest global retailer in the period 2016-2019.

Suggested Citation

  • Sorin-George Toma & Grădinaru Cătălin, 2020. "Global Retailing: An American Business?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 99-103, August.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:1:p:99-103
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%201/14.pdf
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    References listed on IDEAS

    as
    1. Sorin-George I. TOMA, 2019. "The Evolution Of The Ten Largest Corporations Of The World In The Period 2017-2018," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 21, pages 213-219, December.
    2. Catalin Gradinaru & Sorin-George Toma, 2018. "The Largest Corporations In The World In The Period 2016-2017," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 0, pages 68-73, December.
    3. Timothy Dunne & J. Bradford Jensen & Mark J. Roberts, 2009. "Producer Dynamics: New Evidence from Micro Data," NBER Books, National Bureau of Economic Research, Inc, number dunn05-1.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Sorin-George Toma & Stefan-Alexandru Catana & Catalin Gradinaru, 2022. "Competitive Business Strategies In Global Retailing: The Case Of Wal-Mart," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 106-112, February.
    2. Sorin-George Toma, 2024. "The Largest Global Retailers in the COVID-19 Pandemic Period 2020-2021," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 542-548, August.

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    More about this item

    Keywords

    global retailing; global retailers; revenues; corporations; Wal-Mart;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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