Wednesday, August 21, 2013

Week 7 Largest Fashion Retailer in the World



Inditex is one, if not, the biggest fashion retailer in the world. Amancio Ortega, the richest man in Spain and the third richest man in the world, founded the company. Currently Pablo Isla is the Chairman of Inditex. Inditex is based in Arteixo, Galicia, Spain. The company has compromised more than 100 apparel companies and more than 6,000 retail outlets operating in 86 sales markets around the world. Inditex is an apparel and fashion retailer and that is why it is the biggest fashion retailer.
Walgreen is the fourth biggest retailer in the world. Walgreens first opened in 1901. The company up until a year ago made over $66,330,00 in retail sales with 97% of worldwide USA sales. The company has been slowly expanding itself and since 2010 the company has grown 2.6% more opening stores.
Best Buy is the ninth largest retailer in the world. Founded in 1966 in Minnesota. The company is at more than $37,551,000 with 74% of USA retail sales. The company has opened 10.0% more stores as part of they growth pattern and success.




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