Globalization pays off
Posted by John Blogg
Over the longer term, retailers operating in more countries have grown sales nearly 2 percentage points faster than retailers operating in only one or two countries. Although this did not hold true in 2006, when retailers
that stayed closer to home outpaced their more globally minded peers, profitability for the global retailers was considerably higher. Please read this interesting research study on globalization.
Retailers with operations in 10+ countries posted and average net profit margin of 4.7% compared with 3.1% for those operating in only one or two countries.
Source: Deloitte
