CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company retained its position as the world’s top retailer as per Deloitte Report 2021 ranking of global power retail houses?
A
Amazon
B
Walmart
C
Alibaba
D
Reliance
Explanation: 

Detailed explanation-1: -Walmart continues to lead the list, while Amazon becomes the number two global retailer. E-commerce was a key growth driver during the pandemic.

Detailed explanation-2: -Walmart Inc., an American multinational retail corporation, tops the list, followed by Amazon, Inc., Costco Wholesale Corporation, Schwarz Group, and The Home Depot, Inc.

Detailed explanation-3: -The world’s biggest retailers keep getting bigger. Data and analytics firm GlobalData has named the top 25 retailers by revenue in fiscal year 2021. Walmart remains the largest retailer in the world, with US$572.8 billion in revenue, a 2.4% increase year-on-year.

Detailed explanation-4: -Walmart continued its leadership of the world’s Top 250 global retailers.

Detailed explanation-5: -American retail giant Walmart has retained its position as the world’s top retailer on the Deloitte list, with Amazon and Costco placed at the number two and three spots, respectively.

There is 1 question to complete.