The World's Largest Supermarket Chains
In the grocery industry, you face fierce competition. That's because big corporations with deep pockets have flooded the market, creating an environment in which spending on sales & marketing is extremely high. The mega-chains massive budgets have enabled them to imprison their suppliers and store open till midnight with dictated prices. Despite its success, the European market for groceries is dominated by three large groups that account for about 80% of a market worth over $600 Billion Euros: Carrefour (France), Ahold NV (Netherlands), and METRO AG (Germany). The sheer size of such corporations gives them a natural monopoly on the market. Clearly, these brands don't do everything by themselves. They rely on third-party suppliers that are responsible for product development and manufacturing, as well as delivery and inventory management. 1. Walmart Walmart is the world's largest retailer, with more than 11,000 stores in 28 countries. The company was founded by Sam ...