The report shows the top 250 companies posting 8.5% year-on-year growth in retail revenue, up from 5.2% in the previous year. The apparel and accessories sector achieved the highest annual sales growth with 31.3%.
The top 250 retailers achieved an average net profit margin of 4.3%. With 73% of Consumer Industry CXOs having increased investments in sustainability over the last year, this remains high on the agenda.
This year’s report includes a new section around creating the future of the store and the integration of emerging technology in the retail industry. It also investigates what retailers are doing in the field of sustainability.