Deloitte: Top 250 Retailers Hit $4 Trillion in Revenues

http://www.equities.com/news/headline-story?dt=2013-01-15&val=922585&cat=goods

The revenues of the world's 250 largest retailers topped $4 trillion* in fiscal year 2011 (encompassing companies' fiscal years ended through June 2012), according to the 2013 Global Powers of Retailing  report from Deloitte Touche Tohmatsu Limited (DTTL), in conjunction with STORES Media. This is a 5 percent year-on-year increase in retail revenue despite the global economic downturn. Additionally, according to the report retail revenue rose significantly for companies based in emerging markets in Africa, the Middle East, Latin America and Asia Pacific (excluding Japan).