Leading retailers ranked by turnover in Europe 2020
The big 15 in Europe’s retail scene is an (almost) exclusive club of supermarkets. At the top of the list was the German retail group Schwarz with an annual turnover of 113 billion euros. Schwarz owns the supermarket chains Lidl and Kaufland, both of which also have branches in Europe. Together with the second contender in this list Aldi, Schwarz Group’s Lidl were rated to be one of the most popular supermarkets in Germany in 2020.
German supermarkets have the edge
Apart from Schwarz Group and Aldi, Germany has three more supermarket retailers that trailblaze in Europe. The respective turnover figures of Rewe and Edeka set the competition between the two chains on edge, with the former having the lead by a narrow margin. Wholesale and cash and carry supermarket Metro made it to the list only just, with a turnover of about 25 billion euros generated in Europe. In 2016, Metro was split into two companies and transferred its electronics retail business to Ceconomy. Ceconomy now runs Media Markt and Saturn, the leading consumer electonics company in Europe in 2018.
Make way for IKEA
After Germany-based brands, France and the UK boasted many of the leading retailers in Europe. Carrefour came third with an annual turnover of 73 billion euros. Sweden’s IKEA was the only non-supermarket retailer to earn a place on the list. With 29 billion euros worth of turnover, IKEA ranked in 14th place in Europe, where the Swedish furniture retailer has the strongest store presence.
German supermarkets have the edge
Apart from Schwarz Group and Aldi, Germany has three more supermarket retailers that trailblaze in Europe. The respective turnover figures of Rewe and Edeka set the competition between the two chains on edge, with the former having the lead by a narrow margin. Wholesale and cash and carry supermarket Metro made it to the list only just, with a turnover of about 25 billion euros generated in Europe. In 2016, Metro was split into two companies and transferred its electronics retail business to Ceconomy. Ceconomy now runs Media Markt and Saturn, the leading consumer electonics company in Europe in 2018.
Make way for IKEA
After Germany-based brands, France and the UK boasted many of the leading retailers in Europe. Carrefour came third with an annual turnover of 73 billion euros. Sweden’s IKEA was the only non-supermarket retailer to earn a place on the list. With 29 billion euros worth of turnover, IKEA ranked in 14th place in Europe, where the Swedish furniture retailer has the strongest store presence.
