According to IGD’s new Global Retailing Report Wal-Mart has moved within touching distance of Ahold, which follows Carrefour in top spot.
Business manager - International Research - at IGD Louise Spillard said that following difficulties in South America “a number of concerns have emerged regarding the widespread nature of Ahold’s global strategy”.
“This is an area where Wal-Mart is now excelling, as shown by its recent move into Japan and its continued strong growth in key non-domestic markets such as the UK, Canada and Mexico.
“As a result it is climbing the table and given its relative immature nature of its international programme, its position can only improve,” she said.
Wal-Mart first began to expand out of its home market in 1991, compared to Carrefour in 1973 and Ahold in 1976.