Target Corp-10

Source: Deloitte, Global Power of Retailing

Country of Origin: US

Countries of operation: 1 2009 Revenue: $65.35 billion 2009 Profit Margin: 3.8 percent Target was No. 10 among global retailers this year, but in Deloitte's breakdown by product sector, Target came in second among diversified retailers, only behind Germany's Metro AG.

The Home Depot-9

Country of Origin: US

Countries of operation: 5 2009 Revenue: $66.17 billion 2009 Profit Margin: 4.0 percent Home Depot dropped two places on this year's list, reflecting the collapse of the US housing market and continued slide in home improvement sales.

Aldi Einkauf GmbH & Co.-8

Country of Origin: Germany

Countries of operation: 18 2009 Revenue: $67.70 2009 Profit Margin: n/a Hard discounter Aldi was one of only three retailers to make the top-10 list that also managed to outpace the top 250's 1.3 percent composite growth rate. The German retailer had 3.8 percent sales growth.

Costco Wholesale Corp.-7

Country of Origin: US

Countries of operation: 9 2009 Revenue: $71.42 billion 2009 Profit Margin: 1.5 percent Costco moved up one place in this year's top-10 list, and also climbed to third place on the top-10 North American retailers list.

The Kroger Co.-6

Country of Origin: US

Countries of operation: 1 2009 Revenue:$76.73 billion 2009 Profit Margin: 0.1 percent

Food retailers showed resilience over the recessionary times and Kroger was no exception. The sector increased both its share of companies in Deloitte's top 250 list and also its share of sales. In 2009, the sector accounted for more than half of the companies on the list and more than two-thirds of sales.

Schwarz Unternehmens Treuhand KG-5

Country of Origin: Germany

Countries of operation: 25 2009 Revenue: $77.22 billion 2009 Profit Margin: n/a Germany's Schwarz was among three top-10 retailers to outpace the top-10 250's 1.3 percent composite growth rate by the skin of its teeth at 1.4 percent.

Tesco-4
Country of Origin: UK

Countries of operation: 13 2009 Revenue: $90.43 billion 2009 Profit Margin: 4.1 percent Like Schwarz and Aldi, this British retailer also saw greater sales growth (the highest among the top 10 at 4.8 percent) than the top 250's 1.3 percent composite growth rate.

Metro AG-3
Country of Origin: Germany

Countries of operation: 33 2009 Revenue: $91 billion 2009 Profit Margin: 0.8 percent

The German retail giant was the top ranking company among the five German retailers to make the top-10 list, but one of only four of the top-10 retailers to see decreased sales growth in 2009. Despite that decrease, Metro managed to top Deloitte's subcategory of diversified retailers.

Carrefour-2
Country of Origin: France

Countries of operation: 36 2009 Revenue: $122 billion 2009 Profit Margin: 0.5 percent French retailer Carrefour was one of only four of the top-10 retailers to see declining sales in 2009 in spite of its presence in 36 countries and its No. 1 slot among European retailers.

Wal-Mart-1
Country of Origin: US

Countries of operation: 16 2009 Revenue: $404 billion 2009 Profit Margin: 3.6 percent Wal-Mart is the undisputed retail leader in North America and tops the global list of retailers, but the company's international operations in 15 countries outside the United States generate just under 25 percent of annual sales.

Russia
Russia shares borders with Norway, Finland, Estonia,

Latvia, Lithuania and Poland (both via Kaliningrad Oblast), Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia, and North Korea. It also has maritime borders with Japan by the Sea of Okhotsk, and the United States by the Bering Strait. At 17,075,400 square kilometers (6,592,800 sq mi), Russia is the largest country in the world, covering more than one eighth of the Earth's inhabited land area. Russia is also the eighth most populous nation with 143 million people. It extends across the whole of northern Asia and 40% of Europe, spanning nine time zones and incorporating a wide range of environments and landforms. Russia has the world's largest reserves of mineral and energy resources and is the number one natural gas producer as well as number one oil producer globally. Russia has the world's largest forest reserves and its lakes contain approximately one-

 Capital

(and largest city) Moscow Official language(s) Russian official throughout the country; 27 others co-official in various regions Ethnic groups (2010) 81% Russians 3.7% Tatars 1.4% Ukrainians 1.1% Bashkirs 1% Chuvashes 11.8% Others and Unspecified Demonym Russian Government Federal semi-presidential republic President Dmitry Medvedev

Prime Minister -Vladimir Putin -

Russia
Following the Russian Revolution, Russia became the largest

and leading constituent of the Soviet Union, the world's first constitutionally socialist state and a recognized superpower, which played a decisive role in the Allied victory in World War II. The Soviet era saw some of the most significant technological achievements of the 20th century, including the world's first human spaceflight. The Russian Federation was founded following the dissolution of the Soviet Union in 1991, but is recognized as the continuing legal personality of the Soviet state. Russia has the world's 11th largest economy by nominal GDP or the 6th largest by purchasing power parity, with the 5th largest nominal military budget. It is one of the five recognized nuclear weapons states and possesses the largest stockpile of weapons of mass destruction. Russia is a great power and a permanent member of the United Nations Security Council, a member of the G8, G20, the Council of Europe, the Asia-Pacific Economic Cooperation, the Shanghai Cooperation Organisation, the Eurasian Economic Community, the Organisation for Security and Cooperation in Europe (OSCE), the World Trade Organisation (WTO), and is the leading member of the Commonwealth of Independent States.

Russia

France
It is the largest western European country and it possesses the second

largest exclusive economic zone in the world, covering 11,035,000 km2 (4,260,000 sq mi), just behind that of the United States (11,351,000 km2 / 4,383,000 sq mi). Over the past 500 years, France has been a major power with strong cultural, economic, military and political influence in Europe and around the world The French Republic is defined as indivisible, secular, democratic and social by its constitution. France is one of the world's most developed countries, it possesses the world's fifth largest economy measured by GDP, the ninthlargest economy measured by purchasing power parity and is Europe's second largest economy by nominal GDP. France is the wealthiest European (and the world's 4th) nation in aggregate household wealth. France enjoys a high standard of living as well as a high public education level, and has also one of the world's highest life expectancies. France has been listed as the world's "best overall health care" provider by the World Health Organization. It is the most visited country in the world, receiving 82 million foreign tourists annually. France has the world's third largest nominal military budget, the third largest military in NATO and EU's largest army. France also possesses the third largest nuclear weapons stockpile in the world with around 300 active warheads as of 25 May 2010 (2010 -05-25) and the world's second largest diplomatic corps (second only to that of the United States). France is a founding member of the United Nations, one of the five permanent members of the UN Security Council, and a member of the Francophonie, the G8, G20, NATO, OECD, WTO, and the Latin Union. It is also a founding and
[27]

G8
The Group of Eight (G8, and formerly the G6 or Group of Six

then G7) is a forum, created by France in 1975, for the governments of seven major economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. In 1997, the group added Russia, thus becoming the G8. In addition, the European Union is represented within the G8, but cannot host or chair. Collectively, the G8 nations comprise 53.0% of global nominal GDP and 42.5% of global GDP (PPP). Each calendar year, the responsibility of hosting the G8 rotates through the member states in the following order: France, United States, United Kingdom, Russia, Germany, Japan, Italy, and Canada. The holder of the presidency sets the agenda, hosts the summit for that year, and determines which ministerial meetings will take place. Lately, both France and the United Kingdom have expressed a desire to expand the group to include five developing countries, referred to as the Outreach Five (O5) or the Plus Five: Brazil, People's Republic of China, India, Mexico, and South Africa. These countries have participated as guests in previous meetings, which are sometimes called G8+5.

'Like-For-Like Sales(LFL)
The portion of current sales achieved through

activities that are comparable to the activities of the previous year.

Using like-for-like sales is a method of valuation that attempts to exclude any effects of expansion, acquisition, or other events that artificially enlarge the company's sales. For example, if you are trying to compare the turnover of company ABC from this year to last year, it makes sense to exclude from the equation any sales resulting from acquisitions this year.