Is Global Grocery Retailing Getting More Concentrated?

While the move towards more concentration in grocery retailing is apparent in most markets, either developed or emerging countries, this trend cannot be seen at a global level. This reflects that the largest retailers, notably the top three global players, remain highly dependent on mature, developed markets, so that their sales growth lags behind that of local players in emerging markets. The saturation of large store formats may undermine expansion prospects for some of the largest players.