Retail Asia 2018 JunJuly2018 | Page 59

2018 RETAIL ASIA-PACIFIC TOP 500 ■ Hardline stores Include furniture and homewares stores, home improvement and gardening stores, and electronics and appliance specialist retailers. ■ Health & beauty stores Retail outlets with a primary focus on selling one or more of the following categories: • Prescription-bound medicines • OTC healthcare • Cosmetics and toiletries • Household care products • Disposable paper products • Nutritionals • Medical and orthopaedic goods ■ Hypermarkets Include stores with a sales area of more than 2,500sqm, and with a primary focus on selling food/beverages/tobacco and other groceries. Hypermarkets also sell a range of non-grocery merchandise. ■ Media products stores Retail outlets specialising in the sale of recorded music, films, video games (including hardware), books, journals and magazines or a combination of these, including digital downloads. ■ Sports goods stores Retail outlets with a primary focus on selling one or more of the following categories: • Sports apparel and equipment • Outdoor pursuits apparel and equip- ment • Bicycles and cycling accessories ■ Supermarkets Retail outlets with a selling space of between 400sqm and 2,500sqm and with a primary focus on selling food/ beverages/tobacco and other groceries. Supermarkets may also sell a selection of non-groceries. ■ Others Include warehouse clubs and retail outlets specialising in food/drink/tobacco, toys and games, jewellery, watches, other leisure and personal goods, and so on. The following data types are presented for the Retail Asia-Pacific Top 500: ■ Retail value sales (excluding sales tax) Value sales generated (excluding sales tax) from the sale of new and used goods to the general public for personal or household consumption from retail outlets, kiosks and stalls. Excludes revenues generated from services (for example, banking, insurance and telecom services) and by specialist retailers of motor vehicles, mo- torcycles, vehicle parts, fuel, foodservice, rental and hire, wholesalers, cash-and-carry outlets, and so on. Retailing also excludes the informal retail sector, that is, the retail trade which is not declared to the tax authorities. ■ Company names The company names included in the Top 500 ranking are representing the company that owns, or licenses, the fascia in each country and market segment. The companies are frequently a subsidiary of the global owner of the fascia (and sometimes it is the same company) but not necessarily — it may be operating under licence or a franchise agreement. OV E R V I E W METHODOLOGY Companies which have spun off from each other in the past and currently oper- ate separately, instead of as a part of a larger group, are represented separately, for example, Matahari Department Store and Matahari Putra Prima in Indonesia. Similarly, companies which were estab- lished as a joint venture between two different market players, and their owner- ship is split equally between each of the partners, are represented as companies on their own in the ranking. ■ Retail sales area Also known as selling space, this refers to the space within a retail store used for trading and includes sales floor, changing rooms, checkouts, areas behind counters and so on. Space allocated to warehous- ing, offices and car parks is excluded. ■ Outlets Fixed business units that are used princi- pally for retailing, that is, selling consumer goods to the general public. ■ Review period This refers to the five-year period from 2012 to 2016 inclusive. ■ Forecast period This refers to the five-year period from 2017 to 2021 inclusive. ■ Store-based retailing Store-based retailing is the aggrega- tion of grocery retailers, non-grocery specialists and mixed retailers. Excludes specialist retailers of motor vehicles, motorcycles, vehicle parts, fuel. Also excludes foodservice, rental and hire and wholesale industries, including cash-and- carry. Excludes the informal retail sector. In relation to foodservice sales, the store-based retailing data includes sales of prepared food, like that often sold through in-store delis as well as hot and cold bars. Foodservice sales are excluded from store sales when a foodservice outlet can be clearly iden- tified by a separate ordering station. Often, this includes a dedicated sitting area. Sales are also excluded when the company reports foodservice sales separately. Takeaway food, such as sand- wiches or ready-to-drink coffee at con- venience stores, is also not included. ra *For further information on Internet retailing, refer to pages 73. Retail Asia June/July 2018 57