The "Global Powers of Retailing 2023" report highlights growth in retail revenues across the top 250 global retailers, with Walmart leading in revenue and JD.com showing the highest growth at 25.1%. E-commerce and digital tools continue to shape consumer behavior, pushing for omnichannel strategies. Sustainability is a priority, with major retailers focusing on renewable energy, reducing plastic use, and expanding resale markets. Companies like Burberry and Inditex emphasize traceable sourcing and circular economy initiatives, aiming for net-zero emissions by mid-century.

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