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Masatoshi Ito, who is honorary chairman of Ito-Yokado, Asia's largest retailing giant, was down 22% (or $800 million) to $2.7 billion.
Today, with a keen eye for his middle-class customer, Jagtiani oversees one of the largest retailing empires in the Middle East.
Furthermore, both are directly connected to three of the four largest retailing groups in Sweden.
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Local retailers dominate most countries, and international players are absent from the largest retail markets.
A Walgreen's pharmacy is Bay Point's largest retail business.
He created the largest retail drugstore chain in the United States.
Many, such as Fidelity, the world's largest retail-fund firm, rule them out on principle.
By the late 1990s, H&M had become Europe's largest retail clothing chain.
In 1862 he built the largest retail store in the world to house his burgeoning business.
Lloyds, Britain's largest retail bank, is the latest European bank to report poor results.
Barclays is one of Britain's largest retail banks, with millions of depositors.
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