Published by Sep 29, 2023
The retail industry encompasses the journey of a good or service. This typically starts with the manufacture of a product and ends with said product being purchased by a consumer from a retailer. As a result of globalization and various trade agreements between markets and countries, many retailers are capable of doing business on a global scale. Based on retail sales generated in the financial year 2021, Walmart was by far the world's leading retailer with retail revenues reaching over 572 billion U.S. dollars.
U.S. companies dominate global retail
Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of American retailers doing business around the world. The domestic retail market in the United States is also very competitive, with many companies recording substantial retail sales. The success of U.S. retailers can also be seen through their performance in online retail. Amazon is a prime example of this, with the company’s sales revenue flourishing over the previous years in line with the rise of e-Commerce worldwide.
Leading retailers worldwide in 2021, by retail revenue (in billion U.S. dollars)
| Company (Country of origin) | Retail revenue in billion U.S. dollars |
|---|---|
| Walmart Inc (United States) | 572.75 |
| Amazon.com, Inc. (United States) | 239.15 |
| Costco Wholesale Corporation (United States) | 195.93 |
| Schwarz Group (Germany) | 153.75 |
| The Home Depot, Inc. (United States) | 151.16 |
| The Kroger Co. (United States) | 136.97 |
| JD.com, Inc (China) | 126.39 |
| Walgreens Boots Alliance, Inc (United States) | 122.05 |
| Aldi Einkauf GmbH & Co. oHG (Germany)* | 120.95 |
| Target Corporation (United States) | 104.61 |
| CVS Health Corporation (United States) | 100.11 |
| Lowe's Companies, Inc. (United States) | 96.25 |
| Ahold Delhaize (Netherlands)*** | 89.38 |
| Tesco PLC (United Kingdom) | 82.88 |
| Seven & i Holdings Co., Ltd. (Japan)*** | 76.91 |
| Edeka Group (Germany)** | 72.46 |
| Aeon Co., Ltd. (Japan) | 72.19 |
| Albertsons Companies, Inc. (United States) | 71.89 |
| Rewe Group (Germany)*** | 62.74 |
| LVMH Moët Hennessy-Louis Vuitton S.A. (France) | 56.31 |
| Centres Distributeurs E. Leclerc (France)** | 54.39 |
| Best Buy Co., Inc. (United States) | 51.76 |
| The TJX Companies, Inc. (United States) | 48.55 |
| Publix Super Markets, Inc. (United States) | 48.39 |
| The IKEA Group (INGKA Holding B.V.) (Netherlands) | 44.7 |
| ITM Développement International (Intermarché) (France)** | 43.63 |
| Loblaw Companies Limited (Canada)*** | 41.68 |
| Woolworths Limited (Australia)*** | 41.32 |
| Alibaba Group Holding Limited/New Retail & Direct Sales (Hong Kong SAR) | 40.65 |
| J Sainsbury plc (United Kingdom) | 40.41 |
| Casino Guichard-Perrachon S.A. (France) | 36.12 |
| ELO SA (formerly Auchan Holding SA) (France)* | 36.11 |
| Dollar General Corporation (United States) | 34.22 |
| H-E-B Grocery Company LP (formerly H.E. Butt Grocery Company) (United States)* | 33 |
| Inditex, S.A. (Spain)*** | 32.57 |
| Asda Group Limited (United Kingdom) | 32.3 |
| Mercadona, S.A. (Spain) | 30.17 |
| Groupe Adeo SA (France)*** | 30.04 |
| X5 Retail Group N.V. (Russia)*** | 29.83 |
| Coles Group Limited | 28.55 |
| Migros-Genossenschafts Bund (Switzerland) ** | 28.32 |
| Système U, Centrale Nationale (France)** | 27.95 |
| Coop Group (Switzerland)** | 27.56 |
| Dollar Tree, Inc. (United States) | 26.32 |
| Ceconomy AG (Germany) | 25.53 |
| Wm Morrison Supermarkets PLC (United Kingdom)** | 24.79 |
| Jerónimo Martins, SGPS, S.A. (Portugal) | 24.7 |
| Metro Ag (Germany) | 24.62 |
| PJSC "Magnit" (Russia) | 24.52 |
| Macy's, Inc. (United States)*** | 24.46 |
Loading statistic...
Embed this statistic (FAQ)
