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Largest Retail Companies of the Globe with their Revenue

Retail companies make most of their business by providing the best products to their buyers while keeping the price as low as possible. Of the 50 largest retail companies in the world, 19 are based in the United States and the rest of them are based in the United Kingdom, France, Canada, Germany, Netherlands, Japan, and China. The largest retail company is also a US-based company Walmart Stores Inc., and it was recorded to produce a significant revenue of 485.87 billion dollars.

Walmart Stores Inc. With The Highest Revenue

best retail stores
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Walmart Stores Inc. is a retail company based in the United States, and according to the sales summary of the company, it stands on top of the list of companies having the highest revenue. According to the statistics, it’s revenue in 2018 500.34 billion American Dollars and in 2016 itwas 485.87 billion US Dollars. That is about four times the revenue of Costco Co. which stands on the second in the list. Walmart appeared in fortune 500 for about 24 times.

Sam Walton, the founder of the company, had something else in his mind when he started the company as it was just meant to be a store for rural areas to help the customers by cutting the costs and sharing profits. But later on the company started to grow rapidly and now Walmart Franchises are located all across the United States of America. Sam was awarded a medal of freedom by George W. Bush back in 1992, and he died the same year.

There are a total of 5358 Walmart Stores in the United States.

Walmart International

Walmart Stores in different countries

Walmart operates internationally, and there are Walmart stores in 26 countries outside the United States. Following table shows Walmart Stores in different countries all around the world.

Sr. No.CountryNumber Of Walmart Stores
1Africa424
2Argentina106
3Brazil465
4Canada410
5Central America778
6Chile378
7China443
8India20
9Japan336
10Mexico2358
11United Kingdom642

Costco Wholesale Corporation:

The second on the list is also an American company, which had an estimated revenue of 118.72. Costco Wholesale Corporation is primarily a multinational company and has a chain of stores in different countries all around the world. Although Costco is the second largest retailer but the company is the largest retailer of products like prime beer, Organic foods, wine and rotisserie chicken.

The headquarters of the company are located in Issaquah, Washington. The company was started back in 1983 in Seattle where they had their first warehouse.

number of stores in different countries

Following is a table showing the number of stores in different countries all around the world:

Sr. No.CountryNumber Of Costco Stores
1United States527
2Canada100
3Mexico38
4United Kingdom28
5Japan26
6South Korea14
7Taiwan13
8Australia9
9Spain2
10Iceland1
11France1
12Total759

Sam’s Club and BJ’s Wholesale Club are the major competitors of Costco, and the company now has more than 205,000 employees including the part-time and full-time workers. The number of members that Costco had was 85 million, and in 2017 the number of members was 90.3 million.

Costco has the same business strategy as Walmart, as they strive to find ways and means to sell the products at a relatively low price and they sell these products in high volumes to maintain the profit margin. Costco has a policy of not keeping multiple brands of same products rather they have a house brand which is labeled under Kirkland Signature Label and due to this a single brand gets a high volume of sales which in terms helps them to reduce the price of goods even more.

50 Largest Retail Companies With Highest Revenue

Largest Retail Companies With Highest Revenue

Sr. No.CompanyOriginGenerated Revenue (2016)
1Walmart Stores Inc.United States485.87
2Costco Wholesale Corporation United States118.72
3The Kroger Co.United States115.34
4Schwarz GroupGermany99.26
5Walgreens Boots Alliance Inc. United States97.06
6Amazon Inc.United States94.67
7The Home DepotUnited States94.6
8Aldi Group Germany84.92
9Carrefour S.A.France84.13
10CVS Health CorporationUnited States81.1
11Tesco PLCUnited Kingdom72.39
12Aeon Co., Ltd.Japan70.85
13Target CorporationUnited States96.5
14Ahold DelhaizeNetherlands68.95
15Lowe’s Corporation Inc.United States65.02
16Metro AgGermany64.86
17Albertsons Companies Inc.United States59.68
18Auchan Holdings SAFrance57.22
19Edeka GroupGermany53.54
20Seven and I Holdings Co., Ltd.Japan51.39
21Wesfarmers LimitedAustralia47.7
22Rewe GroupGermany44.64
23Woolworths Limited Australia40.77
24Casino Guichard-Perrachon S.A.France39.86
25Centres Distributers E. Leclerc France39.65
26Best Buy Co., Inc. United States39.4
27The IKEA GroupNetherlands38
28JD.com, Inc.China35.78
29Publix Super Markets, Inc.United States34.27
30Loblaw Companies LimitedCanada34.25
31J Sainsbury Plc United Kingdom34.05
32The TJX CompaniesUnited States33.18
33ITM Developpement InternationalFrance30.77
34Apple Inc.United States28.6
35Louis Vuitton S.A.France26.9
36Rite Aid CorporationUnited States26.82
37Macy’s, Inc.United States25.78
38Inditex, S.A.France25.73
39Migros-Genossenschafts BundSwitzerland24.15
40Lotte Shopping Co., Ltd.South Korea24
41H.E. Butt Grocery CompanyUnited States23
42H & MSweden22.6
43Coop GroupSwitzerland22.4
44Suning Commerce Group Co., Ltd.China22.36
45Sears Holding Corporation United States22.14
46Dollar Central CorporationUnited States22
47Mercadona, S.A.Spain21.91
48Wm Morrison Super Markets PLCUnited Kingdom21.74
49Dollar Tree, Inc.United States20.72
50Systeme U, Centrale NationaleFrance20.68

 

 

https://www.statista.com/statistics/266595/leading-20-retailers-worldwide-based-on-revenue/

https://www.statista.com/statistics/256172/total-number-of-walmart-stores-worldwide/

https://www.worldatlas.com/articles/the-world-s-largest-retail-companies.html

https://www.cnbc.com/2018/05/23/walmart-is-the-no-1-fortune-500-company-for-the-6th-straight-year.html

https://www.statista.com/statistics/269425/total-number-of-walmart-stores-in-the-united-states-by-type/

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