Ranked: The 20 Top Retailers Worldwide, by Revenue

Published

18 seconds ago

on

June 19, 2024 Article/Editing: Graphics/Design:

See this visualization first on the Voronoi app.

The Top Retailers Worldwide, by Revenue

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The global retail landscape is constantly evolving, driven by shifting consumer habits and the growing dominance of online sales.

Despite the rise of e-commerce, many of the top retailers worldwide generate the bulk of their sales in physical stores. However, as customers prioritize convenience and a wider selection of goods, e-commerce giants are capturing an increasing share of the retail market.

This graphic shows the world’s leading retailers by revenue, based on data from the National Retail Federation.

The Methodology

To be included in the rankings, companies must engage in a goods-for-consumer resale business accessible to the public. Additionally, they must and have direct selling operations in a minimum of three companies. The rankings include both public and private companies, based on the most recent 52-week period ending between January and March 2024. All revenue figures were converted to U.S. dollars.

Ranked: The Top 20 Global Retailers

Below, we show the world’s leading retail giants by revenue:

RankingRetailerTotal RevenuesShare of Domestic Retail RevenueHeadquarters 1Walmart$628.6B84.7%🇺🇸 U.S. 2Amazon.com$355.1B70.4%🇺🇸 U.S. 3Costco$234.0B75.0%🇺🇸 U.S. 4Schwarz Group$176.4B32.0%🇩🇪 Germany 5The Home Depot$151.6B93.7%🇺🇸 U.S. 6Aldi$145.4B25.8%🇩🇪 Germany 7Walgreens Boots Alliance$117.8B89.3%🇺🇸 U.S. 8Ahold Delhaize$97.0B21.8%🇳🇱 Netherlands 9Alibaba$94.1B97.3%🇨🇳 China 10Carrefour$89.7B34.3%🇫🇷 France 11Seven & I$85.0B62.1%🇯🇵 Japan 12Apple$81.6B86.9%🇺🇸 U.S. 13Rewe$73.5B75.5%🇩🇪 Germany 14Aeon$68.9B93.3%🇯🇵 Japan 15Tesco$61.9B85.1%🇬🇧 UK 16TJX$50.4B78.9%🇺🇸 U.S. 17Leclerc$50.4B95.0%🇫🇷 France 18IKEA$45.6B3.4%🇸🇪 Sweden 19Best Buy$44.6B92.8%🇺🇸 U.S. 20Woolworths Limited (Aus)$43.5B88.2%🇦🇺 Australia

As the largest retailer by sales globally, Walmart raked in $628.6 billion dollars in revenue, with 84.7% of its revenue being domestic.

Today, about 90% of Americans are located within 10 miles of a Walmart store, attracting 200 million visitors each month. To gain a greater edge in the market, Walmart is expanding its advertising business, launching a premium product line, and growing its digital sales channels.

The World’s Top Retail Companies, by Domestic Revenue

Published

6 hours ago

on

June 13, 2024 Graphics/Design:

See this visualization first on the Voronoi app.

The World’s Top Retail Companies, by Domestic Revenue

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The retail sector plays a vital role in powering economies, contributing $5.3 trillion annually to America’s GDP alone.

Moreover, the industry is America’s biggest private-sector employer, responsible for one of every four jobs, or 55 million employees. Yet in today’s challenging consumer environment, retailers are facing higher e-commerce penetration and inflationary pressures—across an industry notoriously known for razor-thin margins.

This graphic shows the world’s top retail companies by domestic revenue, based on data from the National Retail Federation.

Methodology

To be included in the rankings, companies must engage in a goods-for-consumer resale business accessible to the public and have direct selling operations in a minimum of three countries.

The rankings include both publicly and private companies, and are based on the most recent 52-week period analyzed by the National Retail Federation between January and March 2024. All revenue figures were converted to U.S. dollars.

Ranked: The Top 10 Global Retailers by Domestic Sales

Here are the leading retailers worldwide based on domestic sales as of 2023:

RankingRetailerDomestic Retail Revenue
(USD)Share of Total Retail RevenueHeadquarters 1Walmart$532.3B85%🇺🇸 U.S. 2Amazon.com$250.0B70%🇺🇸 U.S. 3Costco$175.4B75%🇺🇸 U.S. 4The Home Depot$142.0B94%🇺🇸 U.S. 5Walgreens Boots Alliance$105.1B89%🇺🇸 U.S. 6Alibaba$91.5B97%🇨🇳 China 7Apple$70.9B87%🇺🇸 U.S. 8Aeon$64.3B93%🇯🇵 Japan 9Schwarz Group$56.5B32%🇩🇪 Germany 10Rewe$55.5B75%🇩🇪 Germany

Walmart towers ahead as the world’s largest retailer with $532 billion in domestic revenue—more than Amazon.com and Costco combined.

Known for its everyday low prices, Walmart achieves a competitive advantage through pricing goods approximately 25% cheaper than traditional retail competitors. Overall, groceries make up more than half of total sales. While its main customer base is often low and middle-income shoppers, the retail giant is seeing a surge in sales from higher-income customers as shoppers seek out lower grocery prices.

E-commerce giant, Amazon, is the second-biggest retailer globally, commanding nearly 40% of online retail sales in America. Since 2019, the number of Amazon