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

The Top Retailers in the World, by Store Count

Published

1 hour ago

on

May 28, 2024 Article/Editing:

See this visualization first on the Voronoi app.

The Top Retailers in the World, by Store Count

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.

Which retail chains have the highest global store counts?

Owing to their rapid speed of service in providing the basics to customers, convenience chains stand as the clear leaders. Going further, their smaller footprint allows them to expand their store counts at a greater scale.

This graphic shows the top retailers in the world by store count, based on data from the National Retailers Federation.

Japanese Retailers Dominate the Pack

Below, we show the global retailers with the most physical storefronts in 2023:

RankingRetailerTotal Stores WorldwideIndustryHeadquarters 1Seven & I40,454Convenience Store🇯🇵 Japan 2FamilyMart24,251Convenience Store🇯🇵 Japan 3Lawson21,902Convenience Store🇯🇵 Japan 4CP All16,042Convenience Store🇹🇭 Thailand 5AS Watson16,014Drug Store🇭🇰 Hong Kong 6Schwarz Group14,112Discount Grocery🇩🇪 Germany 7Carrefour14,014Supermarkets🇫🇷 France 8Couche-Tard13,505Convenience Store🇨🇦 Canada 9Aldi13,475Discount Grocery🇩🇪 Germany 10Walgreens Boots Alliance12,961Drug Store🇺🇸 U.S.

Leading by a wide margin is Japan’s Seven & I Holdings, with 40,454 store locations worldwide.

The retail giant includes the 7-Eleven franchise along with Ito-Yokado, its supermarket chain. While the world’s largest convenience chain traces its origins to Dallas, Texas, the remainder of the U.S-based company (27%) was acquired in 2005 in a $1.2 billion deal that took the company fully private. Today, the company operates in 10 markets globally.

Next in line are Japan’s FamilyMart and Lawson, each boasting over 20,000 locations. For perspective, Walmart, America’s largest retail company by revenues, operates 10,569 locations globally.

In Europe, Germany’s discount grocery chain Schwarz takes the lead, due to its extensive network of stores. Operating across 30 countries and with over 500,000 employees, the no-frills chain stands as a powerhouse. France’s supermarket giant, Carrefour, follows closely behind.

Ranking in eighth is Canadian retailer, Couche-Tard, with stores largely concentrated in North America and Europe. Since 2004, the company has made over 60 acquisitions, including 2,200 gas stations from French oil company TotalEnergies in 2023. The company is known for its Circle

Which Retailers Operate in the Most Countries?

Published

3 hours ago

on

May 21, 2024 Graphics/Design:

See this visualization first on the Voronoi app.

The Top Retailers Operating in the Most Countries

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.

Today, international expansion is a key growth strategy for the world’s top retailers as companies target untapped markets with the highest potential to drive revenue and profit streams.

While traditional retailers have sought out digital strategies as the industry evolves and consumer behaviors change, physical storefronts continue to be a dominant driver of retail sales. In 2023, brick-and-mortar sales comprised 81% of retail sales globally.

This graphic shows the top retailers operating in the most markets worldwide, based on data from the National Retail Federation.

Global Retailers With the Largest International Footprint

Here are the global retailers with the widest-reaching presence around the world in 2023:

RankingRetailerNumber of Countries of First-Party OperationHeadquarters 1H&M68🇸🇪 Sweden 2IKEA51🇳🇱 Netherlands 3Inditex45🇪🇸 Spain 4Decathlon34🇫🇷 France 5Carrefour32🇫🇷 France 6Sephora (LVMH)31🇫🇷 France 7Schwarz Group30🇩🇪 Germany 8Fast Retailing27🇯🇵 Japan 9Euronics International25🇳🇱 Netherlands 10Apple25🇺🇸 U.S.

Notably, eight of the top 10 companies with the widest market reach hail from Europe.

Fast-fashion giant H&M ranks first overall, with 4,454 stores across 68 countries last year. In 2023, the Swedish company earned $21.6 billion in revenues, with its largest markets by number of store locations being the U.S., Germany, and the UK. This year, it plans to open 100 new stores in growth markets, along with shutting down 160 stores in established locations, ultimately decreasing its global store count.

In second is IKEA, with a presence in 51 countries. Last year, the company expanded its footprint in India, launching its first store in the tech hub, Hyderabad. While the company has a broad international reach, its number of storefronts is a fraction of H&M, at 477 total stores worldwide.

Looking beyond the continent, Japan’s Fast Retailing is the top retailer in Asia, operating in 27 countries globally. As the parent company to fashion brand Uniqlo, it also stands as the seventh most valuable listed firm