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June 19, 2024 Article/Editing: Graphics/Design:
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The Top Retailers Worldwide, by Revenue
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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 worldβs 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 worldβs leading retail giants by revenue:
RankingRetailerTotal RevenuesShare of Domestic Retail RevenueHeadquarters 1Walmart$628.6B84.7%πΊπΈ U.S. 2Amazon.com$355.1B70.4%πΊπΈ U.S. 3Costco$234.0B75.0%πΊπΈ U.S. 4Schwarz Group$176.4B32.0%π©πͺ Germany 5The Home Depot$151.6B93.7%πΊπΈ U.S. 6Aldi$145.4B25.8%π©πͺ Germany 7Walgreens Boots Alliance$117.8B89.3%πΊπΈ U.S. 8Ahold Delhaize$97.0B21.8%π³π± Netherlands 9Alibaba$94.1B97.3%π¨π³ China 10Carrefour$89.7B34.3%π«π· France 11Seven & I$85.0B62.1%π―π΅ Japan 12Apple$81.6B86.9%πΊπΈ U.S. 13Rewe$73.5B75.5%π©πͺ Germany 14Aeon$68.9B93.3%π―π΅ Japan 15Tesco$61.9B85.1%π¬π§ UK 16TJX$50.4B78.9%πΊπΈ U.S. 17Leclerc$50.4B95.0%π«π· France 18IKEA$45.6B3.4%πΈπͺ Sweden 19Best Buy$44.6B92.8%πΊπΈ U.S. 20Woolworths Limited (Aus)$43.5B88.2%π¦πΊ 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.