A list of the world’s top 50 retailers

Who are the world’s biggest 50 retailers?

The retail industry is marked by intense competition and has undergone a significant transformation in less than a decade.

Almost all the leading retail brands worldwide including those with a dominantly physical presence have adopted digital format as demand and consumption patterns have shifted.

Globally, customers prefer digital channels for shopping since the pandemic.

The retailers that quickly pivoted to online solutions were able to capitalize upon the opportunities offered by the pandemic.

world's biggest retailers

 

In 2020, most of the leading 25 retailers globally, who had existing strong digital capabilities experienced online sales growth of more than 50%.

Five of the US based retailers experienced more than double growth in their online sales during the pandemic.

Fashion retailers on the other hand were hurt badly by the reduced sales during the pandemic.

The list below includes the top 50 retailers of the world based on their 2019 revenues from retail operations.

The list is dominated by retailers based in the United States and includes some from other markets like United Kingdom, Canada, China, France and Japan.

 

Retail Brand 2019 Retail Revenues (Millions $) Country of Origin
1.       Walmart $523,964 United States
2.       Amazon $158,439 United States
3.       Costco $ 152,703 United States
4.       Schwarz Group $126,124 Germany
5.       The Kroger Co. $121,539 United States
6.       Walgreens Boots Alliance $115,994 United States
7.       The Home Depot $110,225 United States
8.       Aldi $106,326 Germany

Top 10 brands in the list include 8 brands based in the United States, with Walmart and Amazon at the top. Apart from these, there are two brands from Germany and one from United Kingdom that made it to the top ten list.

The top 25 list also includes retailers from China, Japan, Netherlands, France and Australia,

The US retail industry experienced several major changes in 2020 compared to the previous year.

The share of online retailing in 2020 grew to 16.1% in the second quarter of 2020 compared to 11.8% in the first quarter of 2020 according to a Deloitte report.

The US economy had grown weaker towards the end of 2020 despite the falling number of virus infections.

9.    CVS Health corporation $86,608 United States
10.   Tesco PLC $81,347 United Kingdom
11.   Target Corporation $77,130 United States
12.   Ahold Delhaize $74,160 Netherlands
13.   JD.com $73,909 China
14.   Aeon co. $72,711 Japan
15.   Lowe’s $72,148 United States
16.   Albertson’s companies $62,455 United States

For a large number of retailers included in this list, the pandemic was nothing less than a storm that disrupted physical operations and caused revenues and profits to decline.

17.   Edeka verbund $61,221 Germany
18.   Seven & iHoldings $58,552 Japan
19.   Rewe Group $55,772 Germany
20.   Auchan Holding SA $51,264 France
21.   Best Buy $43,638 United States
22.   Centres Distributeurs E. Leclerc $43,426 France
23.   LVMH Moët HennessyLouis Vuitton S.A. $41,810 France
24.   Woolworths Limited $41,778 Australia

 

25.   The TJX Companies, Inc $41,717 United States
26.   IKEA $41,580 Netherlands
27.   Casino Guichard-Perrachon S.A. $38,775 France
28.   Publix Super Markets $38,463 United States
29.   Suning.com $36,707 China
30.   J Sainsbury Plc. $36,303 United Kingdom
31.   Loblaw companies ltd. $35,493 Canada
32.   ITM Développement International $35,435 France

 

33.   Inditex $31,584 Spain
34.   H-E-B Grocery Company LP $28,200 United States
35.   Dollar general $27,754 United States
36.   X5 retail group $26,791 Russia
37.   Mercadona SA. $26,146 Spain
38.   Metro AG $25,350 Germany
39.   Coles Group $25,063 Australia
40.   Migros-Genossenschafts Bund $24,968 Switzerland

 

41.   H&M $24,688 Sweden
42.   Macy’s $24,560 United States
43.   Groupe Adeo SA $24,450 France
44.   Ceconomy AG $24,196 Germany
45.   Dollar Tree $23,611 United States
46.   Coop Group $23,339 Switzerland
47.   Système U, Centrale Nationale $22,922 France
48.   Wm Morrison Supermarkets PLC $22,400 United Kingdom

 

49.   A.S. Watson Group $21,597 HongKong
50.   Jeronimo Martins $20,860 Portugal

There are 6 German brands that are included in the world’s top 50 retailers list.

They are Aldi, Metro AG, Ceconomy AG, Rewe group, Adeka Verbund, and Schwarz Group.