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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.

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 Brand2019 Retail Revenues (Millions $)Country of Origin
1.   Walmart$523,964United States
2.   Amazon$158,439United States
3.   Costco$ 152,703United States
4.   Schwarz Group$126,124Germany
5.   The Kroger Co.$121,539United States
6.   Walgreens Boots Alliance$115,994United States
7.   The Home Depot$110,225United States
8.   Aldi$106,326Germany

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$86,608United States
10.   Tesco PLC$81,347United Kingdom
11.   Target Corporation$77,130United States
12.   Ahold Delhaize$74,160Netherlands
13.   JD.com$73,909China
14.   Aeon co.$72,711Japan
15.   Lowe’s$72,148United States
16.   Albertson’s companies$62,455United 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$61,221Germany
18.   Seven & iHoldings$58,552Japan
19.   Rewe Group$55,772Germany
20.   Auchan Holding SA$51,264France
21.   Best Buy$43,638United States
22.   Centres Distributeurs E. Leclerc$43,426France
23.   LVMH Moët HennessyLouis Vuitton S.A.$41,810France
24.   Woolworths Limited$41,778Australia
25.   The TJX Companies, Inc$41,717United States
26.   IKEA$41,580Netherlands
27.   Casino Guichard-Perrachon S.A.$38,775France
28.   Publix Super Markets$38,463United States
29.   Suning.com$36,707China
30.   J Sainsbury Plc.$36,303United Kingdom
31.   Loblaw companies ltd.$35,493Canada
32.   ITM Développement International$35,435France
33.   Inditex$31,584Spain
34.   H-E-B Grocery Company LP$28,200United States
35.   Dollar general$27,754United States
36.   X5 retail group$26,791Russia
37.   Mercadona SA.$26,146Spain
38.   Metro AG$25,350Germany
39.   Coles Group$25,063Australia
40.   Migros-Genossenschafts Bund$24,968Switzerland
41.   H&M$24,688Sweden
42.   Macy’s$24,560United States
43.   Groupe Adeo SA$24,450France
44.   Ceconomy AG$24,196Germany
45.   Dollar Tree$23,611United States
46.   Coop Group$23,339Switzerland
47.   Système U, Centrale Nationale$22,922France
48.   Wm Morrison Supermarkets PLC$22,400United Kingdom
49.   A.S. Watson Group$21,597HongKong
50.   Jeronimo Martins$20,860Portugal

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.