Top 20 Biggest Retail Conglomerates in the World
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Here are the top 20 biggest retail conglomerates in the world based on revenue:
1. Walmart (USA) – $635.0 billion
The largest retailer in the world, Walmart operates a vast network of supercenters, discount stores, and online platforms, offering everything from groceries to electronics.
2. Amazon (USA) – $359.9 billion
Amazon dominates e-commerce and cloud computing, offering a massive product range and fast delivery services while revolutionizing the retail industry with innovative technology.
3. Costco Wholesale (USA) – $234.2 billion
A membership-based warehouse retailer, Costco is known for its bulk goods, competitive pricing, and quality private-label products, catering to both businesses and households.
4. Schwarz Group (Lidl) (Germany) – $176.37 billion
This parent company of Lidl and Kaufland operates discount supermarkets and hypermarkets across Europe, focusing on affordability and efficiency.
5. The Home Depot (USA) – $151.57 billion
The largest home improvement retailer globally, Home Depot supplies building materials, tools, and home decor to professionals and DIY enthusiasts alike.
6. Kroger (USA) – $149.6 billion
A major grocery retailer, Kroger operates supermarkets, pharmacies, and fuel centers, offering fresh produce and a broad selection of private-label products.
7. Walgreens Boots Alliance (USA) – $117.77 billion
A leading pharmacy-led health and wellness retailer, Walgreens Boots Alliance operates across the U.S. and Europe, providing medications, beauty products, and health services.
8. CVS Health (USA) – $114.3 billion
Combining retail pharmacy services and health insurance, CVS Health offers convenience through its drugstores and MinuteClinic healthcare services.
9. Ahold Delhaize (Netherlands) – $97.01 billion
A global leader in grocery retail, Ahold Delhaize operates supermarket chains like Stop & Shop and Food Lion, with a strong focus on digital transformation.
10. Alibaba Group (China) – $94.10 billion
China’s leading e-commerce giant, Alibaba connects millions of businesses with consumers globally through platforms like Taobao and Tmall.
11. Carrefour (France) – $89.71 billion
One of the largest hypermarket chains globally, Carrefour offers a wide array of products, from fresh food to electronics, across Europe, Asia, and Latin America.
12. Seven & I Holdings (7-Eleven) (Japan) – $84.95 billion
Known for its convenience stores, 7-Eleven operates globally, offering quick, ready-to-eat meals and essential goods for busy consumers.
13. Rewe Group (Germany) – $73.51 billion
A cooperative retail and tourism group, Rewe operates supermarkets and discount stores across Europe, emphasizing sustainability and fresh products.
14. Aeon (Japan) – $68.88 billion
Japan’s largest retailer, Aeon runs malls, supermarkets, and specialty stores, offering a wide range of goods and services tailored to local needs.
15. Tesco (UK) – $61.91 billion
The UK’s largest grocery chain, Tesco combines brick-and-mortar stores with robust online operations, providing groceries, clothing, and financial services.
16. TJX Companies (USA) – $50.42 billion
The parent company of brands like T.J. Maxx and HomeGoods, TJX is a leader in off-price retail, offering discounted clothing, home goods, and accessories.
17. E.Leclerc (France) – $50.39 billion
A cooperative of supermarkets, E.Leclerc is known for its competitive pricing and strong presence in France, focusing on fresh and local products.
18. IKEA (Sweden) – $45.56 billion
A global leader in affordable furniture and home goods, IKEA combines innovative designs with sustainability in its sprawling stores and online platform.
19. Best Buy (USA) – $44.59 billion
As a top electronics retailer, Best Buy offers consumer electronics, appliances, and services like Geek Squad for tech support.
20. Woolworths Group (Australia) – $43.48 billion
Australia’s largest retailer, Woolworths operates supermarkets, liquor stores, and specialty retail outlets, with a strong focus on fresh food and sustainability.
These conglomerates lead the retail industry, providing goods and services to billions of consumers worldwide and driving innovation in their respective markets.