By 2023, Walmart will be the top retailer in the world based on retail sales, with US$572 billion in sales.
Retail businesses focus on providing consumers with products or services. Retailers sell a variety of goods and services, such as clothing, jewelry, home goods, small appliances, electronics, food, prescription drugs, as well as renting tools and equipment.
These Are The Top 10 Largest Retails In The World 2023
10. Tesco PLC
Tesco plc is a global British retailer of food and other goods. The company’s main office is in Welwyn Garden City, England. According to gross revenue, Tesco Plc is the third-largest retailer in the world. By revenue, it will rank among the top 10 retailers globally in 2022. It is the market leader in the UK’s grocery sector and has stores in five different European nations.
The business also offers a range of retail insurance and banking services. Jack Cohen established Tesco as a collection of market stalls in Hackney, London, in 1919.
9. Target Corporation
American big-box retailer Target Corp. has its corporate headquarters in Minneapolis, Minnesota. It ranks as the eighth-largest retailer in the US and is included in the S&P 500 Index. Target Corp. primarily operates stores and sells general products in North America, Latin America, and online.
Additionally, it provides a food selection, including perishable, dry groceries, dairy, and frozen foods at reduced costs, along with a choice of selected and general goods.
8. The Home Depot Inc.
The largest home improvement retailer in the US, Home Depot Inc. offers services, tools, equipment, and supplies for building. The corporation was incorporated with an address in Atlanta but has its corporate headquarters in Cobb County, Georgia. Building supplies and home improvement products are sold in the hardware stores run by Home Depot.
It runs a number of big-box stores in the United States, in all 10 provinces of Canada, all 32 states of Mexico, and Mexico City. The business offers a huge selection of landscaping, lawn and garden, and home renovation supplies.
7. The Kroger Co.
The Kroger Company is a retail business based in the United States that runs supermarkets, department stores with many departments, jewelry stores, and quick-service restaurants. There are several of its brands, including Big K, Heritage Farms, Simple Truth, and Simple Truth Organic.
225 The Little Clinic in-store medical clinics, 2,525 pharmacies, 33 food processing or manufacturing plants, 1,613 supermarket fueling centers, and so on are all operated by Kroger. As of November 6, 2021, Kroger’s corporate office is located in Cincinnati’s downtown.
6. Walgreens Boots Alliance Inc.
Along with many pharmaceutical production and delivery firms, it controls the retail pharmacy brands Walgreens and Boots.
On December 31, 2014, the firm was established when Walgreens acquired the remaining 55 percent of Alliance Boots. The Fortune 500 list of the top American firms by total revenue places Walgreens Boots Alliance at number 16 as of 2021.
Beijing, China, is home to its headquarters. It is a Fortune Global 500 company, one of the two biggest B2C online retailers in China by transaction volume and revenue, and a key rival to Tmall, run by Alibaba. JD.com, one of the top 10 global retailers, has annual sales of more than US$139 billion.
A Chinese e-commerce company called JD.com Inc. sells audio, video, and book products as well as electrical products. Beijing, China houses its headquarters.
4. Costco Wholesale Corp.
A chain of big box stores with subscription-only services is run by the American multinational company Costco Wholesale Corporation.
The company sells a variety of things, such as packaged foods and other grocery items, auto parts, jewelry, apparel, toys, sporting goods, hardware, and other commodities. Along with offering drugstore and gas station services, the company.
3. CVS Health Corporation
A chain of retail pharmacies called CVS Pharmacies is owned by the American healthcare organization CVS Health Corporation. In terms of sales, it will rank as the third-largest retail corporation globally in 2022. The company CVS Health Corporation offers medical services.
Medicare, Pharmacy, Dental, and Behavioral Health Plans, Medicare Management Capabilities, Medicare Advantage and Medicare Supplement Plans, and Medicare Part D Prescription Drug Plans are all included in the Health Care Benefits segment’s traditional, voluntary, and consumer-directed health insurance products and related services. Stanley P. established the business in 1963.
2. Amazon.com Inc.
A multinational e-commerce company, Amazon.com Inc., provides a variety of goods and services largely through its websites and mobile apps. By 2022, it will be the second-largest retailer globally. It has been called “one of the most powerful economic and cultural forces in the world” and is one of the most valuable brands in the world.
Along with a number of web services and subscription services, Amazon also provides cloud computing and entertainment streaming. The business also produces and distributes electronic gadgets including Echo and Alexa, as well as Kindle e-readers, Fire tablets, and Fire TVs.
1. Walmart Inc.
Walmart Inc., with a total revenue of $572.8 billion, will be the largest retailer in the world in 2022. American global retail conglomerate Walmart. It is based in Bentonville, Arkansas, and runs a chain of grocery shops, cheap department stores, and hypermarkets throughout the country.
Under 48 different names, Walmart operates 10,593 shops and clubs in 24 different countries. Walmart is the largest corporation in the world by sales, according to the 2020 Fortune Global 500 list, with US$548.743 billion. With 2.2 million workers, it is also the biggest private employer in the world.