10 Biggest Retail Companies (2024)

Retail companies specialize in the sale of goods and/or services to consumers. Products sold by retailers include apparel, jewelry, housewares, small appliances, electronics, groceries, and pharmaceutical products. Services cover a broad range and include, e.g., tool and equipment rentals, pharmacies, auto care, and cloud computing. Retail sales volume is part of consumer spending, which accounts for about two-thirds of U.S. economic activity.

Traditionally, retail companies have sold their products and services through brick-and-mortar stores, whether those be department stores, warehouses, convenience stores, supermarkets or other kinds of outlets. But many retailers increasingly are selling goods online through websites, internet marketplaces, and mobile applications.

Below are the 10 biggest retail companies by 12-month trailing(TTM)revenue. This list is usually limited to companies that are publicly traded in the U.S. or Canada, either directly or throughADRs. However, international companies are included to better represent the sector. Some companies outside the U.S. report profits semi-annually instead of quarterly, so the 12-month trailing data may be older than it is for companies that report quarterly. The data are courtesy of YCharts.com. All figures are as of Dec. 22, 2022.

Key Takeaways

  • Retail companies sell a huge variety of products and services to consumers.
  • They conduct their sales at brick-and-mortar locations and/or online.
  • Retail sales are part of consumer spending.
  • The biggest retail company, with TTM revenue of $600.1 billion, is Walmart.
  • The last of the top ten retail companies is Lowe's, with revenue of $96 billion.

#1 Walmart Inc.(WMT)

  • Revenue (TTM): $600.1 billion
  • Net Income (TTM): $9.0 billion
  • Market Cap: $391.5 billion
  • 1-Year TrailingTotal Return: 5.6%
  • Exchange: New York Stock Exchange (NYSE)

Walmart engages in both the retail and wholesale business, selling an assortment of merchandise and services worldwide at stores and online at everyday low prices. Walmart sells a nearly unlimited array of merchandise, including apparel, housewares, small appliances, electronics, home improvement items, jewelry, games, household essentials, and pharmaceutical products. Walmart's services include product warranties, auto care, registries, and pharmaceutical services.

#2 Amazon.com Inc.(AMZN)

  • Revenue (TTM): $502.2 billion
  • Net Income (TTM): $11.3 billion
  • Market Cap: $885.2 billion
  • 1-Year Trailing Total Return: -49.1%
  • Exchange: Nasdaq

Amazon.com is an e-commerce retailer that sells a broad range of products and services worldwide, primarily through its websites. This includes merchandise and content that it purchases for resale from vendors and that offered by third-party sellers. Amazon offers various subscription services and web services as well, including streaming entertainment and cloud computing. Additionally, the company manufactures and sells electronic devices, such as Kindle e-readers, Fire tablets, Fire TV, and the Echo hands-free speaker with digital personal assistant, Alexa. Amazon sells groceries through its subsidiary, Whole Foods Market Inc.

#3 Costco Wholesale Corp.(COST)

  • Revenue (TTM): $231.0 billion
  • Net Income (TTM): $5.9 billion
  • Market Cap: $205.1 billion
  • 1-Year Trailing Total Return: -14.7%
  • Exchange: Nasdaq

Costco operates membership retail warehouses primarily in North America and in selected locations in Asia and Latin America. The company offers an assortment of merchandise, including packaged foods and other grocery items, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, and health and beauty aids. The company also provides gas station and pharmacy services.

#4 The Home Depot Inc.(HD)

  • Revenue (TTM): $157.3 billion
  • Net Income (TTM): $17.1 billion
  • Market Cap: $325.5 billion
  • 1-Year Trailing Total Return: -16.2%
  • Exchange: NYSE

Home Depot operates hardware stores that specialize in the sale of building materials and home improvement products. Its stores are located primarily in North America. The company sells a wide assortment of building materials, and home improvement, lawn, and garden products. The company offers various services, including installation services, as well as tool and equipment rentals.

#5 JD.com Inc.(JD)

  • Revenue (TTM): $156.9 billion
  • Net Income (TTM): $254.3 million
  • Market Cap: $91.0 billion
  • 1-Year Trailing Total Return: -18.9%
  • Exchange: Nasdaq

JD.com is an e-commerce retailer headquartered in China that sells electronics products and general merchandise products, including audio and video products, and books. Additionally, the company provides an online marketplace where third-party vendors sell products to customers primarily through its websites and mobile apps. The company also focuses on logistics services, technology services, overseas business, insurance, and O2O commerce.

#6 The Kroger Co.(KR)

  • Revenue (TTM): $146.5 billion
  • Net Income (TTM): $2.4 billion
  • Market Cap: $31.8 billion
  • 1-Year Trailing Total Return: 3.3%
  • Exchange: NYSE

Kroger operates supermarkets, multi-department stores, jewelry stores, and convenience stores in the U.S. Its brands include Private Selection, Bakery Fresh Goodness, Home Chef, and Simple Truth. The company manufactures and processes some of the foods that are sold in its supermarkets.

#7 Walgreens Boots Alliance Inc.(WBA)

  • Revenue (TTM): $132.7 billion
  • Net Income (TTM): $4.3 billion
  • Market Cap: $33.4 billion
  • 1-Year Trailing Total Return: -19.1%
  • Exchange: Nasdaq

Walgreens Boots Alliance provides drug store services primarily in the U.S. and Europe. Within the U.S., the company operates pharmacy-led retail businesses under the brand names Walgreens and Duane Reade. Internationally, the company operates retail stores that sell products under brand names including No7, Liz Earle Beauty Company, and Soap & Glory. Walgreens also operates a wholesale business, which supplies medicines, other healthcare products, and related services to doctors, health centers, and hospitals.

#8 Alibaba Holdings(BABA)

  • Revenue (TTM): $131.4 billion
  • Net Income (TTM): $2.3 billion
  • Market Cap: $232.5 billion
  • 1-Year Trailing Total Return: -28.6%
  • Exchange: Nasdaq

Alibaba Group Holding Limited is a Chinese multinational conglomerate holding company specializing in e-commerce, retail, internet, and technology. Founded in 1999, it is one of the world's largest online and mobile commerce companies, as well as one of the largest internet and artificial intelligence companies. Alibaba's mission is to make it easy to do business anywhere. The company's businesses include consumer-to-consumer retail website Taobao, business-to-consumer retail website Tmall, and the world's largest third-party online and mobile payment platform, Alipay. Alibaba's initial public offering (IPO) in 2014 was the world's largest IPO ever at the time.

#9 Target Corp.(TGT)

  • Revenue (TTM): $108.7 billion
  • Net Income (TTM): $3.5 billion
  • Market Cap: $65.5 billion
  • 1-Year Trailing Total Return: -34.0%
  • Exchange: NYSE

Target sells general merchandise online and at 1,954 stores across the U.S. It offers a variety of curated and general merchandise as well as food assortments, including perishables, dry grocery, dairy, and frozen items at discounted prices. Some of its brands include Market Pantry, Pillowfort, Favorite Day, and Good & Gather.

#10 Lowe's Companies (LOW)

  • Revenue (TTM): $96.0 billion
  • Net Income (TTM): $6.7 billion
  • Market Cap: $122.4 billion
  • 1-Year Trailing Total Return: -16.5%
  • Exchange: NYSE

Lowe's Companies, Inc. is a home improvement company that operates a chain of retail stores in the U.S. and Canada. The company was founded in 1921 and is based in Mooresville, North Carolina. It is the second-largest home improvement retailer in the U.S. behind Home Depot. Lowe's offers a wide range of products for home improvement, including appliances, tools, hardware, lumber, and building materials. The company also provides installation services for products such as roofing, siding, and flooring, as well as repair and maintenance services through its MyLowe's program.

10 Biggest Retail Companies (2024)

FAQs

10 Biggest Retail Companies? ›

Perhaps unsurprisingly, the largest players are Amazon.com, Inc. (NASDAQ:AMZN), CVS Health Corporation (NYSE:CVS), and Walmart Inc. (NYSE:WMT). We conducted thorough research to pick the biggest retail companies in the world and then ranked them by their latest twelve month revenue.

Who is the largest retail company in the world? ›

Perhaps unsurprisingly, the largest players are Amazon.com, Inc. (NASDAQ:AMZN), CVS Health Corporation (NYSE:CVS), and Walmart Inc. (NYSE:WMT). We conducted thorough research to pick the biggest retail companies in the world and then ranked them by their latest twelve month revenue.

Who is the number 1 retail store? ›

The biggest retail company, with TTM revenue of $600.1 billion, is Walmart.

What are the top 2 retail companies? ›

Top 100 Retailers 2022 List
RankCompany2021 U.S. retail sales (billions)
1Walmart$459.51
2Amazon.com$217.79
3Costco Wholesale$140.41
4The Home Depot$140.06
96 more rows

Who is the worlds largest retailer 2023? ›

Walmart

What is America's largest retail? ›

The latest data from the National Retail Federation shows that Walmart continues to lead as the top US retailer. In 2021, the company brought in retail sales of $459.51 billion in the US—a 6.6 percent year-over-year increase.

What retailer has the most stores in the US? ›

Dollar General operates the most stores in the United States, with 17,348 currently in operation.

Who is the most trusted retailer? ›

Of all 700 ranked companies, the retail category topped the list with 61 brands making the cut. In the top five spots are Amazon, Chewy, Barnes & Noble, United Natural Foods, and Costco.

Is Walmart bigger than Amazon? ›

Amazon.com, Inc. (NASDAQ:AMZN) and Walmart Inc. (NYSE:WMT) are the two largest retailers in the world by Market Cap. On a strictly retail revenue basis, Walmart is much bigger than Amazon with retail revenue of $600 billion versus AMZN's $280 billion.

Who is the single largest retailer of its kind in the United States? ›

This ranking depicts the leading 100 American retailers in 2021, based on U.S. retail sales. Once again, Walmart was the leading American retailer. That year, the company accounted for retail sales of about 460 billion U.S. dollars. Walmart was founded by Samuel Moore Walton (1918-1992) in 1962.

Who are the three largest retailers? ›

Leading retailers worldwide in 2021, by retail revenue (in billion U.S. dollars)
Company (Country of origin)Retail revenue in billion U.S. dollars
Walmart Inc (United States)572.75
Amazon.com, Inc. (United States)239.15
Costco Wholesale Corporation (United States)195.93
Schwarz Group (Germany)153.75
9 more rows
Mar 22, 2023

Which retail business is most profitable USA? ›

These are America's most profitable stores:
  • Vera Bradley. > Sales per sq. ...
  • True Religion.
  • Select Comfort. > Sales per sq. ...
  • Michael Kors. > Sales per sq. ft.: $1,431. ...
  • Coach. > Sales per sq. ft.: $1,871. ...
  • Lululemon Athletica. > Sales per sq. ft.: $1,936. ...
  • Tiffany & Co. > Sales per sq. ft.: $3,017. ...
  • Apple. > Sales per sq. ft.: $6,050.
Nov 18, 2012

What are the fastest growing retail companies in the United States? ›

According to the latest figures from the National Retail Federation, Harbor Freight Tools tops the list of the fastest-growing retailers in the US. The study analyzes the performances of retailers who brought in at least $300 million in sales and compares their total domestic sales in 2021 against their 2020 figures.

Which is the fastest growing retailer in the world? ›

For more than two decades, Walmart has topped the list of the world's Top 250 global retailers. The company's retail sales increased by 1.9% year over year in FY2019, fuelled primarily by increases in comparable stores sales in the US.

Who is the world's fastest growing retail market? ›

World: fastest growing retailers in 2021, by retail revenue CAGR. Alibaba Group Holding Limited/New Retail & Direct Sales was the world's fastest-growing retailer between the fiscal years 2016 and 2021. The retailer registered a retail revenue CAGR (compound annual growth rate) of 153.1 percent during that period.

What company does the most sales? ›

Walmart

Who is the most valuable retailer in US? ›

Walmart, formerly known as Wal-Mart Stores, Inc., is one of the most well-known and valuable brands in the world. Walmart generates revenue through retail, wholesale, membership club, and online product sales.

What stores are only in the USA? ›

6 American Stores Worth Crossing The Border For
  • Trader Joe's. Instagram/@dashofmandi. ...
  • Target. Instagram/@targetdoesitagain. ...
  • Ulta. Instagram/@katelyndee. ...
  • Sur La Table. Instagram/@maryleegaffin. ...
  • Primark. Instagram/@primark.usa. ...
  • Neiman Marcus. Instagram/@neimanmarcus.
Jan 2, 2020

Who is the second largest online retailer in the US? ›

Amazon
  • Amazon - Top E-Commerce Retailers in the USA.
  • Market share of leading retail e-commerce companies in the United States as of 2022.
  • Walmart - Top E-Commerce Retailers in the USA.
  • Apple - Top E-Commerce Retailers in the USA.
  • eBay - Top E-Commerce Retailers in the USA.
  • Target - Top E-Commerce Retailers in the USA.
Feb 22, 2023

What is the largest US chain store? ›

Walmart

What chain has the most stores? ›

As of 2022, Starbucks is the largest restaurant company by revenue, with 35,000 stores globally.

What mall has the most stores in America? ›

1. Mall of America. Opened in 1992, Mall of America is the nation's largest mall at more than 5.6 million square feet. Located outside Minneapolis, Mall of America draws 40 million visitors each year to its more than 520 shops and restaurants.

What are the 5 most trusted brands in the world? ›

Most Trusted Brands (2022) – the Top 20
RankBrandTrust Score
1HP21,395
23M20,059
3Gillette19,242
4LinkedIn18,613
16 more rows
Jan 25, 2023

What is the #1 most trusted brand? ›

America's most trusted brands in 2022

A recent study of the most trusted brands in America puts Band-Aid in first place, with a net trust score of 57.73.

Who is the largest online retailer? ›

Worldwide: Top 10 online stores

Amazon.com is leading the global e-commerce market, with a revenue of US$131,019 million in 2021 worldwide, followed by jd.com with US$118,515 million. Third place is taken by apple.com with a revenue of US$51,950 million.

Who owns Walmart now? ›

Walmart is owned by its shareholders. The Walton family is the largest shareholder of Walmart, holding 50% of the company's shares. The Walton family acquired such high ownership of the company because they are the descendants of Sam Walton, who founded the company.

Is Walmart still the richest company? ›

Walmart is the world's largest company by revenue, according to the 67th edition of the Fortune 500. The retail giant owns and operates more than 10,500 markets, discount department stores, and grocery stores in 24 countries.

Who makes more money Walmart vs Amazon? ›

In 2022, Amazon closed its divide in terms of total revenue, as it generated over $513 billion in revenue, compared to over $572 billion in revenue from Walmart.

What is the richest supermarket in the world? ›

Largest Food Retailers Research Summary

The largest food retailer in the world is Walmart, with a revenue of $573 billion and a net income of $13.94 billion. As of 2022, the global food & grocery retail market has a market size of $14.78 trillion.

What store has the most customers? ›

Walmart is the most popular store in America. More than half of all shoppers in the country visit a Walmart location in a given month. No other U.S. store can claim a majority of Americans as customers.

Is Aldi bigger than Walmart? ›

Aldi has more than 1,800 stores in 35 states and is focused on growing in the Midwest, the Mid-Atlantic, Florida and California. It's on track to become America's third largest supermarket chain behind Walmart and Kroger, with 2,500 stores by the end of 2022.

Who is the richest company in the world? ›

APPLE (AAPL)

Apple has reclaimed the top spot on the list of the world's most valuable companies.

Who sells the most food in the world? ›

"Walmart remains by far the world's largest grocer.

Who is the largest grocery retailer? ›

Largest U.S. grocers by market share, 2022

Walmart is the most popular grocery store chain nationwide, with 25.2% of the market share as of last year. Costco and Kroger are the second- and third-most-popular grocers, with 7.1% and 5.6% of the market share, respectively.

What stores carry the most money? ›

Read on for the top 10 U.S. retailers by worldwide retail sales:
  • Walmart, Inc. $523.96 billion.
  • Amazon.com Inc. $280.5 billion.
  • Costco $149 billion.
  • Walgreens Boots Alliance $136.87 billion.
  • The Kroger Co. $122.28 billion.
  • The Home Depot $110.2 billion.
  • CVS Health Corporation $86.61 billion.
  • Target $77.1 billion.
Oct 15, 2020

What small business makes the most money? ›

Most profitable small business ideas
  • Website and app development. It should be no surprise that tech is one of the fastest-growing industries. ...
  • Financial consulting. ...
  • Online business consulting. ...
  • Information security. ...
  • Digital marketing. ...
  • Social media marketing. ...
  • Writer or author. ...
  • Graphic design.
May 11, 2023

What retail stores have the highest profit margin? ›

Top 10 Most Profitable Retailers
  • lululemon athletica. ...
  • Profit margin: 17.6%.
  • The Buckle. ...
  • Profit margin: 14.4%.
  • Francesca's Collections. ...
  • Profit margin: 13.2%.
  • Ralph Lauren. ...
  • Profit margin: 10.4%.
Jul 14, 2014

Which is the second fastest growing retailer? ›

Q. Which Indian company is the second fastest-growing retailer in the world, as per the 2022 Deloitte report? Notes: Reliance Retail is the second fastest-growing retailer in the world, according to the 2022 Deloitte report, 'Global Powers of Retailing.

What is the #1 growth industry in the US? ›

Leisure and Hospitality. Reflecting cyclical growth, leisure, and hospitality are expected to experience the fastest compound annual rate of change growth at 1.3% among all U.S. sectors from 2021-31, the BLS says. That amounts to more than 1.9 million projected jobs to be added during that period.

What brands are growing fast? ›

  • STōK Cold Brew 1. GROWTH: +5.5.
  • Gatorade Fit 2. GROWTH: +4.9.
  • DiGiorno Pizza 3. GROWTH: +4.8.
  • DEWALT 4. GROWTH: +4.7.
  • Captain Morgan Rum 5. GROWTH: +4.7.
  • WD-40 6. GROWTH: +4.6.
  • Frito-Lay 7. GROWTH: +4.3.
  • CELSIUS Fitness Drinks 8. GROWTH: +3.7.

Which is the fastest growing retail vertical? ›

Based on these metrics, activewear brand lululemon is the world's fastest growing retail brand for the second year running.

Who are fast Retailing biggest competitors? ›

Fast Retailing's competitors

Gap is an omnichannel retailer of clothing, accessories, and personal care products for men, women, and children. TJX is an off-price apparel and home fashion retailer. H&M (Hennes & Mauritz) designs and retails apparel for women, men, teens, and children.

What retail chains are growing? ›

2022 Hot 25 Retailers List
RankCompanyU.S. sales growth ('21 v '20)
1Harbor Freight Tools93.40%
2Inditex76.60%
3Burlington65.80%
4Dillard's53.20%
21 more rows

Which is leading to the growth of Retailing? ›

Increase in consumption is one of the key factors that contribute to the growth of retailing in India.

What is the number 1 sold item? ›

What Is The Most Sold Item In the World? The most sold item in the world is clothing and fashion items. This ranges from women's and men's outfits to children's clothing, shoes, accessories, and more. People love their clothes, and fashion isn't going anywhere!

What company makes the most money per day? ›

Most Profitable Companies Ranked
CompanyProfit per Day
1Apple$157,290,411
2Microsoft$121,317,808
3Berkshire Hathaway$116,495,890
4Alphabet$110,326,027
6 more rows

What is the number 1 direct selling business? ›

Amway has been named the No. 1 direct selling company in the world, according to the 2023 Direct Selling News Global 100 list based on 2022 revenue. This year's DSN Global 100 list highlights 52 companies achieving more than $100 million in revenue for 2022.

Is Target the second largest retailer? ›

As of 2023, Target operates 1,948 stores throughout the United States, and is ranked No. 32 on the 2022 Fortune 500 list of the largest U.S. corporations by total revenue.

Is Costco the biggest retailer in the world? ›

Costco has 304,000 employees, with 203,000 of those working in the U.S. Costco generates $222.7 billion of revenue annually. Costco is the sixth-largest retailer in the world and the third-biggest in the US, behind Walmart and Amazon.

Is Walmart or Target a bigger company? ›

Walmart is the world's largest company by revenue, and it is also the largest private employer in the world with 2.2 million employees. Market cap and revenue numbers are accurate as of March 28, 2023.

Who are Target's biggest competitor? ›

Competitor comparison
  • Walmart Inc Headquarters. United States of America. No. of employees. 2,100,000. ...
  • Amazon.com Inc Headquarters. United States of America. No. of employees. ...
  • CVS Health Corp Headquarters. United States of America. No. of employees. ...
  • Costco Wholesale Corp Headquarters. United States of America. No. of employees.

Why is Costco brand called Kirkland? ›

Costco launched Kirkland Signature products in 1995 as an umbrella to its different private labels. The name came from the company's original Washington State headquarters. At the time there were about 30 different products, but now there are 364 products under the Kirkland brand.

What grocery store makes the most money? ›

Largest Food Retailers Research Summary

The largest food retailer in the world is Walmart, with a revenue of $573 billion and a net income of $13.94 billion. As of 2022, the global food & grocery retail market has a market size of $14.78 trillion.

What is largest grocery chain in US? ›

Largest U.S. grocers by market share, 2022

Walmart is the most popular grocery store chain nationwide, with 25.2% of the market share as of last year. Costco and Kroger are the second- and third-most-popular grocers, with 7.1% and 5.6% of the market share, respectively.

Who owns Trader Joe's? ›

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