Majority of the world’s largest retailer companies hails from America and Europe. Most of these companies have thousands of well-connected retail stores across the globe with a huge customer base.
There are numerous online retailers all over the world but only a few have strong and regular customers. Below are the names of the leading Retail giants and they have been sorted according to their sales figures.
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Let’s check the Top 10 Best & largest Retail Companies in The World in 2017-2018
Created by Jeff Bezos on 5th of July 1994, Amazon is an e-commerce company headquartered in Seattle Washington. The company is the tenth largest retailer in the world. Amazon is the only online company to make it onto the top 10 global retailers. The revenue of Amazon as of 2016 was 135.98 billion US dollars. The company, operating under Amazon.com, has separate retailing websites for different countries. For example, for India, the website is Amazon.in and for U.A.E., it is Amazon.ae. Amazon was listed as the most valuable public company of the United States pushing Wal-Mart to the second place in 2015.
9. Tesco PLC
Tesco PLC is the ninth largest retailer in the world in terms of revenue and is a British retail company. The company was established by Jack Cohen in 1919 and the first store was opened 10 years later in Burnt, Oak Barnet. It has stores in Asia and Europe and employs more than 476,000 employees in 6,553 stores across 12 countries. As of 2017, the company has a revenue of 81,019 billion US dollars. The subsidiaries of the company include Tesco Bank, Tesco Mobile, Tesco Ireland, and Tesco Kipa.
Aldi is a German retailer company with more than 10,000 stores situated in 18 countries and is the eighth largest retailer in the world. The company was founded in 1946 by the brothers Karl and Theo Albrecht when they decided to take over their mother’s store situated in Essen which was operational since 1913. The company is headquartered on Mϋlheim, Germany. The revenue of the company as of 2015 was 82,164 billion US dollars.
7. Carrefour S.A.
Carrefour S.A. is a French retailer company which has stores in America, Asia, and Africa. It is the seventh largest retailer in the world. Carrefour was founded by Marcel Fournier, Denis Defforey, and Jacques Defforey. It is situated in Boulogne-Billancourt, France and has over 11,935 stores in 33 countries as of 2017. The company was founded on 1st January 1958 and has revenue over 121.71 billion US dollars. The company currently employs around 384,151 employees. The current CEO of the company is Alexandre Bompard.
6. The Home Depot Inc.
This company too hails from America. The company is headquartered in Atlanta Store Support Center, Cobb Country, Georgia U.S.A. As of 2016, it has about 2,270 stores in The United States, Mexico, and Canada. The revenue of 2016, was estimated to be 88.51 billion U.S. dollars and it employs around 385,000 employees. Interline Brands is a subsidiary of this company. The Home Depot is presently the largest home refurbishment retailer in the United States of America.
The Walgreens company is a pharmaceutical retailer company and is also the fifth largest one in the world. Established in 1901 in Chicago by Charles Rudolph Walgreen, the company is headquartered in 200 Wilmot Road, Deerfield, Illinois, U.S. It has over 8,175 stores as of 2016 and is basically centered in the United States. Alex Gourlay is the present president and Stefano Pressina is the CEO. The revenue of the company in 2015 was estimated to be 89,631 billion US dollars.
4. Schwarz Gruppe
Schwarz Gruppe is a German retailer company, owned and operated by a private family, which is headquartered in Neckarsulm, Germany. It is the fourth largest retail company in the world. It is operating under the Dieter Schwarz Foundation and has over 10,000 branches in 2015 and is operational in 26 countries. Klaus Gehrig is the current CEO. The revenue of the company as of 2015 was around 95,000 billion US dollars. The company owns the famous brands Lidl and Kaufland.
3. The Kroger Company
The Kroger Company or also known as Kroger is a retailing company which hails from the United States of America and is the third largest retailing company existing in the world. The company was established in 1883 by Bernard Kroger and is the largest supermarket chain in the United States in terms of Revenue. It is headquartered in Cincinnati, Ohio (The United States of America) and has over 2,777 locations as of 2015. The current CEO of the company is Rodney McMullen and the estimated revenue of 2016 was 115.3 billion US dollars. The company employs around 444,000 people.
The second largest retail company in the world after Walmart, this company was established on 12th July 1976 by James Sinegal and Jeffrey Brotman and is headquartered in Issaquah, Washington, United States. The company currently has over 720 stores and employs around 126,000 people. The current CEO of the company is W. Craig Jelinek and the Chairman is Hamilton E. James. As of 2016, the revenue of the company was 118.7 billion US dollars. Kirkland Signature is a brand operating under Costco.
Walmart is the largest retail company in the world and hails from America. The company stores in The United States and Canada are named Walmart while the stores in Mexico and Central America are named as Walmart de Mexico y Centroamerica. It is called Asda in the United Kingdom, Seiyu Group in Japan, and Best price in India. It was founded 55 years ago on 2nd July 1962 by Sam Walton. The company is headquartered in Bentonnille, Arkansas, U.S. and has over 11,690 stores worldwide. Greg Penner is the current Chairman and Doug McMillon is the current CEO. The revenue of the company was estimated to be 485.87 billion US dollars and is also the largest private employer which employs around 2.3 million people around the world.
Most of the retailer giants hail from America and Europe, but as of 2017-2018, China is the largest retail market in the world. Some companies were founded in the late 1800s while some companies were founded recently, like Amazon, and yet made it to the top.