The retail industry is a highly competitive and dynamic industry, with many major players vying for market share. Here are the top 5 retailers in the world by revenue as of 2021:
Walmart: Walmart is the world’s largest retailer by revenue, with over $559 billion in annual sales. The company operates more than 11,000 stores in 27 countries and is known for its low prices and wide range of products.
Amazon: Amazon is the world’s largest e-commerce retailer, with over $386 billion in annual sales. The company has revolutionized the retail industry with its online marketplace and has expanded into a wide range of businesses, including cloud computing, streaming media, and artificial intelligence.
Costco: Costco is a membership-based warehouse club that offers a wide range of products at low prices. The company has over $166 billion in annual sales and operates more than 800 stores in 12 countries.
Schwarz Group: Schwarz Group is a German retail company that operates the Lidl and Kaufland supermarket chains. The company has over $143 billion in annual sales and is one of the largest retailers in Europe.
The Home Depot: The Home Depot is the world’s largest home improvement retailer, with over $132 billion in annual sales. The company operates more than 2,200 stores in the United States, Canada, and Mexico, and offers a wide range of products and services for home improvement and construction. Note that the rankings can change over time as companies continue to evolve and adapt to changing market conditions.
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