In this article we are going to list the 5 biggest retailers in the world heading int0 2021. For a detailed coverage of this topic and a more comprehensive coverage please take a look at the 15 biggest retailers in the world heading int0 2021.
5. CK Hutchison Holdings
Total revenue of the company in 2019 (in billions of dollars): 38,166
Total profit of the company in 2019 (in billions of dollars): 5,084
Total assets of the company in 2019 (in billions of dollars): 155,421
Total employees of the company in 2019: 300,000
The Hong Kong based company is known across the world for its five main businesses, which include retail, infrastructure, energy and telecommunications and ports and related services. The company has operations in more than 50 countries and the retail groups include Kruidvat, Greene King, Superdrug, Watsons and The Perfume Shop among others.
Credit: CK Hutchison
4. Target (NYSE:TGT)
Total revenue of the company in 2019 (in billions of dollars): 78,112
Total profit of the company in 2019 (in billions of dollars): 3,281
Total assets of the company in 2019 (in billions of dollars): 42,779
Total employees of the company in 2019: 368,000
One of the biggest retailers in the world heading into 2021 is Target, which is also one of the oldest companies in our list, having initially been established 118 years ago in 1902. The company has 1,900 stores across the country. The company has managed to obtain success in the retail industry as a cheap-chic player and has obtained customer loyalty, and one of the most valuable brands in the industry.
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3. Home Depot (NYSE:HD)
Total revenue of the company in 2019 (in billions of dollars): 110,225
Total profit of the company in 2019 (in billions of dollars): 11,252
Total assets of the company in 2019 (in billions of dollars): 51,236
Total employees of the company in 2019: 415,700
The biggest home improvement retailer in the world, Home Depot supplies construction products, services and tools, and has 2,285 locations across the United States, Canada and Mexico.
Pixabay/Public Domain
2. Amazon (NASDAQ:AMZN)
Total revenue of the company in 2019 (in billions of dollars): 280,522
Total profit of the company in 2019 (in billions of dollars): 11,588
Total assets of the company in 2019 (in billions of dollars): 225,248
Total employees of the company in 2019: 798,000
Amazon has become a retail giant that is even accused of being a monopoly, such is its dominance and influence today. Its founder Jeff Bezos is the richest person in history, with a wealth that no individual has ever been able to accumulate and the way things are going, he is likely to become the first person in history to cross the $200 billion threshold. It is considered to be one of the Big Five companies in the US, along with Google, Apple, Microsoft and Facebook. It is also said to be the most valuable brand in the world.
Pixabay/ Public Domain
1. Walmart (NYSE:WMT)
Total revenue of the company in 2019 (in billions of dollars): 523,964
Total profit of the company in 2019 (in billions of dollars): 14,881
Total assets of the company in 2019 (in billions of dollars): 236,495
Total employees of the company in 2019: 2,200,000
Topping the list of the 5 biggest retailers in the world heading into 2021 is of course Walmart, which had more than $520 billion in revenue in 2019, which is the highest revenue of any company in the world. No other company has even made half a trillion in revenue in their entire industry. The company is also the biggest private employer with 2.2 million employees and has seen multiple people of the Walmart family become one of the richest people in the world.
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