In this article, we will be taking a look at the 5 biggest supermarket chains in the US. If you wish to see a detailed analysis on this topic, head straight to the 20 Biggest Supermarket Chains In The US.
5. The Kroger Co. (NYSE:KR)
Revenue 2022: $137.8 billion
The Kroger Co. (NYSE:KR), one of the largest grocery stores in the US, offers various products, from fresh produce to premium meats and bakery delights. Their commitment to exceptional customer service, backed by a satisfaction guarantee and friendly employees, sets them apart. Kroger’s dedication to customer savings is evident through loyalty programs and weekly specials. With over 2,700 stores, they impact millions of customers daily. In 2022, despite a 35.98% decline from 2021, The Kroger Co. (NYSE:KR) reported an annual net income of $1.655 billion, remaining a retail giant deeply committed to customer satisfaction.
4. Costco Wholesale Corporation (NASDAQ:COST)
Revenue 2022: $227 billion
Costco Wholesale Corporation (NASDAQ:COST), one of the biggest supermarket chains in the US, offers a wide range of affordable products, from groceries to electronics, focusing on bulk offerings for long-term savings. Their membership options provide exclusive benefits like cashback rewards and discounts. Costco continues to expand internationally with a presence in various countries and a growing number of warehouses. Financially, Costco Wholesale Corporation (NASDAQ:COST)’s net income has steadily risen, reaching $5.8 billion dollars in 2022, and its membership base is robust, with 116.6 million cardholding members as of May 2023.
3. CVS Health Corporation (NYSE:CVS)
Revenue 2022: $322.5 billion
CVS Health Corporation (NYSE:CVS), a leading healthcare giant in the United States, offers an extensive range of healthcare products and services, from vital prescription medications to over-the-counter remedies. With widespread accessibility across the nation, CVS is dedicated to ensuring healthcare is affordable and within reach for all, providing vaccinations, supplements, and expert advice on managing chronic conditions. Committed to top-notch customer service and high-quality products, CVS stands as the ultimate healthcare destination. Headquartered in Woonsocket, Rhode Island, CVS Health Corporation (NYSE:CVS) boasts a workforce of 300,000 individuals as of 2021 and operates over 9,600 pharmacies spanning the United States, Puerto Rico, and Brazil.
2. Amazon.com, Inc. (NASDAQ:AMZN)
Revenue 2022: $513.98
Amazon.com, Inc. (NASDAQ:AMZN), one of the most popular online supermarket in the US, opens the doors to a vast emporium of products, spanning electronics, fashion, home essentials, and more, ensuring something for everyone. Shopping on Amazon is synonymous with convenience – from the cosy confines of home, you can peruse, purchase, and await doorstep deliveries. The allure deepens with Amazon Prime, offering the delight of free two-day shipping on eligible treasures alongside a treasure trove of streaming content, including movies, T.V. shows, and music. Whether the quest is for a cutting-edge laptop, stylish footwear, or innovative kitchen gadgetry, Amazon stands as the premier launchpad for your exploration.
1. Walmart Inc. (NYSE:WMT)
Revenue 2022: $611.3 billion
Walmart, Inc. (NYSE:WMT), the largest US supermarket chain, stands tall due to its vast product offerings, spanning groceries to cutting-edge electronics, all thoughtfully priced to ensure affordability. With stores thoughtfully scattered throughout the nation, access to Walmart’s extensive range is a breeze, aligning perfectly with customers’ needs. For those who prefer the convenience of home shopping, Walmart’s online portal, Walmart.com, stands as a stellar option. Here, 100 million unique monthly visitors find their retail haven. In the United States alone, the retail giant employs a staggering 1.5 million dedicated individuals, all contributing to Walmart Inc. (NYSE:WMT)’s resounding success. In 2022, Walmart reported an annual net income of $13.673 billion, marking a 1.21% increase from 2021.
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