Jan 07, 2024 By Susan Kelly
In the retail sector, companies sell goods and services to consumers through traditional storefronts. Clothing, jewellery, homewares, small appliances, electronics, consumables, and medications are just some of the many products and services available at retail outlets. Retail sales—up to over two-thirds of the U.S. economy—are a significant driver of the country's prosperity.
Traditionally, shops, malls, and online marketplaces have been the primary distribution channels for retailers. In contrast, many brick-and-mortar and e-commerce establishments sell their products through digital channels.
Below is a list of the top 10 retailers measured by their TTM (trailing twelve months) revenues. Only publicly traded companies in the United States or Canada are included on this list. Because not all companies outside the U.S. disclose profits every quarter, the 12-month trailing numbers may be older than they would be for a company that reports quarterly in the U.S. YCharts.com was kind enough to supply us with the graphs.
Walmart is a retail and wholesale giant, with stores and warehouses worldwide and unbeatably low prices on everything they sell. Walmart is a one-stop shop for just about everything a person may need, including but not limited to apparel, small appliances, electronics, home improvement supplies, jewellery, video games, groceries, and pharmaceuticals. Walmart offers various goods and services, such as health and wellness registries, pharmaceutical services, and extended service contracts for cars.
Online and in shops across the United States, Canada, and Latin America, Target offers a wide variety of everyday necessities. Discounts are available on a wide range of products, including both curated and general commerce, as well as food categories like fresh, dry groceries, dairy, and frozen goods. Archer Farmers, Pillowfort, Wine Cube, and Simply Balanced are just few of the labels it carries.
Amazon.com is an international e-commerce website that sells an extensive range of products and provides several different services to clients worldwide. Both its creations and those of other manufacturers and content producers are included here. Amazon also offers various digital services and subscriptions, including video streaming, cloud computing, and many others. Amazon also develops and markets consumer gadgets such as the Kindle e-reader, Fire tablets, Fire T.V., and the Echo and Alexa smart speakers. The grocery store chain Whole Foods Market Inc. is a wholly owned subsidiary of Amazon.
Costco has a strong foothold in important growth markets in Asia and Latin America and its home market in North America. Food and other packaged items, auto components, toys, hardware, sporting goods, jewellery, electronics, clothes, and health and beauty aids are just some of the many products the corporation sells. The company also caters to the pharmaceutical and automobile industries.
Union Européenne. Two of the company's well-known retail pharmacy brands in the United States are Walgreens and Duane Reade. The company's products are sold worldwide under the Liz Earle and Soap & Glory labels. In addition to its retail pharmacy business, Walgreens has a wholesale division where consumers may stock up on pharmaceuticals and other healthcare supplies in large quantities.
Kroger is a supermarket and general merchandise chain in the United States. Products from brands including Big K, Heritage Farm, Simple Truth, and Simple Truth Organic are available there. Some of the grocery store brand items are produced or processed right there on the premises. Investors realised a total return of 27.4 per cent over the past year.
Hardware and home improvement goods make up the bulk of Home Depot's inventory. Their primary retail presence and corporate offices are in North America. Construction, landscaping, and basic property upkeep are just some of the many offerings from this business. Customers have various options when working with this business, including installation services and tool and equipment rentals.
In addition to its technological goods, JD.com also offers books and various other products. It also serves as a platform for other online retailers to sell their products to clients, mainly through the company's websites and mobile apps. The company's supplementary offerings include shipping, information technology (I.T.) assistance, international trade, risk management, and office-to-office (O2O) communications.
The British retail chain Tesco is a well-known name around the world. In addition to its flagship Finest and Exclusively at Tesco food and grocery lines, Tesco plc also runs famous clothing and home furnishings lines like F&F and Fox & Ivy. The company also offers products and services in retail banking and insurance.
France is home to Carrefour, an international network of supermarkets and department stores. The corporation manages and operates a wide variety of brick-and-mortar and online stores, including supermarkets and general merchandise outlets. It sells various goods, including food, non-food, clothing, electronics, home appliances, and even regional delicacies.
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