Highlights. The largest retailer in the nation and the world is Walmart.
- Amazon is the 2nd-largest among traditional retailers and the largest online U.S. retailer.
- Costco is the 3rd-largest retailer by revenue; other top retailers include Home Depot and Target.
- Walmart’s 2025 global retail revenue* totaled $692 billion.
- In the U.S., Walmart brick-and-mortar locations number 5,215.
*Many retail companies gain revenue from non-retail services. Revenues refer to a company’s total revenue from all sources unless otherwise noted (e.g., as “retail revenue”).
| Rank | Retailer | 2025 U.S. Retail Sales (in billions) |
|---|---|---|
| 1 | Walmart | $576.0 |
| 2 | Amazon | $293.9 |
| 3 | Costco | $198.7 |
| 4 | Kroger | $154.7 |
| 5 | Home Depot | $141.1 |
| 6 | CVS | $139.4 |
| 7 | Walgreens | $112.1 |
| 8 | Target | $102.7 |
| 9 | Lowe’s | $84.0 |
| 10 | Albertsons | $81.8 |
Top 10 Global Retailers
The Top 10 global retailers ranking is derived from global store count and international revenue.
- Together, the Top 10 global retailers represent a 2025 total revenue of $2.27 trillion.
- In 2025, the retail revenue produced by the Top 10 U.S. retailers increased by 3.13%.
- The largest retailer in the world is Walmart, with a 2025 revenue of $692 billion, a 2.37% year-over-year increase.
- Walmart’s 2025 retail revenue represents a 2.21% market share of 2025’s total global retail revenue of $31.3 trillion.
- 16.8% of Walmart’s 2025 retail revenue came from international sales, up from 15.9% the previous year.
- 52.5% of Walmart stores are located outside of the United States.
- From 2018 to 2023, the Top 10 global retailers expanded their retail revenue at a compound annual growth rate of 7.4%.
1. Walmart
Walmart is an American general merchandise retailer, with expansions into international markets and eCommerce.
- Walmart’s 2025 total company revenues were $692 billion.
- Walmart’s U.S. retail sales in 2025 totaled $576.0 billion.
- 83.2% of Walmart’s sales take place in the United States, where it holds a 9.83% share of the retail market.
- Walmart operates 10,974 stores in 19 countries.
2. Amazon
Among its other ventures, such as streaming and publishing, this American company is the world’s largest online retailer.
- Amazon’s 2025 total company revenue was $716.9 billion.
- Amazon’s U.S. retail sales in 2025 totaled $489.7 billion.
- 68.3% of Amazon’s sales take place in the United States, where it holds an 8.35% share of the retail market.
- Amazon operates 620 stores globally.
3. Schwarz Group
The Schwarz Group is a German grocery retailer and superstore that operates primarily through its chains, Lidl and Kaufland.
- The Schwarz Group’s 2025 total company revenues were $189 billion.
- Schwarz Group earned 294 ranking points on the National Retail Federation’s 2026 top retailers list, accounting for a 12.9% share among the Top 10 global retailers.
- The Schwarz Group operates 14,667 stores globally.
4. Aldi
Aldi is a global German grocery retailer that focuses on competitive pricing.
- Aldi’s 2025 total company revenues were $189 billion.
- Aldi earned 271 ranking points on the National Retail Federation’s 2026 top retailers list, accounting for an 11.9% share among the Top 10 global retailers.
- Aldi operates 13,877 stores globally.
5. Costco
Costco, a global retailer based in the U.S., operates on a membership warehouse model.
- Costco’s 2025 total company revenues were $266 billion.
- Costco’s U.S. retail sales in 2025 totaled $198.7 billion.
- 74.7% of Costco’s sales take place in the United States, where it holds a 3.39% share of the retail market.
- Costco operates 915 stores globally.
6. Ahold Delhaize
Ahold Delhaize is a global grocery retailer based in the Netherlands, operating major brands including Hannaford, Stop & Shop, and Albert Heijn.
- Ahold Delhaize’s 2025 total company revenues were $103 billion.
- Ahold Delhaize earned 171 ranking points on the National Retail Federation’s 2026 top retailers list, accounting for a 7.50% share among the Top 10 global retailers.
- Ahold Delhaize operates 9,937 stores globally.
7. Carrefour
Carrefour is a French multinational grocery retailer focused on providing quality services, products, and food for all.
- Carrefour’s 2025 total company revenues were $93 billion
- Carrefour earned 132 ranking points on the National Retail Federation’s 2026 top retailers list, accounting for a 5.79% share among the Top 10 global retailers.
- Carrefour operates 13,318 stores globally.
8. IKEA
IKEA is a Swedish global home furnishings retailer based in the Netherlands, focused on affordability and design.
- IKEA’s 2025 total company revenues were $49 billion.
- IKEA earned 95 ranking points on the National Retail Federation’s 2026 top retailers list, accounting for a 4.16% share among the Top 10 global retailers.
- IKEA operates 486 stores globally.
9. Home Depot
The Home Depot is an American home improvement retailer and the largest home improvement retailer in the world.
- The Home Depot’s 2025 total company revenues were $162 billion.
- Home Depot’s U.S. retail sales in 2025 totaled $141.1 billion.
- 87.1% of Home Depot’s sales take place in the United States, where it holds a 2.41% share of the retail market.
- The Home Depot operates 2,362 stores globally.
10. Walgreens
Walgreens Boots Alliance is an American integrated healthcare, pharmacy, and retail leader serving millions of customers daily.
- Walgreens Boots Alliance’s 2025 total company revenues were $127 billion.
- Walgreens’s U.S. retail sales in 2025 totaled $112.1 billion.
- 88.3% of Home Depot’s sales take place in the United States, where it holds a 1.91% share of the retail market.
- The Home Depot operates 11,605 stores globally.
Top U.S. Retailers
The top U.S. retailers are ranked by their 2025 U.S. sales.
- The largest retailer in the U.S. is Walmart, with $576.0 billion in 2025 domestic retail sales.
- Walmart’s U.S. retail sales are 96.0% greater than those of the runner-up, Amazon.
- From 2024 to 2025, Walmart’s U.S. sales grew by 1.28%; Amazon’s U.S. sales grew by 7.38% over the same period.
- The next largest U.S. retailers by domestic sales include Costco, Kroger, and Home Depot.
Top U.S. Retailers by Worldwide Retail Sales
Worldwide retail sales count the business a company does domestically and globally.
- Walmart led in worldwide retail sales with $692 billion in 2025.
- Amazon placed second with $422 billion in 2025 worldwide retail sales.
- With $266 billion in worldwide retail sales, Costco surpassed The Home Depot’s 2025 retail sales of $162 billion by 40.8%.
Top Global Retailers by Market Cap
Market capitalization measures a company’s size by the total value of its outstanding shares of stock. Many of the leading retailers by market capitalization are based in the United States.
- In August 2026, Amazon led with a market capitalization of $2.84 trillion, 209% greater than the runner-up, Walmart.
- Walmart, the largest retailer by revenue, ranked second in 2026 market capitalization with $918.1 billion.
- Costco placed third with a market capitalization of $426.6 billion.
- The largest retail company in Asia by market capitalization is Alibaba (China) at $296.3 billion.
- Spanish company Inditex leads in Europe with a market capitalization of $207.4 billion.
- Wesfarmers led in Australia with a market capitalization of $71.3 billion.
- In Canada, Alimentation Couche-Tard has the highest market capitalization at $60.8 billion.
Top Global and U.S. Retailers by Industry
Businesses that deal in many categories of retail, like Walmart, as well as those that own companies in multiple sectors of retail, only appear in the superstore category. Only U.S.-based companies are included in U.S. rankings.
- The leading superstore both globally and in the U.S. is Walmart, with a total company revenue of $692 billion.
- Globally, the leading grocery retailer is Schwarz Group, with a total company revenue of $189 billion in 2025.
- In the United States, the leader in the grocery sector is The Kroger Co., with a 2025 U.S. revenue of $154.7 billion.
- The Home Depot is the leading hardware retailer both globally and in the United States, with a total company revenue of $162 billion.
- After Amazon, Inditex leads in apparel retail globally with a total company revenue of $42 billion.
- With a total company revenue of $85 billion, Apple leads in consumer electronics retail both domestically and globally.
- The leading furniture retailer is IKEA, with a total company revenue of $49 billion.
Top Grocery Retailers
Superstore retailers like Walmart, which sell groceries but also sell other products, were excluded from this category.
- Schwarz Group, the leading global grocery retailer, has 13.9% greater total company revenue than Aldi, its closest competitor.
- The leading grocery retailer in the United States is The Kroger Co., with 2025 U.S. retail sales totaling $154.7 billion.
- Aldi is the second-largest grocery retailer globally, with total company revenue of $166 billion, with Ahold Delhaize placing third at $103 billion.
Top Home Improvement Retailers
American companies The Home Depot and Lowe’s are the largest hardware retailers in the world, with no close competitors.
- The Home Depot leads in both global and U.S. hardware retail, with a 2025 total company revenue of $162 billion and U.S. retail sales totaling $141.1 billion.
- With U.S. retail sales totaling $84.0 billion, Lowe’s is the second-largest hardware retailer.
- Ace Hardware Corporation ranks third in the U.S. with $27.6 billion in sales.
Top Apparel Retailers
Apparel and accessories are often sold through online stores and superstores.
- Inditex, the leading global apparel company, has total company revenue of $42 billion.
- Globally, TJX ranks second with total company revenue of $59 billion.
- The third-largest apparel retailer, H&M, had a total company revenue of $20 billion.
Top Electronics Retailers
Consumer electronics include both handheld devices and electronic appliances.
- Globally, Apple, with 2025 revenue of $85 billion, remains ahead of its domestic competitor Best Buy, with 102% greater total company revenue.
- Best Buy holds second place both globally and domestically with total company revenue of $42 billion.
- Globally, Euronics International takes third place with $13 billion.
Top Furniture Retailers
While U.S. leader Wayfair is primarily an online retailer, it has operated physical storefronts in the past and plans to open new locations in the near future.
- Swedish furniture retailer IKEA holds first place globally with $49 billion in total company revenue in 2025.
- With a U.S retail revenue of $11.0 billion, Wayfair is the largest domestic furniture retailer.
- Williams-Sonoma holds second place in the U.S. with a retail revenue of $7.55 billion.
Top Online Retailers
Out of retailers that operate primarily or exclusively in eCommerce, Amazon leads by a wide margin. It is followed by several Chinese e-commerce giants.
- With a 2025 revenue of $716.9 billion and a global online retail market share of 11.2%, Amazon is the largest online retailer in the world.
- While 58.7% of Amazon’s 2025 revenue came from services outside of retail, Amazon’s $296.3 billion in retail sales alone is enough to secure it the top spot.
- Amazon’s 2025 retail revenue was 455% larger than its closest competitor, Alibaba, which earned revenue of $76 billion.
- Walmart.com, the second-largest U.S. e-commerce retailer, had an e-commerce revenue of $197.3 billion in 2025.
- In the U.S., Amazon leads with a 40.5% share of the online retail market.
- Together, the Top 10 online retailers in the U.S. represent 67.9% of the global online retail market share as of 2025.
Top Global Retailers by Number of Stores
When ranked by number of physical locations, convenience stores and small discount grocery stores dominate the Top 10.
- Seven & I, owner of the chains 7-Eleven and Denny’s, lead with 38,491 stores in 2025.
- In 2025, Seven & I owned 54.2% more stores than the runner-up, FamilyMart, which operated 24,955 stores.
- Thai convenience retailer CP All is in third place with 18,589 stores in 2025.
- Among U.S. companies, Walgreens has the most global locations, with 11,605.
| Rank | Retailer | % Sales Growth (’24 to ’25) |
|---|---|---|
| 27 | Dick’s Sporting Goods | 48.5% |
| 89 | Five Below | 22.9% |
| 53 | Sprouts Farmers Market | 14.1% |
| 6 | CVS Health Corporation | 11.9% |
| 23 | AT&T Wireless | 11.1% |
| 24 | Verizon Wireless | 11.1% |
| 93 | Urban Outfitters | 11.1% |
| 72 | Caseys General Store | 9.9% |
| 41 | Ulta Beauty | 9.7% |
| 45 | Burlington | 8.8% |
Top U.S. Retailers by Sales Growth
78 of the top 100 U.S. retailers saw sales growth in 2025.
- Dick’s Sporting Goods was the fastest-growing retailer in the U.S., with a sales growth of 48.5% in 2025.
- Five Below took second with a 2025 U.S. sales growth of 22.9%.
- Walmart, the top retailer by revenue in the U.S., placed 35th, with a U.S. sales growth of 4.2% in 2025.
These data and insights were compiled by the Capital One Shopping team based on publicly available data.
Sources
- Statista, Industries: Retail & Trade
- National Retail Federation
- Deloitte, Global Powers of Retailing
- Walmart, About
- United States Census Bureau
- Techtarget.com, What is Amazon?
- Costco, About Us
- Schwarz Group
- The Home Depot, About Us
- Carrefour Group, History
- U.S. Securities and Exchange Commission, EDGAR
- Walgreens, Corporate
- Companies Marketcap, Largest retail companies by market cap
- IKEA
- Supermarket News, Aldi U.S.
- Ahold Delhaize, About
- eMarketer, Worldwide Retail Ecommerce Forecast