Top 10 Richest Retail Companies by Revenue (2025 Rankings)

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The global retail industry is one of the most competitive and revenue-driven sectors on Earth. From grocery chains to e-commerce titans, the companies that top this space generate hundreds of billions annually. This article ranks the top 10 richest retail companies by revenue in 2025, offering insights into the global giants shaping how the world shops across North America, Asia, and beyond.

Revenue is a direct measure of how much a company sells—it reflects not just brand recognition but also operational scale, customer reach, and supply chain efficiency. The companies on this list dominate both brick-and-mortar and digital retail, handling everything from daily essentials and electronics to pharmaceuticals and cloud services. While most firms are based in the United States, China is also a growing force in the retail landscape.

Top 10 Richest Retail Companies by Revenue (2025)

  1. Walmart (USA): $680.98 billion
  2. Amazon (USA): $637.95 billion
  3. CVS Health (USA): $372.80 billion
  4. Costco (USA): $264.08 billion
  5. Jingdong Mall (JD.com) (China): $160.80 billion
  6. Home Depot (USA): $159.51 billion
  7. Walgreens Boots Alliance (USA): $151.94 billion
  8. \Kroger (USA): $147.12 billion
  9. Alibaba (China): $136.32 billion
  10. Target (USA): $106.56 billion

Walmart maintains its status as the world’s largest retailer by revenue, thanks to its massive global store network, aggressive pricing, and expansive supply chain. With nearly $681 billion in sales, it continues to dominate both groceries and general merchandise.

Close behind is Amazon, whose revenue is fueled not only by e-commerce but also by its logistics network, digital subscriptions, and cloud computing via AWS. Its ability to scale globally and offer fast, tech-driven customer service keeps it highly competitive.

CVS Health, primarily known for its pharmacy and health services, is a unique entrant. It shows how healthcare retail has become a major revenue engine, particularly in the United States. Costco, known for its membership-based model and bulk sales, also ranks high thanks to strong brand loyalty and cost efficiency.

JD.com and Alibaba, two of China’s biggest retail players, highlight the strength of Asian e-commerce. JD.com operates a hybrid inventory-logistics model, while Alibaba focuses more on marketplace dynamics and cloud services.

The rest of the list—Home Depot, Walgreens, Kroger, and Target—represents American retail diversity, covering home improvement, pharmacy, groceries, and discount merchandise. Each company combines physical stores with strong digital channels to maximize reach and convenience.

#Company NameRevenueCountry
1Walmart$680.98 BillionUSA
2Amazon$637.95 BillionUSA
3CVS Health$372.80 BillionUSA
4Costco$264.08 BillionUSA
5Jingdong Mall (JD.com)$160.80 BillionChina
6Home Depot$159.51 BillionUSA
7Walgreens Boots Alliance$151.94 BillionUSA
8Kroger$147.12 BillionUSA
9Alibaba$136.32 BillionChina
10Target$106.56 BillionUSA

Disclaimer: The revenue figures in this article are based on publicly available data as of May 2025 and are subject to change due to market conditions and company performance.

The Rise of Health and E-Commerce in Retail

Two major trends emerge from this list: the integration of healthcare into retail and the continued rise of e-commerce dominance. Retailers like CVS Health and Walgreens are no longer just pharmacies—they are healthcare hubs, offering vaccinations, diagnostics, and insurance. Meanwhile, firms like Amazon, Alibaba, and JD.com continue to shape the digital shopping experience, using AI, cloud platforms, and logistics automation to grow revenue and market share.

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