29th April 2026

Top 50 Retailers According to NRF

The NRF Top 50 Global Retailers 2025, developed in partnership with Kantar and the National Retail Federation, offers a fresh perspective on the world’s most influential retail companies. Rather than simply ranking size, the list evaluates retailers based on a balanced view of their domestic strength and international expansion, highlighting those with a meaningful presence across at least three countries.

To ensure fair comparison across diverse markets, revenues are calculated in each retailer’s local currency and then converted into U.S. dollars using rates from the International Monetary Fund. This approach helps reduce distortions caused by currency fluctuations and differing economic conditions.

The result is a ranking that goes beyond raw scale, aiming to spark discussion and deeper understanding of how leading retailers grow, compete, and shape the global marketplace in an increasingly interconnected world.

Rank Retailer Home Country Revenue ($B) Stores Points
1 Walmart USA 692 10,816 509
2 Amazon.com USA 422 620 397
3 Schwarz Group Germany 189 14,667 294
4 Aldi Germany 166 14,215 271
5 Costco USA 266 915 233
6 Ahold Delhaize Netherlands 103 9,937 171
7 Carrefour France 93 13,318 132
8 IKEA Netherlands 49 486 95
9 Home Depot USA 162 2,362 94
10 Walgreens Boots Alliance USA 127 11,605 85
11 Seven & I Japan 66 38,491 77
12 Rewe Germany 73 12,451 69
13 Jeronimo Martins Portugal 40 7,075 68
14 AS Watson Hong Kong SAR 38 15,569 66
15 Apple USA 85 531 60
16 Inditex Spain 42 5,336 59
17 Metro AG Germany 31 7,239 54
18 Tesco United Kingdom 73 4,906 50
19 TJX USA 59 5,240 49
20 Alibaba China 76 457 46
21 Aeon Japan 70 11,042 41
22 H&M Sweden 20 3,867 38
23 Auchan France 32 2,283 37
24 Intermarche France 49 4,088 36
25 Coop Schweiz Switzerland 35 3,166 35
26 Aspiag Switzerland 17 2,456 35
27 Fast Retailing Japan 24 3,544 33
28 Sephora (LVMH) France 18 2,172 33
29 Couche-Tard Canada 18 13,291 32
30 Leclerc France 51 2,006 30
31 Ceconomy Germany 23 975 29
32 Adeo Group France 23 1,032 29
33 Decathlon France 17 1,853 27
34 Action Netherlands 17 3,336 27
35 Euronics International Netherlands 13 4,110 26
36 Best Buy USA 42 1,103 26
37 JD Sports United Kingdom 14 6,004 23
38 Cencosud Chile 17 1,264 22
39 CP All Thailand 31 18,589 21
40 Kingfisher United Kingdom 16 1,686 20
41 FamilyMart Japan 26 24,955 20
42 lululemon Canada 10 765 20
43 dm drogerie markt Germany 20 4,189 19
44 Primark United Kingdom 13 463 18
45 Phoenix Germany 9 4,336 18
46 Expert Switzerland 9 1,816 17
47 Reliance India 33 4,682 17
48 Migros Switzerland 28 2,580 16
49 Falabella Chile 12 534 16
50 Lulu Group United Arab Emirates 10 313 16