In the fiscal year ended January 31, 2024, Walmart's global net sales amounted to 642.6 billion U.S. dollars, an increase of approximately six percent in comparison to a year earlier.

Walmart Walmart was founded in 1962 by Sam Walton when he and his brother James “Bud” Walton opened the first Wal-Mart Discount City in Rogers, Arkansas. Since then, Walmart has grown to become the largest publicly-owned retail company in the world. In the United States, the company includes Walmart discount stores, supercenters, neighborhood markets, and Sam’s Club warehouse membership clubs. The company also has many international operations. Walmart is considered a variety store which focuses on low prices featuring apparel as well as hard goods, and has been committed to upholding their basic value of customer service. Beginning in the early 1990s, Walmart went to great lengths to increase their market share. They introduced a full line of groceries into their stores, diversified their market by appealing to certain ethnic groups through bilingual advertisements, and took steps to promote the awareness of environmental issues.As of 2024, Walmart operated 10,616 stores worldwide; with 4,615 of those stores located in the United States alone.

In fiscal year 2024, there were approximately 255 million customer visits each week to Walmart stores throughout the world, up from 240 million on a weekly average a year earlier. Walmart Walmart was founded in 1962 by Sam Walton when he and his brother James “Bud” Walton opened the first Wal-Mart Discount City in Rogers, Arkansas. Since then, Walmart has grown to become the largest publicly-owned retail company in the world. In 2024, the retailer reached around 648 billion U.S. dollars in revenues, and about 643 billion in net sales. Store count Walmart had a total of 10,616 retail stores throughout the world as of January 31, 2024. The company also operated 368 distribution facilities. In total Walmart operated 10,984 stores. Compared to 2021, there was a significant drop in the number of stores due to the fact that in the first quarter of fiscal 2022, the company terminated its operations in the United Kingdom and Japan. In the U.S. alone the company totaled 4,615 locations, of which 3,560 were supercenter stores and 695 were neighborhood markets.

Walmart U.S. ecommerce sales growth greatly increased in the fourth quarter of FY 2025, compared to the same quarter a year earlier. In the fourth quarter of fiscal year 2025, the company's ecommerce sales grew by ** percent. In the previous fiscal year 2024, walmart.com registered net sales of around **** billion U.S. dollars.

In 2024, grocery and consumables accounted for 66 percent of the net sales of Sam's Club in the United States. Meanwhile, only three percent represented technology, office, and entertainment. That year, Sam's Club had net sales of around 86 billion U.S. dollars.

At least since 2006, Walmart have had a stable gross profit margin. In fiscal year 2024, the retailer's global profit margin amounted to 23.7 percent. Walmart deals in a wide variety of products, such as groceries, apparel, furniture, home appliances, and electronics. Walmart, formerly known as Wal-Mart Stores, Inc., is one of the most well-known and valuable brands in the world. Leading retailer in the world Walmart is the largest retailer in the world. The company has discount stores, supercenters, and neighborhood markets all around the world. The company operates through three distinct business segments: Walmart U.S., Walmart International, and Sam’s Club. Walmart is far ahead of its rivals in the global fast-moving consumer goods sector, with nearly double the retail sales of its closest competitors. How do other leading retailers compare to Walmart, in terms of gross profit margin? Gross profit margin shows a company’s profitability by showing the profit left over when cost of goods sold are deducted from net sales. This figure is typically given as a percentage of sales. Costco and Kroger are two of Walmart’s leading competitors. Historically, both companies have had a lower gross margin than Walmart.

With over *** billion U.S. dollars in revenue, Walmart topped the ranking of the hundred largest companies globally, followed by Amazon. Walmart was also the largest company in the world based on its number of employees, with some *** million all over the world. Largest corporations based on revenue - additional information The concept of revenue itself might slightly differ depending on country or even from one company to another. It usually refers to the income resulted from normal business activities, such as the sale of goods and services to customers. Walmart The American-based multinational corporation Walmart was founded in 1962 and currently operates over ****** stores worldwide, out of which ***** are in the United States alone. In 2024, Walmart was ranked the third most valuable retail brand in the world, with a brand value of about ** billion U.S. dollars. Follow this link to get access to the top 500 companies from all industries list.

Customer satisfaction with Walmart was lower than the national average for supermarkets in the United States in 2024. Walmart recorded an index score of **, which was five index points below the average supermarket rating of **. The index score is based on a 100-point scale. The highest-ranking supermarket in that year was the trio of H-E-B, Costco and Publix, with a score of ** each. Walmart origins Walmart, formerly known as Wal-Mart Stores, Inc., is the world’s largest retail company, with total global revenue amounting to *** billion U.S. dollars in fiscal year ended January, 2024. The first Walmart store was opened in Rogers, Arkansas by Sam Walton in 1962. The company went public in 1970 as it continued to expand. With store growth came new store formats – the first Sam’s Club membership-only warehouse retailer opened in 1983 and the first Walmart Supercenter in 1988. The company went on to expand into Central and South America, Canada, China, South Africa and the United Kingdom. In 2023, there were over 10,000 Walmart stores worldwide.

In 2024, total retail and food service sales reached **** trillion U.S. dollars for the first time in the United States. This is more than **** times the sales numbers that were generated in 1992, not adjusting for inflation. Leading retailers and store types In 2023, the leading food and grocery retailer in the United States was by far Walmart, which generated sales numbers of close to *** billion U.S. dollars that year. The Kroger Co., Costco Wholesale Club, and Ahold Delhaize were also among the top U.S. retailers. With a grocery market share of almost ** percent, the supermarket was the top store type in 2018. The warehouse clubs and superstores category stood in second place, accounting for almost a quarter of the U.S. market. Consumer habits The American consumer made an average of a little more than *** and a half trips to the grocery store per week in 2023. The average amount of trips has noticeably decreased, compared to a decade earlier. In recent times, online grocery shopping has also become an option for consumers. The concept is projected to grow considerably in the coming years, reaching roughly *** billion U.S. dollars’ worth of sales numbers in the United States by 2024.

In 2024, global retail e-commerce sales reached an estimated ************ U.S. dollars. Projections indicate a ** percent growth in this figure over the coming years, with expectations to come close to ************** dollars by 2028. World players Among the key players on the world stage, the American marketplace giant Amazon holds the title of the largest e-commerce player globally, with a gross merchandise value of nearly *********** U.S. dollars in 2024. Amazon was also the most valuable retail brand globally, followed by mostly American competitors such as Walmart and the Home Depot. Leading e-tailing regions E-commerce is a dormant channel globally, but nowhere has it been as successful as in Asia. In 2024, the e-commerce revenue in that continent alone was measured at nearly ************ U.S. dollars, outperforming the Americas and Europe. That year, the up-and-coming e-commerce markets also centered around Asia. The Philippines and India stood out as the swiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing ** percent.

Over the last several years, Costco has seen a yearly increase in its global net sales, rising from ***** billion U.S. dollars in 2014 to ***** billion U.S. dollars by 2024. Costco has made a name for itself worldwide as a members-only wholesale retailer with warehouse style stores. Costco in the U.S. Costco opened its first warehouse in Seattle, Washington in 1983 and has since expanded to become one of the most respected and valuable retailers in the United States and worldwide. Among the top three mass market retailers in the United States: Walmart, Costco, and Target; Costco had the highest average sales volume per store, at *** million U.S. dollars as of 2023. Costco Customers Costco sets itself apart from many other mass merchants by requiring customers to pay a yearly membership fee in order to shop at its locations. A 2023 survey found that the largest share of Costco’s American customer base is between the ages of 18 and 49 years. The company also prides itself in having the highest customer satisfaction rating of any department or discount store in the United States in 2023.

In the financial year 2024, 22.36 percent of Target Corporation's merchandise sales corresponded to the food and beverage segment. Meanwhile, household essentials represented 17.47 percent of the total merchandise sales. Merchandise sales represent the vast majority of Target's revenues. The company also has other streams of revenue, including credit card profit-sharing income from their arrangement with the TD Bank Group. Beauty at Target In a 2024 survey among Generation Z in the United States, 10 percent of teenage girls named Target as a shopping destination they visited to buy beauty products. This may not sound high, but it earned Target third place of all shops in the country, ahead of other major retailers Walmart and Amazon. It was, however, a considerable distance behind the two most popular destinations, specialist beauty brands Sephora and Ulta. These findings are reflected in a different study of the same retailers, with Target having the third lowest average age of female beauty consumers, at 44 years old. Gen Z clothing purchases There is also a large Generation Z market available to Target in the clothing category. In 2023, Gen Z consumers voted big box stores, such as Target and Walmart, as the second most popular shopping destination for apparel, with 16 percent of responses. This was only one percentage point behind online stores.

By the end of 2024, total retail sales reached approximately **** trillion U.S. dollars, around a quarter of a billion U.S. dollar increase from the year before. Retail sales have steadily increased since 2009, as the economy recovered from the downward trend due to the recession following the 2007-2008 financial crisis, and most recently from the impact of the coronavirus (COVID-19) crisis. The United States as retail powerhouse The United States is home to many of the leading retail companies in the world, including Walmart, Costco, and Amazon. Amazon, in particular, has seen extreme levels of growth in revenue in tandem with the increase of e-commerce globally. The rise of e-commerce and mobile shopping E-commerce is responsible for a growing percentage of total retail sales, partially due to a surge in mobile shopping, with customers increasingly using their mobile devices for various online shopping activities. Smartphones accounted for more retail website visits than desktops or tablets, and matched desktops in generating online shopping orders.

In 2024, U.S. supermarket and other grocery store sales amounted to about ***** billion U.S. dollars. This is more than double the sales amounts that were generated back in 1992. Supermarkets and grocery stores in the U.S. WalMart stores dominated sales of the leading grocery retailers in 2023, generating close to *** billion U.S. dollars. Kroger and Ahold Delhaize each reached sales numbers of about *** and ** billion U.S. dollars, respectively, within the same period. In 2018, there were over 38,000 supermarket stores in the United States. Over ** percent of this total were supermarket chains. Supermarket formats In the United States, there are various types of supermarkets consumers can visit, such as natural/gourmet food supermarkets, warehouse grocery stores, and military commissaries. The most common type of supermarket in the country is one of the conventional kind. In 2018, there were just over ****** conventional supermarkets in the United States. The second most common type is the supercenter for groceries and mass merchandise, of which there were about ***** that year.

In 2025, Walmart recorded an index score of **, **** index points below the average department and discount score rating of **. The index score is based on a 100-point scale. Walmart, the world's biggest retailer by sales, operated over ***** stores in the United States, of which nearly *** were neighborhood markets. Walmart’s brand value Walmart is one of the most valuable brands in the world. In 2024, however, Walmart’s brand value decreased for the first time in five years. Although the corporation’s global revenue has been increasing every year, Walmart’s brand profile in the United States reflects higher levels of brand awareness than popularity, loyalty, and buzz – each important elements of a brand’s continued success. Sam’s Club as a silver lining Walmart may have had a below-average customer satisfaction score, but another of the corporation’s brands scored highest on the consumer satisfaction index for department and discount stores in the United States. Sam’s Club, Walmart’s membership-only warehouse club outperformed its main competitor, Costco, in 2024.

Generating close to *** billion U.S. dollars’ worth of sales in 2023, Walmart was by far the leading food and grocery retailer in the United States. The retail giant made more than double the amounts generated by The Kroger Co., which ranked ****** that year. Food & grocery retailers While Walmart is a large and established food and grocery retailer, new companies are emerging on the market. Some of the fastest-growing retailers between 2014 and 2019 included Amazon.com, Dollar Tree, and Albertsons Cos. Amazon.com’s food and grocery sales grew by almost ** percent during that period and in 2020 totaled *** billion U.S. dollars. Walmart Walmart is an American retail corporation that was founded by Sam Walton in 1962. That year, the very first Walmart store opened in Rogers, Arkansas, and the number of locations has been growing ever since. By 2024, there were almost ****** stores across the globe, which were visited by customers an average of *** million times a week.

In 2024, Amazon was the online marketplace with the highest gross merchandise value in the United States, amounting to approximately *** billion U.S. dollars. It was followed by Walmart, with a GMV of roughly *** billion U.S. dollars. Amazon: the U.S.’s clear favorite While Amazon might not be the leading online marketplace worldwide, it is the front-runner in the United States. As of April 2023, Amazon dominated the list of leading online marketplaces in the U.S. based on number of monthly visits, with over *** billion website visitors. Regarding the market share of leading retail e-commerce companies, Amazon was also in the lead with over ** percent difference from the next competitor, Walmart. Even when it comes to holiday shopping, consumers favor Amazon. Nearly ** percent of consumers stated that they prefer the online marketplace for their holiday shopping needs over other websites. A prime day for shopping Consumer purchasing behavior often relies on shopping events that occur throughout the year. Amazon incurs the largest increase of sales during Black Friday, which is followed by Prime Day, an event exclusively for Amazons’ Prime members. Consumers often plan their shopping around this event, due to the deals offered to Prime members. In 2023, most shoppers planned on purchasing electronics, at almost ** percent of consumers. The most purchased items on Prime Day, however, fell into the category of home goods, with around ** percent of shoppers, and only around ** percent of shoppers purchased electronics. In general, the average value of Prime Day orders was worth up to ** U.S. dollars, with ** percent of orders.

In 2023, e-commerce comprised over 15.6 percent of total retail sales in the United States. Forecasts suggest that this proportion will continue to rise steadily in the coming years, reaching approximately 20.6 percent by 2027. Fashion fever The digital revolution has significantly changed how retail is done, impacting a wide range of product categories. Out of all e-commerce product categories, apparel and accessories are the most purchased online in the United States. As of February 2023, roughly 18 percent of all fashion retail sales took place online. Furniture and home furnishing, as well as computer and consumer electronics, ranked second, with over 15 percent of each product category purchased via the internet. The product categories that are least purchased online are office equipment and supplies (1.4 percent) and books, music, and video (5.1 percent). Shopping hotspots Amazon dominates the e-commerce industry in the United States, though other competitors still have significant market share. In December 2023, amazon.com was the most-visited e-commerce and shopping site in the United States. That month, around 45 percent of all visits to e-commerce sites were made to Amazon. Other popular shopping sites include ebay.com, walmart.com, etsy.com, and target.com. The staggering proportion of online retail sales in the country attributed to Amazon is quite remarkable. In 2023, Amazon's website accounted for almost half of all online computer and consumer electronics sales. Similarly, nearly one-third of online fashion purchases in the country were made on Amazon.

This statistic depicts the sales of the leading retailers in the United States in 2023. Walmart was the leading retailer in the United States with about 635 billion U.S. dollars worth of sales that year.

In March 2024, Amazon.com had approximately 2.2 billion combined web visits, up from 2.1 billion visits in February. In the fourth quarter of 2024, Amazon’s net income amounted to approximately 20 billion U.S. dollars. Online retail in the United States Online retail in the United States is constantly growing. In the third quarter of 2023, e-commerce sales accounted for 15.6 percent of retail sales in the United States. During that quarter, U.S. retail e-commerce sales amounted to over 284 billion U.S. dollars. Amazon is the leading online store in the country, in terms of e-commerce net sales. Amazon.com generated around 130 billion U.S. dollars in online sales in 2022. Walmart ranked as the second-biggest online store, with revenues of 52 billion U.S. dollars. The king of Black Friday In 2023, Amazon ranked as U.S. shoppers' favorite place to go shopping during Black Friday, even surpassing in-store purchasing. Nearly six out of ten consumers chose Amazon as the number one place to go find the best Black Friday deals. Similar findings can be observed in the United Kingdom (UK), where Amazon is also ranked as the preferred Black Friday destination.

In 2024, close to 137 million people had paid for a yearly Costco membership. The number of cardholders has been growing steadily since 2014. Costco Wholesale Corporation is a growing membership-only retail company, which offers goods in bulk at competitive prices. Top retail brands Costco had a brand value of approximately 60 billion U.S. dollars in 2024, making it the fourth most valuable retail brand in the world that year. The top three included companies, such as Amazon and Walmart. Based on revenue, however, Walmart Inc. was the leading retailer by far, generating over 572 billion U.S. dollars in 2021. In that year, Costco Wholesale Corporation reached a revenue of more than 195 billion U.S. dollars. Costco growth Costco’s worldwide revenue numbers have been increasing steadily with each consecutive year and are expected to continue growing. Additionally, the number of Costco warehouses has been on the rise. Between 2011 and 2024, the number of warehouses operated by the company has grown by close to 300.