The 10 largest food retailers in the world by sales
E-commerce insights firm Edge by Ascential recently ranked international grocery chains by net sales as part of its Food and Beverage Sector Report.
The findings are drawn from the firm's Retail Market Monitor, which analyses how individual sectors are currently performing and how they are forecast to grow by 2024. The report also provided forward-looking estimates for in-store and, when applicable, online sales for 2024.
Here's the biggest global grocers by overall net sales (all figures US) and how they're expected to grow:
10. Target
In-store net sales for 2019: $71 billion
Online net sales for 2019: $7 billion
Estimated in-store net sales for 2024: $79 billion
Estimated online net sales for 2024: $18 billion
"Target prioritizes e-commerce and invests in initiatives to support growth, including improving fulfillment capabilities."
9. Tesco
In-store net sales for 2019: $82 billion
Online net sales for 2019: $4 billion
Estimated in-store net sales for 2024: $89 billion
Estimated online net sales for 2024: $6 billion
8. Aeon
In-store net sales for 2019: $82 billion
Estimated in-store net sales for 2024: $110 billion
7. Carrefour
In-store net sales for 2019: $106 billion
Estimated in-store net sales for 2024: $124 billion
Estimated online net sales for 2024: $6 billion
"Carrefour is taking its home delivery service in France nationwide as it continues to push forward its omnichannel strategy."
6. Aldi
In-store net sales for 2019: $108 billion
Estimated in-store net sales for 2024: $135 billion
5. Schwartz Gruppe
In-store net sales for 2019: $117 billion
Estimated in-store net sales for 2024: $145 billion
Estimated online net sales for 2024: $3 billion
4. Kroger
In-store net sales for 2019: $119 billion
Estimated in-store net sales for 2024: $135 billion
Estimated online net sales for 2024: $9 billion
3. 7-Eleven Holdings
In-store net sales for 2019: $120 billion
Estimated in-store net sales for 2024: $168 billion
2. Costco
In-store net sales for 2019: $151 billion
Online net sales for 2019: $7 billion
Estimated in-store net sales for 2024: $201 billion
Estimated online net sales for 2024: $12 billion
1. Walmart
In-store net sales for 2019: $503 billion
Online net sales for 2019: $49 billion
Estimated in-store net sales for 2024: $568 billion
Estimated online net sales for 2024: $110 billion
"Walmart remains by far the world’s largest grocer. It is fast embracing grocery e-commerce, driving forward O2O integration in its vast store portfolio."