The retail industry encompasses the journey of a good or service. This typically starts with the manufacture of a product and ends with said product being purchased by a consumer from a retailer. As a result of globalization and various trade agreements between markets and countries, many retailers are capable of doing business on a global scale. Based on retail sales generated in the financial year 2021, Walmart was by far the world's leading retailer with retail revenues reaching over 572 billion U.S. dollars.
Based on FY2021 retail revenue (according to source, "financial years ending within the 12 months from 1 July 2021 to 30 June 2022"). Figures have been rounded.
* Estimate.
** Estimate and revenue includes wholesale and retail sales.
*** Revenue includes wholesale and retail sales.
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Deloitte. (February 23, 2023). Leading retailers worldwide in 2021, by retail revenue (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 14, 2024, from https://www.statista.com/statistics/266595/leading-retailers-worldwide-based-on-revenue/
Deloitte. "Leading retailers worldwide in 2021, by retail revenue (in billion U.S. dollars)." Chart. February 23, 2023. Statista. Accessed November 14, 2024. https://www.statista.com/statistics/266595/leading-retailers-worldwide-based-on-revenue/
Deloitte. (2023). Leading retailers worldwide in 2021, by retail revenue (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 14, 2024. https://www.statista.com/statistics/266595/leading-retailers-worldwide-based-on-revenue/
Deloitte. "Leading Retailers Worldwide in 2021, by Retail Revenue (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Feb 2023, https://www.statista.com/statistics/266595/leading-retailers-worldwide-based-on-revenue/
Deloitte, Leading retailers worldwide in 2021, by retail revenue (in billion U.S. dollars) Statista, https://www.statista.com/statistics/266595/leading-retailers-worldwide-based-on-revenue/ (last visited November 14, 2024)
Leading retailers worldwide in 2021, by retail revenue (in billion U.S. dollars) [Graph], Deloitte, February 23, 2023. [Online]. Available: https://www.statista.com/statistics/266595/leading-retailers-worldwide-based-on-revenue/