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GlobalData Announces Top 25 Retailers by Revenue for 2021

GlobalData Announces Top 25 Retailers by Revenue for 2021


WORLDWIDE
Wednesday, June 1st, 2022

Delivering year-over-year (YoY) growth, a group of companies in the retailer sector have shown their capabilities in the face of ongoing pandemic and supply chain challenges, earning them a spot on GlobalData’s list of Top 25 Retailers by Revenue for 2021. Among those that made the ranking were Albertsons, Walmart, and more, each delivering YoY revenue growth of over 8 percent.

As noted in a release, higher revenue, improved operational performance, and reduction in expenses led to an increase in the net earnings for Kroger, Sainsbury, Loblaw, Costco, Ahold Delhaize, Amazon, Carrefour, and Albertsons.

The release went on to explain that improvement in e-commerce allowed retailers to focus on shopper-centric initiatives. This in turn led to the development of new business models to help support consumers in contactless communication—something of which shoppers want more and more.

A host of global retailers, including Albertsons, Walmart, and more, have reported YoY growth of more than 8 percent in revenue despite supply chain and pandemic-related challenges

Some companies showcasing significant growth in the data and analytics company’s results include Walmart, Ahold Delhaize, Tesco, Albertsons, Sainsbury’s, and Walgreens, each of which reported more than 50 percent growth in their operating profits. Walgreens and Sainsbury’s were among the three companies that revealed more than 100 percent profit growth.

Part of this revenue success is due to the grocers’ abilities to adapt to the changing consumer behaviors sparked by the pandemic and swiftly improve their e-commerce options.

To read more about GlobalData’s Top 25 Retailers, click here.

What companies are on track to make this list for 2022? Stick with Deli Market News as we provide the latest insights.

GlobalData
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We’re proud to serve customers in more than 25 countries worldwide and are committed to helping people save money so they can live a better life.

Your favorite neighborhood food and drug retailer with helpful associates, competitive prices and high quality, fresh products.

The Kroger Co. spans many states with store formats that include grocery and multi-department stores, convenience stores and mall jewelry stores. We operate under nearly two dozen banners, all of...

Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, banking, and wireless mobile products and services.

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Ahold Delhaize is one of the world’s largest food retail groups, a leader in supermarkets and e-commerce, and a company at the forefront of sustainable retailing. Our family of 22 great local...

Online retailer of books, movies, music and games along with electronics, toys, apparel, sports, tools, groceries and general home and garden items.