10 Biggest Retail Companies

Retailers resell goods to the public that they've purchased from wholesalers and manufacturers. These goods can include apparel, jewelry, housewares, small appliances, electronics, groceries, and pharmaceutical products. Some retailers sell services as well, and these can cover a broad range from tool and equipment rentals, auto care, and cloud computing. Retail sales are reported monthly and represent consumer spending, which accounts for about two-thirds of U.S. economic activity.

Retail companies have traditionally sold their products and services through brick-and-mortar department stores, warehouses, convenience stores, supermarkets, and other kinds of outlets. But many retailers increasingly are selling their goods online through websites, internet marketplaces, and mobile applications.

These are the 10 biggest retail companies by 12-month trailing (TTM) revenue. This list is usually limited to companies that are publicly traded in the U.S. or Canada, either directly or through ADRs, but international companies are included to better represent the sector. Some companies outside the U.S. report profits semi-annually instead of quarterly, so the 12-month trailing data may be older than it is for companies that report quarterly.

Data courtesy of Morningstar, with all figures reported as of October 2025.

#1 Walmart Inc. (WMT)

• Revenue (TTM): $693.15 billion (as of July 31, 2025)
• Net Income (TTM): $21.34 billion (as of July 31, 2025)
• Market Cap: $848.87 billion
• 1-Year Trailing Total Return: 34.65%
• Exchange: New York Stock Exchange (NYSE)

Walmart (WMT) engages in both the retail and wholesale business, selling an assortment of merchandise and services worldwide at stores and online at everyday low prices. Walmart sells a nearly unlimited array of merchandise, including apparel, housewares, small appliances, electronics, home improvement items, jewelry, games, household essentials, and pharmaceutical products. Walmart's services include product warranties, auto care, registries, and pharmaceutical services.

#2 Amazon.com Inc. (AMZN)

• Revenue (TTM): $670.04 billion (as of June 30, 2025)
• Net Income (TTM): $70.62 billion (as of June 30, 2025)
• Market Cap: $2.29 trillion
• 1-Year Trailing Total Return: 14.85%
• Exchange: Nasdaq

Amazon.com (AMZN) is an e-commerce retailer that sells a broad range of products and services worldwide, primarily through its websites. This includes merchandise and content that it purchases for resale from vendors and that is offered by third-party sellers. Amazon offers various services, such as web services, artificial intelligence, and streaming entertainment. Additionally, the company manufactures and sells electronic devices, such as Kindle e-readers, Fire tablets, Fire TV, and the Echo hands-free speaker with digital personal assistant, Alexa. Amazon sells groceries through its subsidiary Whole Foods Market and through Amazon Fresh.

#3 Costco Wholesale Corp. (COST)

• Revenue (TTM): $275.24 billion (as of August 31, 2025)
• Net Income (TTM): $8.10 billion (as of August 31, 2025)
• Market Cap: $410.22 billion
• 1-Year Trailing Total Return: 7.30%
• Exchange: Nasdaq

Costco (COST) operates membership retail warehouses primarily in North America and in selected locations in Asia and Latin America. The company offers an assortment of merchandise, including packaged foods and other grocery items, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, and health and beauty aids. The company also provides gas station and pharmacy services.

#4 The Home Depot Inc. (HD)

• Revenue (TTM): $165.05 billion (as of July 31, 2025)
• Net Income (TTM): $14.63 billion (as of July 31, 2025)
• Market Cap: $387.89 billion
• 1-Year Trailing Total Return: -5.27%
• Exchange: NYSE

Home Depot (HD) operates hardware stores that specialize in the sale of building materials and home improvement products. Its stores are located primarily in North America. The company sells a wide assortment of building materials, home improvement, lawn, and garden products. The company offers various services, including installation services, as well as tool and equipment rentals.

#5 JD.com Inc. (JD)

• Revenue (TTM): $1.27 trillion CNY (as of June 30, 2025)
• Net Income (TTM): $38.65 billion CNY (as of June 30, 2025)
• Market Cap: $45.94 billion
• 1-Year Trailing Total Return: -16.77%
• Exchange: Nasdaq

JD.com (JD) is an e-commerce retailer headquartered in China that sells electronics products and general merchandise products, including audio and video products, and books. Additionally, the company provides an online marketplace where third-party vendors sell products to customers primarily through its websites and mobile apps. The company also focuses on logistics services, technology services, overseas business, insurance, and O2O commerce.

#6 The Kroger Co. (KR)

• Revenue (TTM): $147 billion (as of July 31, 2025)
• Net Income (TTM): $2.71 billion (as of July 31, 2025)
• Market Cap: $46.1 billion
• 1-Year Trailing Total Return: 23.9%
• Exchange: NYSE

Kroger (KR) operates supermarkets, multi-department stores, jewelry stores, and convenience stores in the U.S. Its brands include Private Selection, Bakery Fresh, Home Chef, Smart Way, Bloom Haus, Murray's Cheese, Heritage Farm, and Simple Truth. The company manufactures and processes some of the foods that are sold in its supermarkets.

#7 Walgreens Boots Alliance Inc. (WBA)

• Revenue (TTM): $132.7 billion
• Net Income (TTM): $4.3 billion
• Market Cap: $33.4 billion
• 1-Year Trailing Total Return: -19.1%
• Exchange: Nasdaq

Walgreens Boots Alliance (WBA) provides drugstore services primarily in the U.S. and Europe. Within the U.S., the company operates pharmacy-led retail businesses under the brand names Walgreens and Duane Reade. Internationally, the company operates retail stores that sell products under brand names including No7, Liz Earle Beauty Company, and Soap & Glory. Walgreens also operates a wholesale business, which supplies medicines, other healthcare products, and related services to doctors, health centers, and hospitals.

#8 Alibaba Holdings (BABA)

• Revenue (TTM): $1 trillion CNY (as of June 30, 2025)
• Net Income (TTM): $148.32 billion CNY (as of June 30, 2025)
• Market Cap: $379.39 billion
• 1-Year Trailing Total Return: 63.54%
• Exchange: Nasdaq

Alibaba Group Holding Limited (BABA) is a Chinese multinational conglomerate holding company specializing in e-commerce, retail, internet, and technology. Founded in 1999, it is one of the world's largest online and mobile commerce companies, as well as one of the largest internet and artificial intelligence companies. Alibaba's mission is to make it easy to do business anywhere. The company's businesses include consumer-to-consumer retail website Taobao and business-to-consumer retail website Tmall. Alibaba's initial public offering (IPO) in 2014 was the world's largest IPO ever at the time.

#9 Target Corp. (TGT)

• Revenue (TTM): $105.64 billion (as of July 31, 2025)
• Net Income (TTM): $3.93 billion (as of July 31, 2025)
• Market Cap: $41.13 billion
• 1-Year Trailing Total Return: -40.47%
• Exchange: NYSE

Target (TGT) sells general merchandise online and at 1,989 stores across the U.S. It offers a variety of curated and general merchandise as well as food assortments, including perishables, dry grocery, dairy, and frozen items at discounted prices. Some of its brands include Market Pantry, Pillowfort, Favorite Day, and Good & Gather.

#10 Lowe's Companies (LOW)

• Revenue (TTM): $83.61 billion (as of July 31, 2025)
• Net Income (TTM): $6.84 billion (as of July 31, 2025)
• Market Cap: $136.78 billion
• 1-Year Trailing Total Return: -12.78%
• Exchange: NYSE

Lowe's Companies, Inc. (LOW) is a home improvement company that operates a chain of retail stores in the U.S. and Canada. The company was founded in 1921 and is based in Mooresville, North Carolina. It is the second-largest home improvement retailer in the U.S. behind Home Depot. Lowe's offers a wide range of products for home improvement, including appliances, tools, hardware, lumber, and building materials. The company also provides installation services for products such as roofing, siding, and flooring.