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May 13, 2023 · As a result, Target’s same-store sales grew 19.3% year over year in 2020 versus Walmart’s 8.7%. Alibaba. Alibaba is one of the world’s best-known online shopping destinations, drawing in consumers from around the globe. As a Walmart competitor, Alibaba gained recognition in 2019 when it opened its marketplace for American suppliers.
Oct 20, 2023 · Walmart is never short on rivals seeking to steal its retail crown. This exhaustive guide has covered over 20 top competitors making serious inroads against the world‘s largest company: Kroger – Top U.S. grocery chain aggressively expanding digital commerce
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- Amazon
- Target
- Costco
- Kroger
- Alibaba
- Home Depot
- Best Buy
- Cvs Health Corporation
- Walgreens
- Tesco
Year founded: 1994 Headquarter: Seattle, Washington Amazon is a global eCommerce powerhouse and Walmart’s top competitor. In 2020, Walmart Marketplace reached 70,000 sellers and is expected to grow 146% by the end of 2022. Despite this success, Amazon still dwarfs Walmart Marketplace. Amazon has over 2 million sellers on its US third-party store an...
Year founded: 1902 Headquarter: Minneapolis, Minnesota Targetis one of the third largest discount retailers globally, with $78 billion in revenues in 2020. The retailer operates 1,868 stores across North America and competes with Walmart both offline and online. About 24% of its income comes from beauty care products, 20% from apparel, 20% from foo...
Year founded: 1983 Headquarter: Issaquah, WA Costco is a members-only wholesale retailer and competes with Walmart and its subsidiaries. Like Sam’s Club, Costco offers a variety of products through warehouses and eCommerce platforms. The wholesale giant operates 804 stores globally with 558 in the US. and generated $163 billion in revenues in 2020....
Year founded: 1883 Headquarter: Cincinnati, Ohio Kroger is one of the world’s largest food retailers. It generated $132.5 billion in sales for fiscal 2020 ended in April 2021, an increase of 8.4% y-o-y. The retailer operates 2,764 department stores in the United States and employs 450,000 people. Kroger developed fulfillment centers, which cost ove...
Year founded: 1999 Headquarter: Zhejiang, China Alibaba is one of the world’s largest eCommerce giants. It competes against Walmart in the global arena via Alibaba.com, which operates in over 200 countries. In 2019, Alibaba.com opened its marketplace for American suppliers. It attracted more than 10 million businesses within one year. In 2021, Alib...
Year founded: 1978 Headquarter: Atlanta, Georgia Home Depot is a specialist in home improvement and operates about 2,269 stores worldwide. The company offers construction materials, tools, fittings, lawn and garden products, and more. In 2020, Home Depot’s revenues jumped nearly 20% to $132.1 billionwith $12.9 billion in profits. Its interconnected...
Year founded: 1966 Headquarter: Richfield, Minnesota Best Buyis a consumer electronics retailer with 1779 stores in North America. The company implemented innovative ship-from-store capabilities in 450 stores with four fulfillment hubs. This integrated strategy boosted Best Buy’s pickup and delivery capabilities, leading to a 242% increase in domes...
Year founded: 1963 Headquarter: Woonsocket, RI CVS is a pharmacy chain with 9,900 stores and 1,100 walk-in medical clinics in the United States. It serves 92 million members and competes against Walmart’s drugstores. In 2020, CVS generated $91 billion in retail and pharmacy revenues. Currently, CVS holds 24.8% of the market versus 4.7% for Walmart....
Year founded: 1901 Headquarter: Deerfield, Illinois Walgreens is a retail and wholesale pharmacy chain with around 18,750 stores in 11 countries and territories. It employs close to 250,000 people and supplies pharmaceuticals to more than 24,000 pharmacies annually through 400 distribution centers worldwide. In 2020, Walgreens’ total revenue grew 6...
Year founded: 1919 Headquarter: Hertfordshire, UK Tesco is the largest supermarket chain and retailer in the UK, where it generates nearly 80% of its revenues. The retail giant operates more than 3,700 locations in the UK, Europe, and Asia. Online grocery sales make up 18% of Tesco’s total revenues. In 2020, Tesco saw a 7% increase in sales to more...
Apr 16, 2023 · 1. Kroger. As a major retail player in the United States, Kroger poses a significant threat to Walmart’s dominance. Kroger, like Walmart, is a grocery store chain with pharmacies on-site. Besides groceries and dairy, it also carries furniture, outdoor décor, home items, a wide variety of other commodities, apparel, accessories, and sundries.
Apr 20, 2024 · Competitors like Amazon, Kroger, Costco, Target, and Alibaba are chipping away at Walmart‘s customer base and market share through a combination of e-commerce prowess, compelling membership models, appealing store experiences, and new digital services.
Walmart Competitors: A Walmart SWOT Analysis. What are Walmart strengths? What are Walmart weaknesses? Which opportunities might Walmart have? What threats does Walmart face? 10+ Walmart Competitors: What Are The Walmart Similar Companies? 1. Amazon; 2. Alibaba; 3. Etsy; 4. Wish; 5. Best Buy; 6. eBay; 7. Rakuten; 8. TikTok Shop; 9. Productsup ...
Walmart, as one of the largest retail corporations in the world, faces competition from various other retail chains and e-commerce companies. Some of the notable competitors of Walmart include: Amazon. Omnichannel Retail Strategy: Walmart combines its brick-and-mortar presence with its online platform to offer an omnichannel shopping experience ...
