Walmart world's largest company once again | RetailDetail

Walmart world's largest company once again

Walmart world's largest company once again

American Walmart has regained the number one spot in the Global 500 list of largest companies, after relinquishing that position to Royal Dutch Shell last year.

350 billion euro turnover

With a 476.29 billion dollar (some 350 billion euro) turnover and a 16.02 billion dollar (some 12 billion euro) profit, Walmart has regained first place in the Global 500, a list with the largest 500 companies in the world based on turnover. American business magazine Fortune's top 10 consists of Walmart at number one, 6 oil companies in pursuit, car manufacturers Volkswagen and Toyota at 8 and 9, while resource company Glencore sneaks in at number 10.

 

According to Fortune, the largest 500 companies managed a joint turnover of 31,100 billion dollars (22,880 billion euro) in 2013, up 2.5 % compared to 2012. The joint profit was 2,000 billion dollars (1,470 billion euro), up 27 %.

 

European companies are represented the most, with 150 places to be exact, while the United States have 128, China has 95 and Japan has 57. Looking at separate branches, then banks take up 55 spots, oil 40 and automotive companies 33.

 

A lot of retailers

The Global 500 also houses a lot of well-known retailing companies. Samsung Electronics reached 13th spot, beating its American competitor Apple, at 15.

 

American drugstore chain CVS Caremark is America's second largest store chain (trailing Walmart), at number 35. American wholesale company Costco Wholesale reached number 60, French distribution giant Carrefour is at 65 and German trade concern Metro at 91.

 

AB InBev is the only "Belgian" enterprise in the list with a 43.2 billion dollar turnover, at spot 250. It trails Dutch Royal Ahold at 247, while the Netherlands have other representatives in the list, with plenty of banks and insurance companies, but also Philips (370) and Heineken (463).

Questions or comments? Please feel free to contact the editors


Belgian fund close to HEMA acquisition

09/05/2018

Belgian Core Equity holding is allegedly close to acquiring Dutch chain HEMA: a verbal agreement is apparently in place, all that is required are the signatures.

Walmart, not Amazon, will acquire Indian market leader Flipkart

07/05/2018

Despite Amazon’s attractive offer, Indian online retailer Flipkart has chosen for Walmart and (remarkably), Google owner Alphabet as the new owners of 75 % of Flipkart’s shares. The deal is said to be worth 15 billion dollar.

Alibaba's growth exceeds expectations

07/05/2018

Chinese retail group Alibaba has published better-than-expected quarterly results: turnover went through the roof, but its profit is under pressure because of increased investments.

Shareholders ‘not amused’ by Unilever CEO's wage increase

03/05/2018

One in three British Unilever shareholders voted against the company’s proposed remuneration plan. Investors in the Dutch part of the (currently) British-Dutch company will vote on the plan as well.

Macy's acquires New York-based concept store Story

02/05/2018

American department store chain Macy’s will acquire New York-based concept store Story. Founder Rachel Schechtman will become Macy’s’ “brand experience officer”.

RetailDetail Congress ‘The Future of Shopping’ had substance and style

27/04/2018

With six CEOs of major Belgian retailers, the 2018 edition of the RetailDetail Congress had an impressive line-up on stage the 26th of April.