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


Harrods plans biggest make-over in its 180-year history

24/11/2017

During the next three years, Harrods will be thoroughly revamped. The London luxury department store is investing a staggering 200 million pound (225 million euro) into its largest renovation to date and into new online services for its Chinese customers.

LensOnline targets German expansion

22/11/2017

Belgian LensGroup, which dominates Belgian online contact lens sales alongside LensOnline, is slowly conquering the European market. Following the Netherlands, Italy and Spain, it is now targeting the German market.

Europe halts geoblocking

22/11/2017

Negotiators for the European Parliament, the European Council and the European Commission reached an agreement on a geoblocking ban. With geoblocking, web shops could exclude visitors from other countries.

Hema targets extensive expansion in Germany

21/11/2017

Store chain Hema has major plans for Germany: in the next three years, it will open at least seventy new stores, which is a huge increase compared to the eleven it currently has in the country. Hema also targets shop-in-shops and stores in train stations.

Amazon almost ready to launch first cashierless Go

20/11/2017

According to certain sources, Amazon is currently hiring construction managers and marketers for its Amazon Go team. This move may suggest that the cashierless supermarket concept may be ready for prime time – for real this time.

Turnover for 100 largest web shops in Belgium grows 13.5 %

16/11/2017

Turnover for the top 100 web shops in Belgium grew 13.5 % from 3.7 to 4.2 billion euro. Digital sales for food items and household products have increased considerably.

Back to top