[Ranking] TOP 25 Grocery Stores / Retail Companies Q3/2023
Intro
The grocery store industry plays a crucial role in the worldwide economy, providing essential goods and services to consumers across the globe. With millions of people relying on grocery stores for their daily food and household needs, this sub-industry of retail is an integral part of our everyday lives.
Not only does the grocery store industry have a profound influence on our day-to-day lives, but it also has ripple effects across diverse sectors. From agriculture and food production to transportation and logistics, the grocery store industry impacts various sectors of the economy, creating jobs and driving economic growth.
The economic magnitude of the grocery store industry is staggering. With global sales reaching trillions of dollars annually, this industry continues to experience an upward trajectory. As populations grow and consumer demands evolve, grocery stores are constantly finding new ways to innovate and meet the needs of their customers.
In recent years, the grocery store industry has witnessed significant trends, breakthroughs, and obstacles that are shaping its future. From the rise of online grocery shopping and delivery services to the increasing focus on sustainable and organic products, companies in this industry are adapting to changing consumer preferences and market dynamics.
The landscape of the grocery store industry is ever-changing, with new players entering the market and established companies striving to stay ahead of the competition. Understanding the dynamics and challenges of this industry is crucial to exploring the leading companies that are driving innovation and shaping the future of grocery retail.
Ranking
#25 Dillards, Inc.
Employees: 20K
Revenue: 6B$
Website: https://www.dillards.com
Description: Dillards, Inc. is a renowned retailer operating in the Grocery Stores industry. With its headquarters located in Little Rock, United States, the company has a rich history dating back to its founding in 1938. Dillards employs approximately 20,000 dedicated individuals who contribute to the company's success. The company generates substantial revenue, amounting to 6 billion US dollars. Dillards is widely recognized for its exceptional service and quality products, offering a wide range of groceries to customers across North America. Through its website, customers can conveniently access Dillards' extensive selection of grocery items and enjoy a seamless shopping experience. With its strong presence in the Grocery Stores industry, Dillards continues to be a prominent player in the retail sector.
#24 J. C. Penney Company, Inc.
Employees: 95K
Revenue: 10.7B$
Website: https://www.jcpenney.com
Description: J. C. Penney Company, Inc. is a retail company headquartered in Plano, United States. Founded in 1902, the company operates in the Grocery Stores industry. With approximately 95,000 employees, J. C. Penney generates revenue of 10.7 billion US dollars. The company offers a wide range of grocery products to its customers, including fresh produce, packaged goods, dairy products, and household essentials. J. C. Penney focuses on providing quality products at affordable prices, aiming to meet the diverse needs of its customer base. Through its retail locations and online platform, the company strives to deliver a convenient and seamless shopping experience for customers in the grocery industry.
#23 Nordstrom, Inc.
Employees: 75K
Revenue: 15B$
Website: https://www.nordstrom.com
Description: Nordstrom, Inc., headquartered in Seattle, United States, is a leading retail company operating in the Grocery Stores industry. Founded in 1901, Nordstrom has established itself as a prominent player in the market. With approximately 75,000 employees, the company offers a wide range of grocery products to customers. Nordstrom generates significant revenue, with an estimated annual revenue of 15 billion US dollars. Known for its high-quality products and exceptional customer service, Nordstrom continues to thrive in the competitive retail landscape, catering to the diverse needs of its customers across North America.
#22 Wakefern Food Corporation
Employees: 75K
Revenue: 16B$
Website: https://www.wakefern.com/
Description: Wakefern Food Corporation is a leading player in the Grocery Stores industry, operating in North America. With its headquarters located in Keasbey, United States, the company has been in operation since 1946. Wakefern Food Corporation employs approximately 75,000 individuals, making it a significant employer in the industry. The company generates an impressive revenue of 16 billion dollars, showcasing its strong presence and success in the retail market. Wakefern Food Corporation is committed to providing high-quality grocery products and services to its customers, ensuring a seamless shopping experience. Through its extensive network of grocery stores, the company caters to the diverse needs and preferences of consumers, offering a wide range of products, including fresh produce, pantry essentials, and household items. With its long-standing presence and dedication to customer satisfaction, Wakefern Food Corporation continues to be a prominent player in the Grocery Stores industry.
#21 Kohl's Corporation
Employees: 85K
Revenue: 18B$
Website: https://www.kohls.com
Description: Kohl's Corporation is a prominent player in the Grocery Stores industry, operating primarily in North America. Headquartered in Menomonee Falls, United States, the company was founded in 1962. With approximately 85,000 employees, Kohl's Corporation has established itself as a leading retailer in the region. The company generates an impressive annual revenue of 18 billion dollars. Kohl's Corporation offers a wide range of grocery products, providing customers with a convenient and enjoyable shopping experience. With its commitment to quality and customer satisfaction, the company continues to thrive in the competitive grocery retail market.
#20 Meijer, Inc.
Employees: 70K
Revenue: 18B$
Website: https://www.meijer.com/
Description: Meijer, Inc. is a prominent player in the Grocery Stores industry. With its headquarters in Grand Rapids, United States, Meijer operates numerous grocery stores across North America. Founded in 1934, the company has a long-standing presence in the retail sector. Meijer employs approximately 70,000 individuals, making it one of the largest employers in the industry. The company has achieved substantial revenue, generating around 18 billion dollars annually. Meijer is widely recognized for its extensive range of grocery products, offering a diverse selection to meet the needs of its customers. With a strong focus on customer satisfaction and quality, Meijer continues to thrive in the competitive grocery store market.
#19 Macy's, Inc.
Employees: 125K
Revenue: 24B$
Website: https://www.macysinc.com/
Description: Macy's, Inc., headquartered in Cincinnati, United States, is a leading company in the Grocery Stores industry. Founded in 1858, the company has a rich history in the retail sector. With approximately 125,000 employees, Macy's operates a vast network of grocery stores across North America. The company generates an impressive annual revenue of 24 billion dollars. Macy's is known for its wide range of grocery products and its commitment to providing quality and convenience to customers. Through its website and physical stores, Macy's offers a diverse selection of items, including fresh produce, packaged goods, and household essentials. With its long-standing presence in the industry, Macy's continues to be a prominent player in the grocery retail market.
#18 Dollar Tree, Inc.
Employees: 60K
Revenue: 25B$
Website: https://www.dollartree.com
Description: Dollar Tree, Inc. is a prominent player in the Retail industry, specifically in the Grocery Stores sector. With its headquarters located in Chesapeake, United States, the company operates primarily in North America. Founded in 1986, Dollar Tree has grown to become a major retail chain offering a wide range of products at affordable prices. The company employs approximately 60,000 individuals and generates an impressive revenue of 25 billion dollars annually. Dollar Tree's success lies in its commitment to providing customers with a diverse selection of quality products, including food and beverages, household essentials, and health and beauty items, all priced at one dollar or less. Through its extensive network of stores, Dollar Tree continues to cater to the needs of budget-conscious consumers across the United States and beyond.
#17 Dollar General Corporation
Employees: 150K
Revenue: 27.8B$
Website: https://www.dollargeneral.com/
Description: Dollar General Corporation, headquartered in Goodlettsville, United States, is a leading player in the Grocery Stores industry. Founded in 1939, the company operates a vast network of stores across North America, providing a wide range of everyday essentials at affordable prices. With approximately 150,000 employees, Dollar General is committed to serving its customers with convenience and value. The company's revenue stands at an impressive 27.8 billion dollars, solidifying its position as a major player in the retail industry. Dollar General continues to expand its footprint and cater to the needs of customers seeking quality products at competitive prices.
#16 H-E-B
Employees: 120K
Revenue: 30B$
Website: https://www.heb.com
Description: H-E-B is a leading grocery store chain operating in the Retail industry. Headquartered in San Antonio, United States, H-E-B has been serving customers since its founding in 1905. With approximately 120,000 employees, the company operates numerous grocery stores across North America. H-E-B offers a wide range of grocery products, including fresh produce, bakery items, meat, dairy, and household essentials. Known for its commitment to quality and customer satisfaction, H-E-B has established a strong presence in the retail industry. The company generates an estimated annual revenue of 30 billion US dollars, making it one of the top players in the grocery store market.
#15 Publix Super Markets, Inc.
Employees: 225K
Revenue: 38B$
Website: https://www.publix.com
Description: Publix Super Markets, Inc. is a leading grocery store chain headquartered in Lakeland, Florida. With a history dating back to 1930, Publix has become one of the largest and most successful grocery retailers in the United States. The company operates over 1,200 stores across the Southeastern states, offering a wide range of products including groceries, fresh produce, bakery items, deli products, and pharmacy services. Publix is known for its commitment to quality, customer service, and community involvement. With a workforce of approximately 225,000 employees, Publix generates an annual revenue of around 38 billion dollars, making it a key player in the retail industry.
#14 TJX Companies, Inc.
Employees: 270K
Revenue: 41.7B$
Website: https://www.tjx.com
Description: The TJX Companies, Inc. is a leading retail company in the Grocery Stores industry. Headquartered in Framingham, United States, the company was founded in 1976. With approximately 270,000 employees, TJX operates a vast network of grocery stores across North America. The company has achieved significant success and generated a revenue of 41.7 billion dollars. TJX is known for offering a wide range of grocery products to its customers, including fresh produce, packaged goods, and household essentials. With its commitment to providing quality products at affordable prices, TJX has become a trusted name in the grocery retail sector. For more information about TJX and its offerings, visit their official website.
#13 Best Buy Co., Inc.
Employees: 125K
Revenue: 47B$
Website: https://www.bestbuy.com/
Description: Best Buy Co., Inc. is a leading retail company in the Grocery Stores industry. Headquartered in Richfield, United States, Best Buy was founded in 1966. With a workforce of approximately 125,000 employees, the company operates a chain of retail stores that offer a wide range of products including electronics, appliances, and entertainment products. Best Buy is known for its extensive selection of high-quality products and its commitment to providing a superior customer experience. The company's revenue in 2020 reached approximately 47 billion US dollars, solidifying its position as a major player in the retail industry.
#12 Albertsons Companies, Inc.
Employees: 280K
Revenue: 62B$
Website: https://www.albertsons.com
Description: Albertsons Companies, Inc. is a leading grocery store operator in the retail industry. Headquartered in Boise, Idaho, United States, the company operates a vast network of grocery stores across North America. With a rich history dating back to 1939, Albertsons has established itself as a trusted name in the supermarket industry. The company employs approximately 280,000 dedicated individuals who work tirelessly to provide customers with a wide range of high-quality products, including groceries, household essentials, and pharmacy items. Albertsons generates significant revenue, with an estimated annual revenue of 62 billion US dollars. Through its commitment to customer satisfaction and community engagement, Albertsons continues to be a prominent player in the grocery store industry.
#11 Ahold Delhaize
Employees: 370K
Revenue: 72B$
Website: https://www.aholddelhaize.com
Description: Ahold Delhaize is a leading grocery store operator headquartered in Zaandam, Netherlands. With operations across Europe and the United States, the company serves millions of customers through its various retail brands. Ahold Delhaize focuses on providing a wide range of high-quality food and non-food products to meet the diverse needs of its customers. The company operates a network of supermarkets, hypermarkets, convenience stores, and online platforms. Ahold Delhaize's commitment to sustainability is evident in its efforts to reduce food waste, lower carbon emissions, and promote healthy eating. Through its extensive presence in the grocery store industry, Ahold Delhaize continues to innovate and deliver exceptional value to its customers.
#10 Target Corporation
Employees: 350K
Revenue: 90B$
Website: https://www.target.com
Description: Target Corporation, headquartered in Minneapolis, United States, is a prominent player in the Grocery Stores industry. Founded in 1902, the company has grown to become one of the largest retail chains in the country. With approximately 350,000 employees, Target operates a vast network of grocery stores across North America. The company offers a wide range of products, including fresh produce, dairy, meat, and packaged goods, catering to the diverse needs of its customers. Target's commitment to providing quality products, competitive pricing, and exceptional customer service has contributed to its success in the highly competitive retail industry. With an impressive annual revenue of 90 billion dollars, Target continues to thrive as a leading player in the grocery store sector.
#9 Lowe's Companies, Inc.
Employees: 310K
Revenue: 90B$
Website: https://www.lowes.com
Description: Lowe's Companies, Inc. is a prominent player in the Grocery Stores industry, operating primarily in North America. Headquartered in Mooresville, United States, Lowe's was founded in 1946. With a workforce of approximately 310,000 employees, Lowe's is one of the largest companies in the industry. The company generates significant revenue, with an estimated annual revenue of 90 billion USD. Lowe's is known for its wide range of grocery products offered through its retail stores and online platform. It provides customers with various options for purchasing groceries, including fresh produce, packaged goods, household essentials, and more. Lowe's commitment to customer satisfaction and convenient shopping experiences has contributed to its success in the Grocery Stores industry.
#8 Aldi
Employees: 130K
Revenue: 97.2B$
Website: https://www.aldi.com/
Description: Aldi is a leading grocery store chain in the Retail industry. With its headquarters located in Essen, Germany, Aldi operates across Europe. Founded in 1946, the company has grown to employ approximately 130,000 employees. Aldi generates a staggering revenue of 97.2 billion dollars. Known for its focus on providing high-quality products at affordable prices, Aldi has become a popular choice for customers looking for value in their grocery shopping experience. With a wide range of products including fresh produce, dairy, meat, pantry staples, and household items, Aldi continues to expand its presence in the grocery store industry. Through its commitment to customer satisfaction and competitive pricing, Aldi maintains its position as a key player in the retail market.
#7 Kroger Co.
Employees: 465K
Revenue: 122B$
Website: https://www.kroger.com
Description: Kroger Co. is a leading player in the Grocery Stores industry. Headquartered in Cincinnati, United States, the company operates a vast network of grocery stores across North America. Founded in 1883, Kroger has established itself as a trusted brand in the retail sector. With approximately 465,000 employees, the company is dedicated to providing high-quality products and exceptional customer service. Kroger's revenue of 122 billion dollars demonstrates its significant presence in the market. As a prominent player in the grocery industry, Kroger continues to innovate and adapt to changing consumer preferences, offering a wide range of products to meet the diverse needs of its customers.
#6 The Home Depot, Inc.
Employees: 400K
Revenue: 132B$
Website: https://www.homedepot.com
Description: The Home Depot, Inc. is a leading retailer in the Grocery Stores industry in North America. Headquartered in Atlanta, United States, the company was founded in 1978. With a workforce of approximately 400,000 employees, The Home Depot operates a vast network of retail stores offering a wide range of home improvement products, tools, and services to customers. The company has established itself as a trusted destination for homeowners, contractors, and do-it-yourself enthusiasts, providing quality products and expert advice. The Home Depot has achieved remarkable financial success, reporting a revenue of 132 billion US dollars. With its strong presence and customer-focused approach, The Home Depot continues to be a major player in the retail industry, catering to the diverse needs of consumers in the Grocery Stores sector.
#5 Walgreens Boots Alliance, Inc.
Employees: 450K
Revenue: 139B$
Website: https://www.walgreensbootsalliance.com/
Description: Walgreens Boots Alliance, Inc., headquartered in Deerfield, United States, is a prominent player in the Grocery Stores industry. With a workforce of approximately 450,000 employees, the company operates a vast network of retail pharmacies and health and wellness stores. Founded in 2014, Walgreens Boots Alliance has become a trusted destination for consumers seeking a wide range of health and beauty products, over-the-counter medications, and prescription medications. The company's revenue stands at an impressive 139 billion dollars, reflecting its strong market presence and customer loyalty. Through its strategic partnerships and collaborations, Walgreens Boots Alliance continues to innovate and expand its offerings, catering to the evolving needs of its diverse customer base.
#4 Costco Wholesale Corporation
Employees: 250K
Revenue: 166B$
Website: https://www.costco.com/
Description: Costco Wholesale Corporation, headquartered in Issaquah, United States, is a dominant player in the Grocery Stores industry. Since its founding in 1983, Costco has established itself as a leading warehouse retailer, offering a wide range of products at wholesale prices to its members. With approximately 250,000 employees, Costco operates numerous warehouse stores across North America, providing a one-stop shopping experience for customers looking for groceries, household items, electronics, and more. The company's revenue has grown significantly over the years, reaching 166 billion dollars, making it one of the largest players in the industry. Costco's commitment to offering quality products at competitive prices has earned it a loyal customer base and solidified its position as a major player in the Grocery Stores industry.
#3 CVS Health Corporation
Employees: 300K
Revenue: 268B$
Website: https://www.cvs.com
Description: CVS Health Corporation, headquartered in Woonsocket, United States, is a prominent player in the Retail industry, specifically operating in the Grocery Stores sector. With a rich history dating back to 1963, CVS Health has established itself as a leading provider of essential health products and services. The company operates a vast network of grocery stores across North America, offering a wide range of products including fresh produce, pantry staples, and household items. CVS Health is committed to providing convenient and accessible shopping experiences to its customers, with an emphasis on health and wellness. With a workforce of approximately 300,000 employees, CVS Health generates a staggering annual revenue of 268 billion dollars, solidifying its position as a key player in the grocery retail market.
#2 Amazon.com, Inc.
Employees: 1.3M
Revenue: 280B$
Website: https://www.amazon.com
Description: Amazon.com, Inc. is a global e-commerce company headquartered in Seattle, United States. Founded in 1994, the company has grown to become one of the largest online retailers in the world. With a workforce of approximately 1.3 million employees, Amazon operates in various industries including the retail sector, with a particular focus on grocery stores. Through its online platform, Amazon offers a wide range of grocery products, including fresh produce, pantry essentials, and household items. The company's grocery stores provide customers with convenient options for purchasing groceries, delivering them directly to their doorsteps. With a revenue of approximately 280 billion dollars, Amazon continues to expand its presence in the grocery industry, offering customers a seamless shopping experience and competitive prices.
#1 Walmart Inc.
Employees: 2.3M
Revenue: 555B$
Website: https://www.walmart.com
Description: Walmart Inc. is a leading retail company in the Grocery Stores industry. Headquartered in Bentonville, United States, Walmart operates numerous grocery stores across North America. Founded in 1962, the company has grown to become one of the largest employers in the world, with approximately 2.3 million employees. Walmart generates significant revenue, with an estimated annual revenue of 555 billion dollars. The company's focus in the Grocery Stores industry allows it to provide a wide range of products to customers, including fresh produce, packaged foods, household essentials, and more. With its extensive network of stores and online presence, Walmart continues to be a dominant player in the retail industry, offering affordable and convenient shopping options to millions of customers.
Summary
The top companies in the grocery store sub-industry have been identified based on their rankings and significant accomplishments. These companies have demonstrated strong performance and have achieved remarkable success in the retail sector.
During the analysis, some unexpected findings were discovered. One surprising trend is the increasing popularity of online grocery shopping, driven by the convenience and ease it offers to consumers. This has led to a rise in e-commerce grocery companies and a shift in consumer behavior.
Among the premier companies in the grocery store sub-industry are well-known names such as Walmart, Kroger, and Albertsons. These companies have established themselves as leaders in the retail sector and have a significant presence in the grocery market.
One key element that drives the prosperity of these leading firms is their focus on customer satisfaction. They prioritize providing a wide range of high-quality products, competitive pricing, and excellent customer service. These companies also invest in technology and innovation to enhance the shopping experience for their customers.
What sets these eminent companies apart from their industry rivals are their extensive networks of stores, which allow them to reach a large customer base. They have built strong brand recognition and customer loyalty over the years. Additionally, these companies have implemented effective supply chain management systems to ensure efficient operations and timely delivery of products.