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How has the financial health of the 10 largest global food retailers changed since 2017? How did Target manage to climb to 19% of online sales, when Carrefour is only 4%? How do Ahold Delhaize and Target manage to combine online sales growth with profitability? Find out in our analysis what key financial indicators say about the business models of Walmart, Costco, Aldi, Lidl, Kroger, Target, Ahold Delhaize, Carrefour, Aeon and Albertsons.
mind Retail compiled key figures from the annual reports of the 10 largest food retailers, since 2017, in a comparative table. We consider revenues, sales growth, share of online sales, operating margin, net margin and headcount (see methodology). In 2021, combined revenue reached US$1,477 billion. While Walmart remains the market leader, with sales three times higher than those of Costco, the closest competitor, two business models stand out: Target, boosted by online sales, and Ahold Delhaize
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