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Named the World's Largest Grocery Chains



Forbes has listed the world's ten largest food retailers.
World's Largest Grocery Chains

Forbes magazine has published an updated ranking of the 2000 largest public companies in the world. American and Chinese banks took 8 out of 10 top lines of the rating. The share of the United States traditionally accounted for more than 400 companies that were in the rating, including 35 - in the top 100. For comparison, there were 18 Chinese companies in a hundred leaders, 8 in Japan.

The list of the largest food retailers in the Forbes 2000 ranking has traditionally been divided into two categories - “food retail” and “discount stores”. Walmart retained leadership in the market - with a turnover of $ 514 billion, the company is located on the 29th line of the list, several times ahead of all competitors in terms of net profit, capitalization, and asset value.

The second and third positions in the ranking were taken by the American giants Costco Wholesale (173rd place) and Target (223rd). The best European retailer, Tesco, ranked 243rd. The leader of the Asian market Seven & I Holdings is located at 278th place.

The top 10 largest food sellers in the world market also included American Kroger, the Dutch Royal Ahold Delhaize with Food Lion, Hannaford and Stop & Shop and the Canadian Couche Tard (Circle K, Mac’s, Kangaroo). The rating was closed immediately by two Australian companies - Woolworths, which also operates stores in India and New Zealand, as well as a multiformat retailer Westfarmers.

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May 28, 2020, USA:
Adidas and AllBird have announced a partnership aimed at creating new environmentally friendly technologies.
May 27, 2020, France:
French chain of department stores Galeries Lafayette has announced a new service for customers during the closing of stores.
May 27, 2020, USA:
The chain of coffee shops adapts to the realities of the post-quarantine world and focuses on drive-thrus, self-service, and delivery.
May 26, 2020, Italy:
Due to the sharp decline in interest in fashion in the midst of the pandemic, the company is abandoning the traditional calendar of shows and moving to an off-season schedule.
May 26, 2020, Germany:
The masks to protect against coronavirus are called Face Covers and are made from recycled materials.
May 25, 2020, United Kingdom:
Due to the coronavirus pandemic, more and more customers are adopting the habits of the younger generation and do not want to constantly change their wardrobe.
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