Walmart is the world’s largest grocery retailer, with 13 stores per 1 million people in the US, according to a recent study. Its global turnover was $611.3 billion in 2023, with $421.8 billion coming from US sales. Despite other popular chains like Costco and Kroger, Walmart brings in six times more revenue due to its convenience and price point.
Convenience and low prices are key factors for Walmart’s success. The company offers “Every Day Low Price” guarantees, which result in 20% lower prices on groceries compared to average stores. This is achieved through massive store counts and purchasing large quantities of inventory at lower costs from suppliers.
The top five US grocery store chains are ranked as follows: Walmart ($611.3 billion), Costco ($173.5 billion), Kroger ($150.04 billion), Target ($107.4 billion), and Albertsons ($79.24 billion). While consumers may prefer local, independent stores like H-E-B, Walmart’s widespread presence ensures it remains a top choice for its unbeatable prices and convenience.
Source: https://www.thetakeout.com/1781257/biggest-grocery-store-chain-america