Week 7 BOC: Largest Retailer

 

TOP 10 Retail Companies Based in the U.S. Ranked Among the 250 Largest Retailers 

In the World:
 

 

#1    Wal-Mart

#5    Home Depot, Inc.

#6    The Kroger Co.

#8    Target Corp.

#9    Costco Wholesale Corp.

#11   Walgreen Co. 

 

Minneapolis-based Target Corp., the nation's third-largest retailer, reported profits up 3.7 percent to 

$704 million for the quarter ending July 30 over the same quarter last year. Although profits for 

Wal-Mart Stores Inc. were even better — profits for the quarter were $3.8 billion, up 5.7 percent from 

a year ago — the company's sales at U.S. stores open for more than a year fell for the ninth 

consecutive quarter. (1)

"Target has really regained its mojo, and Walmart has lost it," said Craig Johnson, president of 

Customer Growth Partners, a research firm that covers the retail industry. 

 

          

           Target Corp. is a very good example of the world largest retailer. Target has its own style in 

the retailer industry. Back to the days Targets , Walmart and K-mart were competed with each other. 

Sadly K-mart was the one that get kicked out of the game. Target was smart enough to not against 

Walmart face to face. Target chosen to provide a better shopping environment, products quality and 

rise the overall price to make more high-income people to come to shopping. They did it really well 

and saved the company. Now days, Target has 1,788 stores in the U.S and 68 stores in Canada.








Credits:

http://www.npr.org/2011/08/19/139793948/target-takes-aim-at-walmart-with-some-success