Top 5 Supermarket Chains in the World

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Top 5 Supermarket Chains in the World

Every day thousands of people visit their local supermarket. But not many assume just how popular supermarkets really store open till midnight on a worldwide scale. Just take a look at the facts. The world runs on supermarkets and it's not just because of all the delicious food contained in them.

There are some mythical chains that have millions working for them every day, all across the globe. Their CEO's make millions a year, hundreds of thousands work with them and some of these supermarkets have even become an international phenomenon, known only by name rather than actual location. I'm talking about the top ten supermarket chains in the world and this list is going to show you how these chain stores earned their reputation as kings of the retail market.

1. Walmart

Walmart is the world's largest company by revenue, according to Forbes. It employs 2.3 million people and operates 11,500 stores in 28 countries under 55 brands in addition to its e-commerce sites. The company has a market capitalization of $249 billion.

2. Carrefour

The French retailer Carrefour operates more than 12,000 stores in 30 countries across Europe, Asia and Africa and employs more than 350,000 people. Its total revenue was $114 billion in 2016 and its market capitalization is about $27 billion.

3. Tesco

Tesco is the third-largest supermarket chain in the world by revenue after Walmart and Carrefour with sales of $116 billion in 2016 and annual profits of $5 billion per year on sales of $131 billion per year (excluding fuel). It operates more than 2,800 stores around the world including 1,400 in Britain alone where it has been headquartered since 1919 with an additional 1,200 locations elsewhere around Europe including France (300), Spain (425), Poland (200), Czech Republic (250), Slovakia (100) and Hungary (70).

4. Costco Wholesale Corporation

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses in the United States (U.S.), Canada and other countries. The company offers branded and private label products in a range of merchandise categories, including food and sundries, meat and bakery, fresh produce, alcoholic and non-alcoholic beverages, tobacco products, general merchandise and apparel. It also provides pharmacy services; optical services through its Vision Center; hearing aid centers through its Hearing Aid Centers; travel goods; gasoline stations; memberships for businesses; and online shopping services. As of December 31, 2018, it operated 757 warehouses: 468 in the U.S., 99 in Canada, 38 in Mexico, 32 in the United Kingdom (UK), 23 in Japan, 11 in Taiwan and 10 each in Korea and Spain. The company was founded in Seattle, Washington in 1983 by James Sinegal and Jeffrey Brotman as a local retail operation called Price Club Inc.; it changed its name to Costco Wholesale Corporation in 1993.

5. Albertsons Companies LLC

Albertsons Companies LLC is an American grocery company founded and operated by Joseph M. Albertson and Robert C. Macaroni, with partner George L.. Edmondson later joined the company as a partner in 1945 and later became president in 1954 after Macaroni died at age 50.. The first store was named Safeway because it was located on South Federal Way in Seattle.. The company changed its name to Albertsons in 1970 when it merged with another grocery chain that had been founded

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