15+ Biggest Walmart Competitors and Alternatives

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Walmart is an American multinational retailing company that operates an array of stores that sell discount items.

It is also called supercenters. Headquarters are situated in Bentonville, Arkansas. The company founder’s name is Sam Walton.

The foundation was established in 1962 and was incorporated under the corporation law on October 31st, 1969. The Walmart CEO’s name is Doug McMillon.

The brand valuation of the company is US $ 572.8 billion. The number of employees in the present company is 2,300,000 in (January 2022). 

Who are the main Walmart Competitors?

Amazon

  • Year founded: 1994
  • Headquarter: Seattle, Washington

It is the largest retailer and Walmart’s biggest competitor, and Bezos created the foundation in 1994. The corporate headquarters are located in Seattle, Washington, United States.

It is the biggest rival of Walmart. According to the company’s report, it has a net income of U.S. dollars 10.073 billion and a revenue of 232.887 billion.

Its CEO has been named Andy Jassy. It also has several business segments like digital streams Amazon Web, services, and online retail business, and it is also now looking for offline retailing success. 

Amazon: 15 Top Competitors And Alternatives

Costco

  • Year founded: 1983
  • Headquarter: Issaquah, WA

 Costco, The foundation of the company, was created in 1976 by James Sinegal and Jeffrey Brotman. Its headquarters are in Issaquah, United States, and Washington.

The number of members currently in the warehouse is 770, out of which the United States operates 531 warehouses, 39 in Mexico, 100 in Canada, etc. The cardholders and members are worldwide, and there are more than 94 million.

The CEO of the business will be W. Craig Jelinek The corporation’s valuation is $141.6 billion in revenue and $3.13 net income. 

Costco is a significant competitor of Walmart because it attracts budget-conscious shoppers.

Kroger 

  • Year founded: 1983
  • Headquarter: Cincinnati, Ohio

Bernard Kroger founded the corporation, it is a multinational company, in 1883. currently, it is known as one of the largest retailers across the world, and it also has the largest grocery stores that are located in the United States.

Its headquarters are located in Cincinnati, Ohio. It has more than 2764 retailing stores- convenience stores, multi-departmental stores, and digital shopping options.

Its CEO for the business has been named Rodney McMullen.

The company’s brand value is 137.888 million, which has increased by 0.36 percent since the beginning of the year 2019. In recent years, the matter has increased by 4.07 percent each year.

For a number of reasons, Kroger is one of Walmart’s biggest competitors.

Walgreens

  • Year founded: 1901
  • Headquarter: Deerfield, Illinois

The company was operated in 1901 as a drug stock, and Charles Rudolph founded the corporation named Walgreen. The company was merged with Alliance Boots in 2014 and transformed into a Walgreen product.

It has one of the most significant stock bonds in America and is already operating 9560 reserves in the United States.

The company’s brand valuation is $131.5 billion in revenue, with a total growth of 11.3% in 2018. The CEO of the Walgreen Company is Stefano Pessina. It had a development of 11.3% in 2018. 

The Home Depot

  • Year founded: 1978
  • Headquarter: Atlanta, Georgia

The company is known for the home development of products and selling the tools, hardware, and many planted cultivation equipment, with the construction product and services.

The total number of employees working in the company is 4 lakh, and it operates more than 22000 stores in the United States. The CEO of Home Depot company is Craig Menear.

The main competitor of Walmart in the home improvement market is Home Depot.

The company’s brand valuation is $108.2 billion, and the net income is $ 11 billion. The Home Depot company’s net income is double Walmart’s net income. 

Tesco PLC

  • Year founded: 1919
  • Headquarter: Hertfordshire, UK

It has been supplying its customers since 1919. The corporate headquarters are within Hertfordshire, England, United Kingdom.

The number of employees present is 4,50,000, and it currently has more than 6800 shops worldwide. The CEO of Tesco PLC company is Ken Murphy.

It operates in the U.K. and Europe, and it works in China, Thailand, Malaysia, etc. according to the current report, it has $80.8 billion. ASDA is gaining a considerable market share in the U.K. retail industries. 

Carrefour S.A.

  • Year founded: 1960
  • Headquarter: Boulogne-Billancourt, France

It is also known as the French retailing foundation, founded in 1958. It was established as a retail brand that has an international presence.

It has already been operating across Europe, The Americas, Asia, and Africa in which it currently provides its customers with millions of dollars.

The corporation has been operating hypermarkets, supercentres, cash & carrying, Warehouse clubs, Discounted stores, etc. The CEO of Carrefour S.A company is Alexandre Bompard. The company’s brand valuation was 77.91 GBP in 2019, with a growth of 1.4%. 

Target

  • Year founded: 1902
  • Headquarter: Minneapolis, Minnesota

It is well known as a retailing brand of Walmart competitor. Being one of the biggest retail stores in the United States, the foundation of “Target” was established by George Dayton in 1902.

Its headquarters are in Minneapolis, and the company opened stores in 1851 that are operating within the United States. Target is the ideal substitute and the second-best competitor to Walmart.

The CEO of the target company is Brian Cornell. The brand valuation of the target company is 75.365 billion dollars in revenue in 2019, which is increased by 3.6%. It has significant growth of 0.97 billion. 

CVS Health Corporation

  • Year founded: 1963
  • Headquarter: Woonsocket, RI

It is known as the health corporation of retail pharmacy, with its headquarters in Woonsocket, Rhode Island. It was founded by three partners in 1963.

It deals with many corporate divisions with managerial functions, and administrative functions are the solutions division, finally retailing the division prescribed as drugs.

The CEO of CVS company is Karen S. Lynch. The branding valuation of CVS, a health brand, is valued at 26.9 million U.S. dollars.

CVS
image source: CVS

SCHWARZ GROUP

It is a retail store created in Germany by Josef Schwarz in 1930, and currently, it remains under his family’s control.

It has been operating food stores, many supermarkets, and some hypermarkets, which are discounted by the departments under different brands such as Lidl and Kaufland.

The CEO of Schwarz Gruppe is Klaus Gehrig.The company’s brand valuation is $113.3 billion, with many employees. It also has shareholders within the group. The annual revenue which is generated is $93.1 billion.

Walmart Competitors

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