Kroger becomes world’s third-largest retailer behind Wal-Mart and Costco

Posted on 28 January 2016. Tags: Becomes, behind, Costco, Kroger, retailer, thirdlargest, Walmart, world's

Kroger is the world’s third-largest retailer behind Wal-Mart and Costco, according to a new ranking by the National Retail Federation.

Wal-Mart remained the prohibitive No. 1 on the listing with more than $ 485 billion in sales – making it larger than the next four retailers combined.

The top 10 of the list is dominated by supercenter, discount and drug retailers based in the U.S. and Europe. Kroger was also the largest retailer doing business in one country, followed by No. 11 Target, which did $ 72 billion in annual sales.

Contributed By Sonia Narula

News of Delhi