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Charting top retailers' revenue growth

Revenue growth of the top 10 global publicly traded retailers in 2021
Data: GlobalData; Table: Erin DavisAxios

U.S.-based retailers accounted for eight of the 10 largest publicly traded retailers in the world, with China's and Alibaba filling in the sixth and 10 spots, respectively.

What's happening: "Major online merchants such as Amazon, and Alibaba gained a revenue growth of above 20% in FY2021,” said Divya Vootkuru, business fundamentals analyst at GlobalData.

  • It wasn't just online sales propelling retail forward during the pandemic, pharmacies also got a boost along with home improvement and gardening retailers, the report noted.
  • Other big gainers in the top 25 were "Walmart, Walgreens, Target, Ahold Delhaize, Tesco, Sainsbury’s, Nike, Albertsons and AEON, which all reported more than 50% growth in their operating profits," Vootkuru added.
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