RETAIL TITANS • 2018–2026
Top 8 Retail & E-Commerce Empires by Value (2018–2026): Walmart's $1T Surge!
Market Capitalization in USD Billions ($B)
Key takeawayWalmart and Costco overtake Alibaba as retail surges
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2018 H1 vs 2026: what changed
2018 H1 leader
Amazon $680.0B
2026 leader
Amazon $2,598B
Fastest growth
Costco +10.4% CAGR
| Contender | 2018 H1 | 2026 | Multiplier | CAGR | Peak (year) | 2026 share |
|---|---|---|---|---|---|---|
| Amazon | $680.0B | $2,598B | 3.82x | +8.20% | $2,598B (2026) | 51.0% |
| Walmart | $255.0B | $979.9B | 3.84x | +8.24% | $1,020B (2026 H1) | 19.2% |
| Costco | $84.0B | $448.6B | 5.34x | +10.36% | $448.6B (2026) | 8.8% |
| Home Depot | $215.0B | $328.4B | 1.53x | +2.52% | $433.4B (2021 H2) | 6.4% |
| Alibaba | $475.0B | $243.9B | 0.51x | -3.85% | $648.3B (2020 H2) | 4.8% |
| Inditex | $98.0B | $196.4B | 2.00x | +4.17% | $205.8B (2025 H2) | 3.9% |
| TJX | $58.0B | $152.9B | 2.64x | +5.87% | $174.9B (2025 H2) | 3.0% |
| Uniqlo | $48.0B | $146.3B | 3.05x | +6.78% | $146.3B (2026) | 2.9% |
| Contender | 2018 H1 | 2018 H2 | 2019 H1 | 2019 H2 | 2020 H1 | 2020 H2 | 2021 H1 | 2021 H2 | 2022 H1 | 2022 H2 | 2023 H1 | 2023 H2 | 2024 H1 | 2024 H2 | 2025 H1 | 2025 H2 | 2026 H1 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Amazon | $680.0B | $734.4B | $840.5B | $920.2B | $1,350B | $1,634B | $1,720B | $1,691B | $1,080B | $856.9B | $1,310B | $1,570B | $1,980B | $2,352B | $2,410B | $2,485B | $2,540B | $2,598B |
| Walmart | $255.0B | $270.6B | $310.4B | $337.2B | $355.0B | $407.8B | $395.0B | $401.4B | $345.0B | $382.4B | $412.0B | $424.4B | $560.0B | $736.3B | $815.0B | $890.9B | $1,020B | $979.9B |
| Costco | $84.0B | $89.7B | $112.0B | $129.8B | $138.0B | $166.9B | $185.0B | $251.7B | $215.0B | $202.6B | $245.0B | $292.9B | $375.0B | $417.1B | $402.0B | $387.7B | $425.0B | $448.6B |
| Home Depot | $215.0B | $194.1B | $225.0B | $238.2B | $265.0B | $286.0B | $340.0B | $433.4B | $290.0B | $321.9B | $315.0B | $344.9B | $350.0B | $390.3B | $365.0B | $348.2B | $335.0B | $328.4B |
| Alibaba | $475.0B | $352.5B | $440.0B | $570.9B | $585.0B | $648.3B | $610.0B | $330.7B | $295.0B | $233.2B | $215.0B | $198.6B | $180.0B | $202.6B | $285.0B | $363.3B | $290.0B | $243.9B |
| Inditex | $98.0B | $79.6B | $96.0B | $122.9B | $85.0B | $122.7B | $118.0B | $114.0B | $75.0B | $83.0B | $118.0B | $135.7B | $152.0B | $160.9B | $185.0B | $205.8B | $201.0B | $196.4B |
| TJX | $58.0B | $55.2B | $66.0B | $73.5B | $61.0B | $82.0B | $81.0B | $90.6B | $69.0B | $92.0B | $96.0B | $106.9B | $124.0B | $139.3B | $158.0B | $174.9B | $162.0B | $152.9B |
| Uniqlo | $48.0B | $52.1B | $62.0B | $60.9B | $65.0B | $91.6B | $78.0B | $58.0B | $55.0B | $61.5B | $72.0B | $76.1B | $89.0B | $106.3B | $109.0B | $112.2B | $131.0B | $146.3B |