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IKEA employs around 6,500 persons and has its headquarters in Conshohocken, Pennsylvania. This was probably due to the fact that it offers an estimated wide range of 9,500 products. Operating in retail and wholesale Industry, the company added 12 more stores to its fold in the year 2016 and received close to 800 million store visits the same year. IKEA is greatly acknowledged in Germany and the United States with both contributing to 18 percent of the company’s sales. It has more than 370 stores in close to 50 countries with the majority of stores in Europe. The company was founded in 1943 by Ingvar Kamprad (who was seventeen years of age by then) in Sweden. Home depot has a huge number of stores and is also penetrative in price and hence is one of the topmost Walmart competitors in the market. By the end of 2017, it’s Market Cap and sales were $176 billion and $95 billion respectively. The total number of people employed by Home Depot exceeds 400,000. Having been founded in June 1978, the company targets general contractors, remodelers, tradesmen, small and medium-sized businesses and homeowners.
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Also, remodeling and repairing most of which is done by third-party contractors. Its other services include installation of products such as windows, floor tiles, roofs, kitchen cabinets, water heaters, vinyl siding etc. This is a home improvement company selling garden products, house improvement products, and building materials. Alibaba is threatening both – Amazon, as well as Walmart and, is considered as one of the top Walmart competitor. With its headquarters in Hangzhou, China, Alibaba is one of Asia’s Fab 50 companies. By the end of 2017, its market Cap was $265 billion and sales $21.5 billion.
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Taobao ( China’s online marketplace) (Global e-commerce marketplace for small and medium enterprises) Alipay (for mobile and online payments) cloud computing (for data management) et ceteraįounded in China by Yun Ma and Chung Tsai the year 1999, the company employs approximately 40,000 people. 2) AlibabaĪlibaba is an e-commerce company that operates in retail and wholesale on mobile and online platforms. Due to its online market presence and huge turnover, without a doubt, Amazon is the top amongst all Walmart Competitors. Amazon is ranked as one of the most innovative companies in the world. Convenience to clients is also ensured via a user-friendly website that allows product sales even from third parties. Its main area of product concern is pricing and quality. Other than online retail shopping, Amazon also offers promotional and marketing services. The market capitalization for the same year was around $430 billion The company employs close to 342,000 people and had a sales value of $136 billion in 2017. With its headquarters in Seattle, Washington, Amazon was founded in the USA in 1994 to operate on Internet and catalog retail industry.