Global retail sales 2015-2020

Global retail sales were projected to amount to around 28 trillion U.S. dollars by 2020, up from approximately 22 trillion U.S. dollars in 2016. The retail industry encompasses the journey of a good or service. This typically starts with the manufacturing of a product and ends with said product being purchased by a consumer from a retailer. Retail establishments come in many forms such as grocery stores, restaurants, and bookstores.

American retailers worldwide

As a result of globalization and various trade agreements between markets and countries, many retailers are capable of doing business on a global scale. Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of such American retailers. The success of U.S. retailers can also be seen through their performance in online retail.

Retail in the U.S.

The domestic retail market in the United States is a lucrative market, in which many companies compete. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers.
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Total retail sales worldwide from 2015 to 2020
(in trillion U.S. dollars)
Sales in trillion U.S. dollars
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Statistics on "Retail trade in the United Kingdom (UK)"
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