It is a known fact that there are numerous brands that want to set foot in the market. The reason you see a product from a brand new company, most especially in grocery items or home and kitchen wares, is because of the marketing strategy of Store Label Consumer Goods. This is where many companies launch their products with their own unique name, brand identity, and logo.
Walmart was founded by Sam Walton in 1962 in Rogers, Arkansas, USA. It is now one of the biggest retailers in the world with over 11,000 stores worldwide and over 2 million employees. Walmart also has a grocery store open late and operates its own credit card company called Capital One Bank and offers health insurance plans through Aetna Life Insurance Company.
2. Costco Wholesale Corporation
Costco Wholesale Corporation was founded by Jim Sinegal and Jeffrey Brotman in 1983 in Seattle, Washington, the USA as a membership warehouse club selling products at wholesale prices without requiring any membership fees or annual dues from customers who purchase goods there. Today it operates 729 warehouse clubs worldwide that sell products at wholesale prices without requiring any membership fees or annual dues from customers who purchase goods there.
Costco Wholesale Corporation is a multinational chain of membership warehouses with locations in North America, South America, Europe and Asia. It is the second largest retailer in the world behind Walmart based on annual sales. 3. The Home Depot Inc The Home Depot, Inc., commonly known as The Home Depot, is an American home improvement supplies retailing company that sells tools, construction products, and services.
Tesco is a British multinational grocery and general merchandise retailer headquartered in Welwyn Garden City, Hertfordshire, England, with stores in 7 countries across Asia and Europe and is the world’s third-largest retailer measured by profits and seventh largest retailer measured by revenues. Tesco was founded by Jack Cohen in 1919; the name Tesco was first used for his first shop which he opened in 1919, which sold groceries including fresh produce.
Amazon is the largest online retailer in the world, offering everything from books and electronics to groceries, clothing, and furniture. The company employs more than 350,000 people worldwide and had revenues of $177 billion in 2018.
Also Read This: The World’s Largest Supermarket Chains