Walmart Holds On To Top Spot Of Fortune 500, Amazon Leaps To No. 3

Walmart remains the largest company in the world by revenue, according to the annual Fortune 500 rankings released on Monday. While Walmart’s revenue kept it at the No. 1 spot, where it has been for years, Amazon leapfrogged from No. 9 to No. 3 on the Fortune 500 list after the pandemic drove explosive growth at the e-commerce specialist. Other retailers in the top 100 of the list include Costco (No. 27), Home Depot (No. 41), JD.com (No. 59), Alibaba (No. 63), Target (No. 78) and Lowe’s (No. 80). Read more at Retail Dive.