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As of its 2006-year end Tesco was the fourth largest retailer in the world behind Wal-Mart, Carrefour and Home Depot. Tesco moved ahead of Home Depot during 2007, following the sale of Home Depot's professional supply division and a decline in the value of the US dollar against the British pound.
Wal-Mart Stores (wmt) is the worldâs largest retailer, with nearly 11,000 stores in 27 countries. The company was founded in 1962 by Arkansas businessman Sam Walton; the Walton family remains one of the richest families in the world, with a 50% stake in the company.