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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.
The department store is still the worldâs 12th largest retailer, but has slid 105 spots on our list to No. 516. Kohlâs is another traditional store clinging to its status as the 24th largest retailer, but it too has dived 157 spots to No. 809.