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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.
With seven new American retail chains joining the world's largest retailer list, now 33% of the 250 largest retail companies in the world are based in the United States, according to the 2014 Global Powers of Retailing report, which is published each year by Deloitte Touche Tohmatsu and STORES Magazine.