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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.
Most of the worldâs largest retailers positioned in the top half of the list moved very little in their rankings, if at all. Wal-Mart is still, by far, the largest retailer in the world. Franceâs Carrefour is still #2. Germanyâs Metro AG overtook the United Kingdomâs Tesco chain and claimed the #3 position on the list. The top retailers in the top countries managed to maintain relative stability on the global retailing stage.