costco travel to mexico

You can book luxury hotels, cruises, and vacation packages through Costco for a fraction of the cost

Costco offers steep discounts on hotels, cruises, rental cars, and vacation packages for members.
Members can book travel through the Costco Travel website.
Costco offers perks such as waived fees for additional drivers on rental cars.

Your Costco membership can get you more than bulk packages of toilet paper and $5 rotisserie chickens.

If you're a Costco member, you can book hotels, cruises, rental cars, and all-inclusive packages online through Costco Travel .

The Costco Travel website offers vacation packages at luxury resorts in destinations including Tahiti, French Polynesia; Cancún, Mexico; Costa Rica, and Hawaii, and cruises with companies such as Carnival, Royal Caribbean , and Princess, at heavily discounted prices.

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Gateway to the yucatan peninsula, cancun's hotel zone greets guests with turquoise waters, a sprawling beachfront, endless entertainment, and all-inclusive resorts..

When it comes to top destinations in Mexico, Cancun reigns supreme. 15 miles of soft sand beaches, mega-resorts with all-inclusive options, oceanfront swimming pools, and opulent spas line the Zona Hotelera (hotel zone). Add in boutique resorts, shopping venues, bars and nightlife, and it's a wonder people ever leave.

Puerto Vallarta & Riviera Nayarit
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Cancun Hotels

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Property offers the ultimate in elegance and sophistication, with highly personalized service and hospitality.

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Property offers basic accommodations, decor, facilities and grounds.

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More About Cancun

Cancun is a major resort destination on the Yucatan Peninsula overlooking the turquoise waters of the Caribbean Sea. One visit and you'll understand why this stretch of white-sand beach transformed into the thriving resort destination you'll experience today. The hotel zone stretches along the coastline between the Nichupte Lagoon and the aquamarine waters of the Caribbean.

While most people connect Cancun to Spring Break, there is much more to this seaside resort community than a rowdy reputation. This region of Mexico is known for its extensive Mayan culture and artifacts. The Museo Maya de Cancun, located in the hotel zone, hosts more than 400 artifacts and an outdoor exhibit including original ruins among walking paths.

To the north is the community of Playa Mujeres, a sleepy resort area that has grown in recent years. Exquisite resorts are staking a claim along this area offering an alternative to the bustling hotel zone without sacrificing the beach experience.

To the south, stretching from Puerto Morelos to Tulum is the resort area known as Riviera Maya. For information on this area, please explore our Riviera Maya page.

Before You Go

To make it easier to replace your passport if it’s lost or stolen, in addition to your passport, take a photocopy of your passport information page (keeping it separate from your actual passport).
Carry only a limited amount of cash, just enough for gratuities and incidental purchases. Major credit cards are widely accepted and can be replaced if lost or stolen.
Always lock your hotel room door (including patio and balcony door on any level of the building) and use the peephole before opening the door.
Store your valuables (such as cash, credit cards and airline tickets) in the hotel’s in-room safe or front desk safety deposit box.
If you must carry valuables on your person, do so in a pouch or money belt concealed under your clothing. Purses and backpacks can be easy targets for thieves.
For complete and current safety and security information, including travelers' tips, public announcements, travel advisories and more, please visit the Government of Canada official website at https://travel.gc.ca.
December through February: 28° to 28° (Winter)
March through May: 29° to 32° (Spring)
June through August: 32° to 33° (Summer)
September through November: 32° to 29° (Autumn)

Sargassum/Seaweed Advisory

Sargassum is a free-floating seaweed that is especially prolific in the Caribbean Sea and Gulf of Mexico. While beneficial to ocean life, these large free-floating seaweed mats often wash up on beaches. The amount of seaweed on the beaches fluctuates based on the time of year and ocean currents. While resorts do their best to maintain the beaches for their guests, you may experience some inconvenience during your stay.

Top Experiences

The Beach : 15 miles of beachfront stretches as far as you can see separating a lagoon from the stunning Caribbean.

Mayan Culture : The Museo Maya de Cancun and El Rey Archeological Zone for some local insight into the Mayan culture.

Nightlife : Bars, lounges, dance clubs, and more line the hotel zone offering ample entertainment options.

Shopping : For a break from the beach, take a stroll at La Isla Shopping Village and Plaza Kukulcán. If you are looking for local artisans, visit the markets in El Centro.

Additional Information

The costco traveler blog, puerto rico on a budget: 5 things to do for free, navigating vancouver, three of fiji’s fabulous resorts, explore more travel, experience the disney difference.

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FinanceBuzz

15 Dream Vacations You Can Actually Afford With Costco Travel

Posted: October 28, 2023 | Last updated: October 28, 2023

<p> Need a vacation? Your Costco membership might be able to help you find a great deal on a place you actually want to visit, regardless of the reason you need a trip. </p> <p> Check out these family-friendly vacations that you can book through Costco Travel and get some extra savings. Using one of the <a href="https://financebuzz.com/top-travel-credit-cards?utm_source=msn&utm_medium=feed&synd_slide=1&synd_postid=14183&synd_backlink_title=top+travel+credit+cards&synd_backlink_position=1&synd_slug=top-travel-credit-cards">top travel credit cards</a> could help you save even more.</p><p> <a href="https://financebuzz.com/top-travel-credit-cards?utm_source=msn&utm_medium=feed&synd_slide=1&synd_postid=14183&synd_backlink_title=Compare+the+best+travel+credit+cards+for+nearly+free+travel&synd_backlink_position=2&synd_slug=top-travel-credit-cards">Compare the best travel credit cards for nearly free travel</a> </p>

Need a vacation? Your Costco membership might be able to help you find a great deal on a place you actually want to visit, regardless of the reason you need a trip.

Check out these family-friendly vacations that you can book through Costco Travel and get some extra savings. Using one of the top travel credit cards could help you save even more.

Compare the best travel credit cards for nearly free travel

Cruises offer great family-friendly treats like excursions and onboard activities. Costco’s version of a Mexican cruise starts with boarding a Carnival cruise ship in San Francisco for five days of relaxing in the sun.

One of the best Costco hacks is that you can earn a gift card for booking through the warehouse retailer.

Get expert advice on making more money - sent straight to your inbox.

<p> Head to the great Pacific and Hawaii with this Costco trip to Oahu. The package includes a beach-side hotel in Waikiki Beach for ocean surf as well as swimming pools with a water slide. </p> <p> Perks of booking through Costco include a lei greeting at the hotel and having your resort fees covered as part of your booking. </p>

Oahu, Hawaii

Head to the great Pacific and Hawaii with this Costco trip to Oahu. The package includes a beach-side hotel in Waikiki Beach for ocean surf as well as swimming pools with a water slide.

Perks of booking through Costco include a lei greeting at the hotel and having your resort fees covered as part of your booking.

You can get plenty of extras at the Garza Blanca Cancun when you book a trip for the family through Costco.

Your membership may include a complimentary room upgrade or resort credit depending on the type of accommodations you choose. You’ll also get a Costco gift card when you book through the warehouse retailer.

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Riviera Maya

This all-inclusive resort includes unlimited meals and 24-hour room service as well as a kids club to send your little ones if you want a break.

The package also includes access to nature parks and tours so you can explore the area or simply relax at the Hotel Xcaret Mexico. Plus, buy your trip with the right credit card and you could earn cash back while taking advantage of the good deals.

Walt Disney World

Is there any family vacation quite like a trip to Walt Disney World? Check out the Walt Disney Swan and Dolphin Resort for all your Disney needs with discounts through Costco.

Booking through Costco can get you an early theme park entry, a complimentary room upgrade, and some free meals for your kids at the resort.

Universal Orlando

Another theme park highlight in Florida is Universal Orlando. You can take advantage of all it has to offer with a stay at Universal’s Adventura Hotel.

You can pick up Universal Orlando tickets with this package through Costco and also enjoy a $50 Universal Orlando resort gift card if you have a Costco membership.

Will you be able to retire early? Take this quiz to find out.

<p> Take advantage of the California sun with your family at San Diego’s Mission Bay resort. Check out Costco’s deal for families, which includes $45 in resort credit. </p> <p> You can also have your resort fees waived if you book through Costco Travel, which can help you <a href="https://financebuzz.com/lazy-money-moves-55mp?utm_source=msn&utm_medium=feed&synd_slide=8&synd_postid=14183&synd_backlink_title=keep+more+money+in+your+bank+account&synd_backlink_position=8&synd_slug=lazy-money-moves-55mp">keep more money in your bank account</a>.</p>

San Diego, California

Take advantage of the California sun with your family at San Diego’s Mission Bay resort. Check out Costco’s deal for families, which includes $45 in resort credit.

You can also have your resort fees waived if you book through Costco Travel, which can help you keep more money in your bank account .

Western Caribbean

You don’t have to stay at a theme park to enjoy a Disney vacation. In fact, Costco can book you a Western Caribbean vacation on a Disney cruise if you want to head out on the water.

A great Costco perk for booking through the retailer is a Costco gift card to help you stock up on travel essentials before you head out for a fun family cruise.

Want to try something a little more unusual? Pack up the family and head to Fiji to really get away from it all.

Booking your vacation through Costco includes water sports and meals while you’re at the resort. And Costco’s price also covers airfare and access to Fiji Airways’ departure lounge.

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Scottsdale, Arizona

If you want to stick closer to home, try Costco’s deal with the Hyatt Regency hotel in Scottsdale, Arizona. The hotel boasts a water playground, spa, and golf course for all your sporting needs.

You can also get waived resort fees, complimentary breakfast, and a rental car included in your package when you book through Costco.

Take a trip to Tahiti with the family and stay at a luxury bungalow out on the water for a unique vacation experience.

Your Costco booking includes airfare, breakfasts and dinners, and a complimentary mini-bar. You can also get a lei greeting for the whole family when you arrive for your trip away from the everyday world.

<p> Take a four-night cruise on Royal Caribbean’s Navigator of the Seas. The trip from Los Angeles includes two days at sea and a stopover at Ensenada on the Baja peninsula of Mexico. </p> <p> There are plenty of onboard activities for kids as well as adults. You’ll also get a Costco gift card if you book with their travel department. </p><p class=""> <a href="https://financebuzz.com/manage-money-retirement-with-500000?utm_source=msn&utm_medium=feed&synd_slide=13&synd_postid=14183&synd_backlink_title=5+things+you+need+to+know+before+retiring+with+%24500%2C000&synd_backlink_position=10&synd_slug=manage-money-retirement-with-500000">5 things you need to know before retiring with $500,000</a> </p>

Take a four-night cruise on Royal Caribbean’s Navigator of the Seas. The trip from Los Angeles includes two days at sea and a stopover at Ensenada on the Baja peninsula of Mexico.

There are plenty of onboard activities for kids as well as adults. You’ll also get a Costco gift card if you book with their travel department.

5 things you need to know before retiring with $500,000

European cruise

Check out several ports in Italy, France, and Spain with a trip on the Norwegian Epic cruise ship.

The cruise stops in many cities, including Cannes, Barcelona, and Rome. The vacation also includes a Costco gift card if you book with Costco Travel.

Head to Costa Rica and the all-inclusive Westin Reserva Conchal.

If you book through Costco, your stay will include five nights in a deluxe junior suite as well as meals and a kids club for extra fun for your little ones.

Dominican Republic

Another tropical oasis you may want to take the family to is the Dominican Republic.

The Majestic Elegance is an all-inclusive resort on the beach for plenty of fun along with a stocked mini-bar and meals that are all included. You can also get a Costco gift card if you book your trip through Costco Travel.

Bottom line

Take advantage of your Costco membership to get some extra perks on your next trip, especially if you have an Executive Membership.

You can also get more perks and points if you use the best credit cards for Costco when you shop at the warehouse retailer.

And don’t forget to check out Costco for things you might need for your trips like swimsuits, pool toys, or books. You might be surprised what you can find at Costco, especially during the right season.

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A trip to the last Blockbuster on Earth

Visiting the bend, ore., store is like stepping back in time.

BEND, Ore. — My family used to go to Blockbuster every Friday. Walking to the store on 19th Street and First Avenue in Manhattan, we’d wander through the aisles of DVDs, negotiating what to rent for our weekly ritual of making pizzas and watching movies, and I’d try to sweet-talk my way into a Nerds Rope or a box of watermelon Sour Patch Kids.

We cycled through countless discs before my parents signed up for Netflix’s DVD service. Our local store closed in 2010 — the year Blockbuster corporate filed for bankruptcy protection — and less than a decade later, almost all of Blockbuster’s 9,000 stores had followed suit.

These days, there’s only one Blockbuster left on Earth . It’s in Bend, Ore., about 820 miles from my home in Los Angeles.

But I’ve traveled farther for stupider reasons.

So I took a trip to Bend with my partner, Reanna (who loves DVDs even more than I do). Our journey there involved an extensive delay that stretched into 13 hours of travel — via cab, bus, plane and rental car — but it all felt worth it when we caught a glimpse of the glowing yellow Blockbuster sign in the distance.

‘A huge movie town’

Most of the tourism in Bend revolves around the city’s outdoor wonders, attracting people who love hiking, skiing, canoeing and exploring the local terrain.

But the city has always been filled with movie lovers, according to Ken Tisher, who owns the Blockbuster on Revere Avenue with his wife, Debbie.

“For those who don’t know, Bend is a huge movie town,” Ken said in the 2020 documentary “ The Last Blockbuster .”

The Tishers opened their first video rental store as Pacific Video in the early 1990s. With business booming, they launched two more locations, but when Blockbuster moved into town they had one option for survival: They made the store on Revere Ave into a Blockbuster franchise in 2000.

As a chain, Blockbuster peaked in 2004, when there were 9,000 locations worldwide. The company has shut down thousands of locations over the years, making the Bend Blockbuster the last Blockbuster in the United States in 2018 (after two stores in Alaska closed), and the only one in the world by April 2019 (after the second-to-last Blockbuster in a suburb of Perth, Australia, shut down).

Sandi Harding, the general manager of the Bend Blockbuster, has been working there since 2004. She watched the franchise’s decline from the front lines, giving countless interviews and figuring out how to keep the store stocked and relevant.

Since there’s no corporate supplier left, Harding buys candy and snacks in bulk from Costco and has figured out how to print and laminate new membership cards. Most of the DVD vendors that they have worked with have closed over the years, and the ones that are still open have minimum orders that are far too big for her store.

“I can’t afford to purchase movies through them, so I’m back to buying 100 percent of everything at Walmart and Target,” Harding told me.

The staff’s DIY efforts pay off: Harding estimates that they still get 500 to 1,000 customers over the course of a weekend.

“It’s all tourism driven now, where before it was all rental driven,” Harding said. “So it’s totally a different experience.”

The last on Earth

We made it to Bend a little before 7:30 p.m., exhausted but relieved that we didn’t miss our chance to indulge in some retro movie magic. It was a sleepy Sunday evening, so the store was nearly empty.

“The winter months used to be our bread and butter, like, that’s when we were the busiest: when people couldn’t go outside or travel,” Harding said. “Now it’s the opposite, the winter is quiet. So this time of year we get lots of projects done. We all take vacations, and we do things, because the summer is when we’re just crazy busy.”

Most of the store is straight out of the early 2000s: The walls are lined with DVDs and VHS tapes to purchase or rent; the location’s original triangular checkout counter has endured the test of time; and the staffers still wear blue and yellow shirts (though they’re not forced to don the retro polos ).

“The ticket tee that we have out there is the T-shirt we’ve always had here at the store for our employees,” Harding said, referring to the ticket stub design on the shirts that her employees wear. “But on the back of it used to say ‘your ticket to the movies,’ and then it went to ‘last one in America,’ and now it’s ‘last one on the planet.’”

The rentals are still reasonably priced: New releases cost $3.99 and older DVDs are just 99 cents. And these days, nobody complains about late fees.

“Now everybody is like, ‘Aw man, we miss it,’ which is always funny,” Harding said. “You’d be surprised how many people insist on paying their late fees now to support the store.”

Unsurprisingly, rentals and late fees aren’t enough to keep the store afloat. Harding estimates that 80 percent of its business comes from selling merchandise, including T-shirts, hoodies, sweatpants, postcards, keychains and popcorn-scented candles.

Most of that merch is made by local artisans, since Harding wants to support her fellow Oregonians.

“We’re proud of the fact that we’re able to source as much as we can here in town,” she said. “If we can’t have them made in Bend, we buy them through another small business.”

“People come in and see [the merch] and then I remember why we’ve got it, because people smell the candle or they see the T-shirt and they’re like, ‘Oh my gosh, this so brings me back,’” she added.

A blast from the past

As I browsed the aisles of Blockbuster, it felt like I stepped into a memory. The space was still warm and comforting, the snack and drink options were abundant, and the staff clearly had great taste.

There are a few things in the store that bring visitors back to 2024: Some of Russell Crowe’s costumes — passed along from the closed Anchorage store — sit next to a wall of Blockbuster memorabilia and letters that have been sent to the store. A modest living room occupies one corner, reminiscent of the Airbnb experience the store offered in 2020. The checkout counter also has a guest book, so visitors can sign their names and leave sentimental notes.

“I opened up an account the other day for somebody from Seattle, and she was like, ‘We’re on our way home, but we had to stop and rent a movie. I’m going to mail it back to you.’” — Sandi Harding, general manager of the Bend Blockbuster

“We have almost 30 of those little guest books signed,” Harding said. “I’m actually looking forward to the day when I can sit down and just go through them all.”

The store has welcomed visitors from all six habitable continents, and Harding can rattle off plenty of states and countries that people have traveled from. She tries to be as accommodating as possible for those who are passing through town and want the full rental experience.

“I opened up an account the other day for somebody from Seattle, and she was like, ‘We’re on our way home, but we had to stop and rent a movie. I’m going to mail it back to you,’” Harding said. “Sometimes people just do it and walk around outside and put it back in the drop box, just because they want to have that experience of renting the movie and returning it.”

Reanna and I had one night in Bend at an Airbnb with a DVD player , so we took our time perusing the shelves. Instead of doom scrolling through a streaming app on my TV, or trusting an algorithm to pick something out, I looked at a wall of the staff’s Valentine’s Day picks, feeling a kinship with Santana, who recommended the 2018 remake of “A Star is Born,” and Aidan, whose picks included “Moonlight” and “Knocked Up.”

That sense of connection is really what we’re looking for when we visit an old school video store.

“Video stores and movie theaters have always kind of felt like my church,” Jared Rasic, a local critic, said in “The Last Blockbuster” documentary. “They’ve always felt like the place where I go to feel the most like the calm, normal human being that I’ve always wanted to be.”

Reanna and I eventually settled on renting “Gentlemen Broncos,” a sci-fi comedy directed by the man who made “Napoleon Dynamite,” and “Vanilla Sky,” a thriller starring Tom Cruise. After grabbing some merch, a locally brewed Blockbuster beer and a respectable assortment of candy and microwave popcorn, we were ready to check out.

We also got two membership cards along with our wares; small yellow and blue reminders that sit in our wallets and remind us that we might get the chance to go back one day.

Julia Carmel is a Los Angeles-based writer. You can follow them on X: @julcarm .

A photo caption incorrectly said a visitor was from Cambi, Ore. They are from Canby, Ore. This article has been corrected.

Where to go

Our favorite destinations: These 12 destinations are at the top of our wish list for where to go this year, without crowds. In 2023, we explored an Alaskan bear paradise, Brooklyn’s famous pizzerias and a hidden gem in Italy, among other highlights ..

Travel like a local: Residents share their favorite places in our top city guides: New Orleans , Rome , Tokyo and Mexico City .

National parks: This comprehensive guide has details on all 63 U.S. national parks. For a deep dive into five of the most well-known, you can listen to the Field Trip podcast . Then explore tips from locals for visiting Yosemite , Glacier and Everglades .

Tales from the road: Dolly Parton has opened a new resort at her theme park complex in Tennessee, while “Fixer Upper” stars Chip and Joanna Gaines have a new hotel in Waco . Road-trippers may be just as excited to see the cartoon beaver at Buc-ee’s , and bargain-hunters should consider a stop at the Unclaimed Baggage store in Scottsboro, Ala.

A look at the 2024 Top 50 Global Retailers

The Top 50 Global Retailers is a fresh look at the 50 most impactful international retailers based on their operations from the start of 2023.

View the complete Top 50 Global Retailers 2024 list .

The Top 50 Global Retailers of 2023 reflect the economic uncertainties stemming from a potential global recession and disrupted supply chains. These new challenges come on the heels of the difficulties retailers weathered during the pandemic.

Retailers started to reinvest in physical stores and ecommerce integration in 2023, but were saddled with added costs from higher wages, product sourcing and cybersecurity. In many countries, a rise in retail-related crime had moderated by the end of the year.

For most companies in this ranking, retail sales and profits grew even as shoppers changed their work and personal routines and the channels they shopped. China suddenly ended its zero-COVID policy at the end 2022 and started to allow its citizens to travel abroad as 2023 progressed. Retail sales initially surged in China but fell back due to a general slowdown in critical manufacturing sectors. The Top 50 list reflects this dynamic, with all Chinese companies falling a number of places relative to their spots on the 2022 list.

Operational, logistical changes and challenges

Most of the severe limitations on global and regional supply chains eased as 2023 went on. By the end of the year, most areas of the logistics industry had far more capacity than demand, which resulted in significantly lower costs.

For example, the price to ship a 40-foot container from Shanghai to Los Angeles/Long Beach, Calif., went from a historical high of over $20,000 in late 2022 to less than $2,000 by December 2023. Trucking, rail and air all declined as well to pre-2020 rates. Warehousing costs also dropped over the same period as excess inventory from unpredictable fulfillment in 2022 gradually eased.

Even though the Russia-Ukraine war ground on in 2023, most markets had adjusted to shipping and route disruptions. The grain trade from Ukraine was largely restored once routes safe from Russian attacks were established in the Black Sea. The Russian oil trade also continued despite attempts to limit it with international trade rules and sanctions.

However, a new logistics challenge arose when the Israel-Gaza conflict erupted in October 2023 and effectively closed the Red Sea, which came under missile and armed drone attacks from Yemen in support of the Palestinian cause. Excess capacity allowed shipping companies to rapidly reroute vessels around southern Africa, which raised costs going into 2024.

Retail labor remained an issue in 2023 in many countries. However, the major shortages and turnover that were common in 2022 were not as severe in 2023 since new workers and more training re-established this critical workforce.

The exceptions were pharmacists and in-store technicians to the point where over 1,000 drugstores closed in the United States alone. Labor costs continued to rise in 2023, with a number of successful union negotiations and strikes resulting in better pay and benefits. The severe retail labor shortage in most regions impacted not only in-store services (especially pharmacies), but also warehouse management and logistics. The use of self-checkout that had accelerated in 2022 continued to do so in 2023.

Global inflation had moderated in most countries by the end of 2023, but food prices continued to rise, making shoppers more aware of the cost of their overall baskets. Most countries investigated and recommended actions on food prices, including, in a few cases, price freezes and price reversals on key food items. Inflation in other retail channels had less impact on shoppers’ perceptions and decisions.

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Apparel retailers returned to slow growth in most markets with added competition from Chinese online retailers Shein and Temu. Most supply chain issues resolved in 2023 and were less of a planning factor than they were in 2022.

In most countries outside the U.S., Canada and Western Europe, malls and shopping districts returned to the aggressive growth and remodels that were the norm in 2019.

Cybersecurity continues to be a major concern across retail. Internationally, the financial impact appears to be rising, with several large CPG companies and retailers losing up to a full quarter of net margin from attacks that froze systems and disrupted partner integrations. Ransoming data became hackers’ preferred way of getting victims to pay to regain control of their IT environments.

While hackers have redirected their attacks to public institutions and medical facilities, viewing them as soft targets likely to pay more rapidly than those in retail, investments to protect retail from these attacks are draining industry funds.

Methodology

Any comparison of retailers operating in multiple countries is made difficult by currency exchange rates. In addition, retailer rankings are normally created using reported consolidated revenues, which dilute the impact that joint ventures, franchises and marketplaces can have on helping retailers take their operations international. Most retailers generate the bulk of their sales from domestic operations, allowing those with the biggest domestic markets to appear to have the largest international operations, which is not always the case.

Kantar has worked with NRF to produce this ranking of the Top 50 Global Retailers that seeks to maximize discussion, debate, education and exploration opportunities.

Kantar’s ranking methodology uses a system that awards points to retailers based on their domestic and international retail revenues. To qualify for the ranking, retailers need to have a direct investment in at least three countries.

In alignment with Kantar’s Retail IQ methodology, only retail-specific revenues determined ranking points even as the largest global retailers expand outside of retail revenues.

Most retailers in Kantar’s scope of coverage operate in the food, drug and mass merchandise channels. To offer users a robust view of global retail trends, Kantar also covers retail leaders across all channels globally, but not exhaustively.

The top 10 most international

Walmart remains the world’s largest retailer domestically and internationally, with significant commitments to a new online marketplace and fulfillment model. Within the Top 50, Walmart continues to face competition from Amazon, Schwarz Group, Aldi and Costco.

The major Chinese online players Alibaba, Tencent and JD.com still lead retailers in the overall group but have struggled due to changes in China’s regulatory environment that have limited each company’s advantages in financial technology, innovation and logistics.

The Top 10 retailers did not change in 2023 from 2022, and all retained their positions within the Top 10 from 2022. Retailers in the Chinese market that had been the fastest growing before the pandemic have slowed considerably due to the impact of the zero-COVID lockdowns on domestic trade. In addition, their international markets have softened. Government engagement and new regulatory limits on company size and complexity have also impacted their growth.

Alibaba underperformed in 2023 relative to 2019 due to proposed changes in its financial and logistics divisions. JD.com is focusing more on its logistics expertise and has partially backed away from new financial technology. PDD Holdings, on the other hand, successfully expanded to international markets with its Temu ecommerce site. The fast-rising Shein has been disrupting global markets with its low-cost, fast-fashion business model.

Walmart held its position as the largest global retailer despite relatively little store growth. It maintained its ranking with a robust online marketplace and a range of new financial resources for shoppers. These new tools, which have been particularly effective in Mexico and Chile, make online shopping accessible for lower-income shoppers and offer them new ways to manage their budgets.

Walmart’s large retail media platform, Walmart+, has become a predictable income stream that continues to expand outside the U.S. The Mexican and Central American division has returned to 2019 growth levels with over $40 billion in sales. The retailer continues to invest in its membership programs for omnichannel retail and ecommerce infrastructure for continued growth.

Amazon continued to post double-digit growth, though with different strategies than it has followed in the past. Its shift to focusing on profits and limiting some of its more unproductive experiments has resulted in strong net margins. The company’s third-party marketplace fees and requirements have resulted in higher profits — and more scrutiny from the EU and U.S. government on its business practices. Outside the U.S., the company struggled with growth and profits in most markets. The stores division centered its shift to grocery on the 800-store Whole Foods chain, resulting in greater revenue overall, even while a number of underperforming Amazon-bannered stores were closed.

Amazon is expanding its fulfillment and logistics services globally to support its core business and third-party services. Strong results from the AWS cloud group provided a predictable base for capitalization and cash flow while supporting the retail media platform that contributed significantly to the company’s operating margins throughout the year.

3. Schwarz Group

The Schwarz Group had a successful 2023 as Europe’s largest retailer and fourth largest in the world. Its Lidl and Kaufland banners remained strong performers across most value channel formats. Revenue is also increasing at the group’s PreZero environmental division and in the manufacturing group that makes own-label products for its stores.

Schwarz Group has been able to fund store growth while broadening store remodels, online penetration and fulfillment capabilities in its Western European markets. The company is investing in supply chain automation and digitalized operations. The group has evolved its Schwarz Media Platform and StackIT cloud operation that has enabled it to operate a closed-loop, wholly owned infrastructure.

The Aldi organization has a wide geographical reach, especially in Europe, but both the Aldi Süd and Aldi Nord divisions will always look for new markets for international expansion. Aldi’s international growth had been steady in 2023 until it announced the surprising purchase of 400 Winn-Dixie and Harvey’s supermarkets in the southeastern U.S. in August 2023.

Aldi continues to prioritize the U.S., U.K and Australia for investments and innovation. The store assortment is more localized than is typical for a value grocer, while stores remain solely focused on execution as the company invests in better store experiences and online access. As the strongest retailer in Central Europe, Aldi has benefited from predictable markets that fuel further global expansion.

Costco expanded its warehouse format to a range of countries outside the United States in 2023 by appealing to the generally common aspirations and needs of the global middle class. This focus allowed it to execute its product and services model in a standard format while retaining over 90% of members in all countries where it operates.

Costco is now firmly the second-largest retailer in Canada and continues expanding in Europe and the Asia-Pacific region, upsetting stable markets with new shopper expectations for unique products and experiences. In response to members’ needs, Costco has moved cautiously into online sales in most markets. Its low SKU count and product rotation have worked in its favor given international inventory requirements. Costco is reinvesting in services to keep driving member value.

6. Ahold Delhaize

The unified company in the U.S., Ahold of the Netherlands and Delhaize of Belgium, built on the strong performance of remodeled stores across most of its banners, digital tools for shoppers and expanded omnichannel fulfillment capabilities. Merchandising excellence from the European Ahold chain continues to show in department refreshes and messaging. Its value banners have been an integral part of the retailer’s ongoing growth in the U.S. and Europe with an improved in-store experience, stronger shopper messaging and better-integrated loyalty apps.

Ahold Delhaize in Europe continues to leverage best-in-class smaller grocery stores combined with an effective real estate strategy. Own-label improvements were evident in the U.S. with larger assortments in the basket.

7. Carrefour

Carrefour’s growth has shifted from the retailer’s hypermart formats to grocery, online and the “atacado” cash-and-carry format. Latin America has emerged as Carrefour’s largest market, contributing close to 40% of revenue despite sales declines in Brazil due to store closings.

Franchise arrangements have allowed Carrefour to grow in the Middle East and North Africa while maintaining market share in the highly competitive markets of France and Central Europe. Carrefour’s overall European operations are doing well with almost all revenue growth coming from online retail and greater volume from small express pantry stores. Carrefour is also expanding its retail media capabilities in partnership with Publicis Groupe under the name Unlimitail.

8. Seven & I

Seven & I Holdings is facing demographic challenges in its home market of Japan. The majority of Seven & I’s holdings are in the 7-Eleven convenience banner in the U.S. and Japan with franchise holdings in South Asia, Canada and Mexico. Most of the retailer’s 80,000-plus stores are convenience stores located in the U.S. with fuel operations.

In 2023, Seven & I revealed plans to close its 110-store department store chain in Japan; however, it later chose to leave the chain open for another year with the expectation that “retail tourists” will visit Japan now that pandemic lockdowns have lifted. The retailer’s 7Now ecommerce and fulfillment division continues to grow and expand in the U.S. and Japan.

9. The Home Depot

The Home Depot’s stronger-than-expected 2023 built on the solid uplift in home improvement sales during the pandemic. Sales at the largest home improvement retailer in the U.S., Canada and Mexico continued to grow in 2023 thanks to strong pro (contractor) sales in these markets and robust home furnishing and household appliance sales in Mexico.

Partnering and providing dedicated merchandising space to higher-quality tool makers like Milwaukee and Ryobi reinforces The Home Depot’s position as a dedicated source for professionals. The retailer’s loyalty program is well targeted to the business-to-business needs of pro shoppers who drive channel revenue growth and help the retailer capture more of that critical shopper base. The Home Depot is widely regarded as having best-in-class ecommerce and omnichannel integration.

Ikea renewed its store growth in 2023 with 71 new locations as the home furnishings retailer looked to fulfill more at-home needs. In all markets where it operates, Ikea focuses on shoppers in transition: young adults moving into their first apartments, newlyweds, parents and older homeowners transitioning to new housing.

Ikea has been reducing prices in its main product lines through new sourcing and designs. Evaluating its global logistics networks has been part of that effort to ensure lower-cost inventory. New smaller-format stores are opening in a range of urban locations around the world.

Just missing the international cut

Aside from the previously mentioned Chinese retailers, the strength of value retail in multiple markets in 2023 drove changes among the remaining 40 retailers on the Top 50 list .

Vertically integrated apparel companies such as Inditex did well in most markets, though H&M and Fast Retailing fell several positions compared with their 2022 placements.

Shoppers in 2023 repeatedly said they needed more convenience from retailers. Hong Kong-based A.S. Watson, Japan’s FamilyMart and Canada-based Couche-Tard (usually under the Circle K banner) all fulfilled that demand.

In urban markets, small pantry grocery formats operated by Tesco, Auchan, Casino and Spar International did well. All these retailers continued to open stores in existing markets. Jerónimo Martins, known for its discount formats in Colombia and Poland, also expanded its chain of large atacado stores in Colombia.

Walgreens Boots Alliance held its position despite selling its Latin American holdings. Due to their mix of formats, Germany’s Rewe and Japan’s Aeon were able to hold their own in the markets where they compete.

Casino continued to do well in Latin America but still plans to sell most of its assets in that market to support new growth in Europe. Chilean retailer Cencosud did well in 2023 while starting to leverage best-in-class merchandising from its newly acquired U.S. grocer, Fresh Market. Falabella, on the other hand, found its success in Mexico tempered by declining ecommerce and department store chains in Latin America.

All of these retailers have made big investments in omnichannel and integrated financial services across multiple groups. Carrefour Brazil has become the main revenue driver for the overall group after buying a number of chains, including the former Walmart banners. It also entered into a franchise agreement with Sam’s Club in Brazil with over 40 locations.

The consumer electronics business continued to regroup internationally with aggressive promotions in the last quarter of 2023. Apple continued to do well with new product lines. While all experienced small sales drops, Best Buy, Ceconomy and Euronics held their positions in the Top 50.

Based on what Kantar saw at NRF 2024: Retail’s Big Show, expect more digital enablement in stores and more practical uses of RFID. Greater resolution and a broader color palette have improved LED signs and tags to boost engagement. Self-checkout continues to evolve, combining RFID, QR codes and UPC reads along with improvements to visual product recognition. Omnichannel is still a growth area but with more emphasis on store integration and enablement. Labor shortages are an ongoing concern, though the impact has softened and employee retention is improving the store experience in most markets.

In 2024, expect more movement in the retail rankings as the market changes to respond to these realities.

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The Top 50 Global Retailers of 2023 reflect the economic uncertainties stemming from a potential global recession and disrupted supply chains. These new challenges come on the heels of the difficulties retailers weathered during the pandemic. Retailers started to reinvest in physical stores and ecommerce integration in 2023, but were saddled with added costs from higher wages, product sourcing ...
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