Focus on New Ways of Shopping Keeps Biggest Retailers Big, According to STORES Magazine Top 100 List
26 Juni 2017 - 05:37PM
Business Wire
The nation’s largest retailers have held onto their top spots by
focusing on value and embracing new ways consumers are shopping,
according to the annual Top 100 Retailers list released today by
the National Retail Federation’s STORES Magazine and Kantar
Retail.
“Retailers will always be measured by sales numbers, and ranking
the leaders is important,” STORES Media Editor Susan Reda said.
“But so are the stories behind the numbers — it’s those stories
that bring the Top 100 to life. The nation’s largest retailers are
posting strong vitals. They’re embracing creative disruption,
reinventing physical stores as places for brand experiences and
exploring new ways to connect with the consumer.”
All of the Top 10 stores in the Top 100 list published in the
July issue of STORES are the same as last year, and the order of
the top four remains the same: perpetual No. 1 Walmart followed by
Kroger, Costco and The Home Depot.
“At 55 years old, Walmart may be the oldest new kid on the
block, but it still has the energy and mindset of a startup as it
continues to successfully battle the competition,” Reda said.
Coming in at No. 5 is CVS Caremark, moving up from No. 7 last
year, followed by No. 6 Walgreens Boots Alliance (down from No. 5),
No. 7 Amazon (up from No. 8), No. 8 Target (down from No. 6), No. 9
Lowe’s (up from No. 10) and No. 10 Albertsons (down from No.
9).
All but Target showed sales growth, with Amazon’s rise
attributed to investments in apparel, groceries and mass market.
Poised to possibly move into the Top 10 in the future was Royal
Ahold Delhaize USA, which rose to the No. 11 spot from No. 17 after
spending nearly three years upgrading its stores.
Other noticeable changes included the success of dollar stores,
where revenues have grown drastically over the last year. Dollar
General (previously No. 22) edged into the Top 20 for the first
time after seeing an 8.5 percent increase in revenue.
“This year’s Top 100 manifests a number of trends we see across
the industry,” Kantar Retail Chief Insights Officer Leon Nicholas
said. “Multi-format retailers are powering growth, online is
ascendant and aggregation by traditional channel definitions
doesn’t provide the same scale advantages it once did.”
For in-depth analysis on retail power players and notable trends
with the nation’s largest retail companies, read the complete
article on NRF.com.
Rank
ThisYear/LastYear
Store
2016 U.S.Sales
PercentageSalesGrowth2016-2015
1/1
Walmart Stores
$362.8 Billion 2.7 2/2
The Kroger Co. $110.2
Billion 6.1 3/3 Costco
$85.7 Billion 2.7 4/4
The Home Depot $85
Billion 7.3 5/7 CVS
Caremark $81.4 Billion 13
6/5 Walgreens Boots Alliance
$79.2 Billion 3.5 7/8
Amazon.com $77 Billion
24.6 8/6 Target
$69.4 Billion -5.9 9/10
Lowe’s Companies $60.4 Billion
5 10/9 Albertsons Companies
$58.6 Billion 0.1
About the Survey
The STORES Top 100 Retailers are listed by U.S. sales, which may
include estimates for private or closely held companies. Retailers
included in the Top 100 either have group headquarters located in
the United States or are foreign entities with significant
operations in the U.S. market. For retailers with group
headquarters located overseas, data is presented for North American
operations only. Revenues from major non-retail operating segments
are excluded where data availability allows.
About Kantar Retail
We are the retail and shopper specialists. We help you sell more
effectively and profitably. We are part of Kantar (kantar.com), the
data investment management division of WPP (wpp.com) and one of the
world’s leading insight, information and consultancy groups. Kantar
Retail works with leading branded manufacturers and retailers to
transform the purchase behavior of consumers and shoppers through
the use of retail and shopper insights, purchase data tools and
analytics, consulting solutions and retail virtual reality
services. To learn more, visit us at kantarretail.com and download
Kantar Retail’s Breakthrough Insights for a selection of our most
impactful reports, forecasts and thought leadership.
About NRF
NRF is the world’s largest retail trade association,
representing discount and department stores, home goods and
specialty stores, Main Street merchants, grocers, wholesalers,
chain restaurants and internet retailers from the United States and
more than 45 countries. Retail is the nation’s largest private
sector employer, supporting one in four U.S. jobs — 42 million
working Americans. Contributing $2.6 trillion to annual GDP, retail
is a daily barometer for the nation’s economy.
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list
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version on businesswire.com: http://www.businesswire.com/news/home/20170626005875/en/
National Retail FederationAna Serafin Smith,
855-NRF-PRESSpress@nrf.com