Tuesday, July 9, 2013

Brick-and-mortar retailers display staying power on 2013 Top 100 Retailers list

This is an excerpt from a post on mhi.org about STORES’ 2013 “Top 100 Retailers” list. The full article is available on the MHI news webpage.

Wal-Mart remains at the top of the STORES’ 2013 Top 100 Retailers list, raking in $328.7 billion in 201. Kroger, reporting more than $92 billion in sales in 2012, maintained the No. 2 spot for the fourth year in a row.

Costco (4), The Home Depot (5) and Safeway (9) each moved up a single spot, and McDonald’s (10) joined the top 10 list for the first time in the survey’s history, reporting more than $35.5 billion in sales in 2012.

Target (3), CVS Caremark (7) and Lowe’s (8) round out the top 10, and Amazon.com, one of only two pure-play retailers on the Top 100 list, jumped from No. 15 to No. 11 this year.


Growth in Home Goods Sector Shows Consumer Resilience

An area of note in this year’s report is the growth seen in the home goods sector. Of the three companies who made the list, each climbed from last year’s position. Thanks to an improving housing market, consumers have come out of hibernation and have begun sprucing up their homes or buying for their new homes. Williams-Sonoma landed at No. 91 this year, up from No. 94 last year, and IKEA North America came in right behind at No. 92, up from No. 95. Bed Bath & Beyond reported more than $10.9 billion in sales in 2012 and landed at No. 36, up from No. 39 last year.

Continue reading the full article on the MHI news webpage.

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