NRF Top 100 Retailers list sees boost in home goods
July 3, 2013-- Home Textiles Today,
Washington D.C. - National Retail Federation's publishing group, Stores Media, has released its 2013 Top 100 Retailers list, and the top players list looks almost exactly like it did a year ago - with nine of the top 10 retailers maintaining their status from 2012.
The most noticeable change came in the form of home goods sector. The three home furnishings companies on the list climbed from their position last year. Williams-Sonoma landed at 91 this year, up from 94 last year; Ikea North America came in right behind at 92, up from 95; and Bed Bath & Beyond, which reported more than $10.9 billion in sales in 2012, landed at 36 - up from 39 last year.
Stores Magazine said this shift was largely due to an improving housing market, encouraging consumers to "come out of hibernation" and begin again "sprucing up their homes or buying for their new homes."
The annual ranking of U.S. retailers by domestic sales was compiled by Kantar Retail and sponsored by Island Pacific and Kronos.
"The evolution of consumer expectations, the emergence of new business models and the proliferation of new technology have set retailers on a course of reinvention," said Susan Reda, editor, Stores Media.
Wal-Mart remains at the top of the list, raking in $328.7 billion in 2012; Kroger, reporting more than $92 billion in sales in 2012, maintained the No. 2 spot for the fourth consecutive year.
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 e-tailers on the Top 100 list, jumped from 15 to 11.
Related Content By Author
Day Two from Intertextile Shanghai