Top 100 Retailers 2022 List (2024)

FAQs

Who is the #1 retailer? ›

The biggest retail company, with TTM revenue of $600.1 billion, is Walmart.

According to the latest figures from the National Retail Federation, Harbor Freight Tools tops the list of the fastest-growing retailers in the US. The study analyzes the performances of retailers who brought in at least $300 million in sales and compares their total domestic sales in 2021 against their 2020 figures.

For more than two decades, Walmart has topped the list of the world's Top 250 global retailers. The company's retail sales increased by 1.9% year over year in FY2019, fuelled primarily by increases in comparable stores sales in the US.

The most trusted home retail brands, in order, were Home Depot, Lowes, Costco, Ace Hardware, Bed Bath & Beyond, Target, Best Buy, Walmart, Sams Club, and Kmart. See the table for trust scores and ratings from the 2020 study.

What is the most popular store in America? ›

Dollar General operates the most stores in the United States, with 17,348 currently in operation.

Customer is king – the first rule of retailing.

A retail strategy is the process you use to develop your products or services and sell them to customers. There are multiple elements to this plan, including location, store, merchandise/assortment, visual merchandising, staff, service, mass media and communications, and price.

However, some tips on how to make your retail business successful include developing a strong marketing strategy, offering competitive prices, providing excellent customer service, and maintaining a clean and organized store.

Walmart had the highest (5.68) score in a ranking of customer loyalty across big-box,grocery, QSR, apparel and department stores by consumer intelligence company InMarket.

Walmart is owned majorly by the Walton family as well as institutional shareholders. The company's origin traces back to Sam Walton, so it's not so surprising that his descendants are the major owners of Walmart. The company's board comprises independent directors, Walmart executives, and members of the Walton family.

The top three global retailers all held on to their spots: Walmart is number one, with US $559.15 billion in retail revenue, followed by Amazon (US$213.57 billion), and Costco ($166.76 billion).

What store makes the most money in USA? ›

Q. Which Indian company is the second fastest-growing retailer in the world, as per the 2022 Deloitte report? Notes: Reliance Retail is the second fastest-growing retailer in the world, according to the 2022 Deloitte report, 'Global Powers of Retailing.

The Fast Retailing Group is a global developer of fashion brands including UNIQLO, GU, and Theory that achieved consolidated annual sales of ¥2.3011 trillion for the year ended August 2022 (FY2022). The Group's pillar UNIQLO operation boasts 2,394 stores worldwide and FY2022 sales of ¥1.9290 trillion.

As of June 2022, Amazon accounted for 37.8 percent of the U.S. e-commerce market, making it by far the leading online retailer the country. Second place was occupied by the e-commerce site of retail chain Walmart, with a 6.3 percent market share, followed in third place by Apple, with 3.9 percent.

Based on these metrics, activewear brand lululemon is the world's fastest growing retail brand for the second year running.

What is the most trusted brand in the US? ›

America's most trusted brands in 2022

A recent study of the most trusted brands in America puts Band-Aid in first place, with a net trust score of 57.73.

Walmart was the leading retailer based on U.S. retail sales in 2020.

Aldi ranks as the most popular grocery store, with a popularity score of 65%, according to market research and data analytics firm YouGov, which polled consumers during the fourth quarter of 2022.

This ranking depicts the leading 100 American retailers in 2021, based on U.S. retail sales. Once again, Walmart was the leading American retailer. That year, the company accounted for retail sales of about 460 billion U.S. dollars. Walmart was founded by Samuel Moore Walton (1918-1992) in 1962.

Three seconds. That's all the time your product has to grab the attention of a busy shopper racing down the aisle. In that brief moment, your target consumer must be able to instantly understand exactly what your product is, what it does, how it's different and most importantly, WHY they should buy it.

The four gold standards of retail marketing are product, price, place, and promotion.

The rule of three for goal setting: Set goals that are (1) realistic (2) attainable and (3) measurable. People without goals drift aimlessly through life. Don't confuse goals with dreams. Goals will bring your life's energy into focus.

What are the 7 P's in the retail strategy? ›

These seven are: product, price, promotion, place, packaging, positioning and people.

CUSTOMER EXPERIENCE & SERVICE

Good display of products / merchandise in a creative and eye catchy manner. A pleasant smell. A neat and clean washroom. Well themed and designed interiors do matter.

The building blocks of an effective marketing strategy include the 6 P's of marketing: product, price, place, promotion, people, and presentation.

"Retail has high fixed costs, high working capital intensity, fickle customers, low barriers to entry," they wrote, calling the sector a case study for the worst-possible business.

Retail success today and going forward is dependent on customer focus—how well the retailer serves each and every shopper. Retailers can shift from a product focus to a customer focus by asking several key questions from the perspective of the customer, and then answering them.

In 2021, 66 percent of the sales it generated worldwide came from the US. After Amazon, the third-biggest retailer in the US is Costco Wholesale. The company's US sales surged 15.8 percent year-over-year to $140.41 billion in 2021⁠—the biggest increase out of the ten largest retailers in the US.

Key Takeaways

Amazon is the world's largest online retailer and is rapidly growing its footprint in other areas such as physical retail stores, subscription services, and web services. Amazon's retail store rivals include Target, Walmart, Best Buy, and Costco.

Kishore Biyani pioneered the retail revolution in the country. He built his business based on the consumerism that was about to unfold in the post-liberalisation country, leveraged on it and got benefited from it.

On a strictly retail revenue basis, Walmart is much bigger than Amazon with retail revenue of $600 billion versus AMZN's $280 billion. Including Amazon's non-retail business, Walmart is still the larger of the two in revenue $600 billion to Amazon's $502 billion.

Is Amazon a top 100 company? ›

Fortune announced its 2023 list of the World's Most Admired companies, and Amazon ranks No. 2 for the seventh year in a row.

When asking “who is Amazon's biggest competitor,” the most common answer is Walmart. Walmart has over 10 thousand stores worldwide. Walmart is also a new entrant to eCommerce, with the fast-growing Walmart Marketplace platform. Walmart also competes with Amazon in logistics, offering WFS (Walmart Fulfillment Services).

Costco is the sixth-largest retailer in the world and the third-biggest in the US, behind Walmart and Amazon.

Store Leaders are employees in a company's retail outlet. They manage everything related to the store. Store leaders manage the store's employees. They are directly involved in hiring, training, and even firing employees. Store Leaders oversee the store's performance.

Fast Retailing Co., Ltd. In addition to its primary subsidiary Uniqlo, it owns several other brands, including J Brand, Comptoir des Cotonniers, GU, Princesse Tam-Tam, and Theory.

Retail Week is the trading name of William Reed Ltd, a company registered in England and Wales with company number 2883992.