Home / Knowledge / News / Apparel/Garments / First timer H&M joins 'Hot 100' US retailers at eight spot
First timer H&M joins 'Hot 100' US retailers at eight spot
03
Aug '13
The list of the fastest-growing retailers this year tells a story of consumers’ growing affinity for fast-fashion, specialty grocery items and apparel.

STORES Hot 100 Retailers list, published annually in the August issue of STORES magazine, consists of retail companies that reported the greatest increase in domestic sales between 2011 and 2012. All public and private companies with more than $300 million in sales were eligible for the list, which was compiled by Kantar Retail.

“With the worst of the recession behind us, retail has dramatically changed the way it responds to customers’ complex needs and wants,” said STORES Media Editor Susan Reda. “Today’s fastest-growing companies recognize shoppers’ desire for a relevant and personalized shopping experience and deliver products that speak to their unique sensibilities when it comes to lifestyle and fashion.”

Jacksonville, Fla.-based Bi-Lo tops the list following the acquisition of the remnants of the Winn-Dixie chain in 2011. Indicative of a condensing grocery market and a growth in specialty grocery stores, Sprouts Farmers Market (3) and The Fresh Market (10) also placed in the top 10 this year.

With plans to increase its store footprint in China and the United States in the coming years and with a full e-commerce launch imminent, No. 8 H&M joined the Hot 100 list for the first time. Sales at U.S. stores increased 20.7 percent from 2011, and the number of operating domestic stores increased 15.5 percent during that time as well.

Specialty apparel continues to heat up in the retail industry. With revenue increasing 63.2 percent from 2011, Michael Kors comes in at No. 2, up one spot from last year. lululemon athletica (4) and Under Armour (5), also known for their loyal fan bases and unique product offerings, mostly maintained their spots in the top 10 from last year.


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Top executives
Textile industry

The foremost issue is bridging the skill gap

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search