Home / Knowledge / News / Apparel/Garments / Amazon ranks 9th among America's Top 100 largest retailers
Amazon ranks 9th among America's Top 100 largest retailers
04
Jul '14
For the first time since STORES Media began reporting on the Top 100 largest retailers in America, Amazon.com has joined the ranks of the 10 largest companies, rising to No. 9 from 11 last year. Amazon’s domestic sales increased 27.2 percent between 2012 and 2013. The annual ranking of U.S. retailers by domestic sales, featured in the July issue of STORES Magazine was compiled by Kantar Retail and sponsored by Island Pacific and NEC.
 
“Amazon is spreading its roots beyond its core of online retail, yet the impact this Seattle-based behemoth has had on the changing face of retail is unmistakable. Breaking into the top ten is an impressive feat that speaks to Amazon.com’s growth,” said STORES Editor Susan Reda. “Notable as that is, brick and mortar retailers are keeping pace by continuously reinventing themselves to better serve today’s anytime, anywhere shopper.”  
 
Wal-Mart once again takes the top spot with U.S. sales of $334 billion in 2013. Kroger held on to the number two ranking for the fifth year in a row, with reported domestic sales of more than $93 billion.
 
Costco (3) and Target (4) swapped spots this year, as Costco saw domestic sales increase 5.2 percent , while Target’s sales  decreased 0.9 percent Between 2012 and 2013.  Home Depot (5), Walgreen (6), CVS Caremark (7), and Lowe’s (8) each maintained their spots on the list. Safeway rounds out the list at the No. 10 spot this year.
 
Other noticeable changes in the list include IKEA North America’s jump from 95 to 88 on domestic sales growth of 6.8 percent. Boise, Idaho-based Albertsons climbed from 96 to 21 as a result of a merger with Safeway. Earlier this year Cerberus Capital Management agreed to buy Safeway for $9 billion, and the Albertsons-Safeway combination will create a company with more than 2,400 stores, 27 distribution facilities and 20 manufacturing plants.
 
"Amazon’s rise into the top 10 is symbolic of a shift in U.S. retail towards a genuinely multichannel future," said Kantar Retail Chief Knowledge Officer Bryan Gildenberg. "Retailers that command the Top 100 in the future will have an in-depth knowledge of their shoppers across their physical and digital touchpoints, and they'll all have to fend off Amazon’s game changing economic and operating model".
 

NRF


Must ReadView All

Courtesy: VF Corporation

Apparel/Garments | On 5th May 2016

VF Corp’s Q1 2016 revenue up 2% to $2.8 billion

VF Corporation reported a rise of 2 per cent in its total revenue to...

Textiles | On 5th May 2016

Brazilian cotton prices rise nearly 10% in April

Firm demand, decrease in supply from important cotton growing...

Apparel/Garments | On 5th May 2016

Kishore Biyani named Future Retail’s vice-chairman

Future Retail has appointed its Independent Director VK Chopra as...

Interviews View All

Stephan Hohmann
HANRO

What are the major changing trends in the global fashion market and the...

Peter Manns
Coats Southern Africa

How is the market for sewing threads faring in South Africa and how will...

Ratul Kashyap
BS Overseas

What are the major challenges faced by the companies with global...

Sanjay Gupta
Garware-Wall Ropes Ltd

Sanjay Gupta is a Chemical Engineer (IIT Kanpur) and CFA and PGDFA (ICFAI, ...

Dr MP Agarwal
Shri Lakshmi Cotsyn Ltd

Dr MP Agarwal is the Chairman & Managing Director of Shri Lakshmi Cotysn...

A. B. Telasang
Gherzi Eastern Limited

A. B. Telasang ,M-Tech in Textiles from VJTI Mumbai has 11 years of rich...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
April 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


feedback
We would love to hear from you about your experience using the new interface. A quick review of yours would help us give you a better experience.
Advanced Search