NRF Top Retailer List Reveals Brick-And-Mortar Still Dominates
July 2, 2013
Washington — Despite the rise of the digital age, just two online retailers made the National Retail Federation’s STORES magazine’s list of Top 100 Retailers, which revealed online transactions account for less than 15 percent of total retail sales.
While Wal-Mart Stores, Inc. earned the top spot with $467.9 billion in sales in 2012 worldwide, Amazon.com posted a 14.8 percent year-over-year growth rate with $61 billion in sales, according to STORES. Dell Direct was the only other online retailer who made the list.
“Five top 100 large-format value retailers — Wal-Mart (including Sam's Club), Target, Costco, Wholesale, Meijer and BJ’s Wholesale — collectively generate nearly half a trillion dollars in annual sales,” STORES reports. “In contrast, Amazon.com and Dell Direct, the pure e-commerce retailers among the top 100, posted combined U.S. sales of $38.8 billion.”
The magazine credits the continued success of brick-and-mortar stores to convenience, price stability and face-to-face customer service. According to STORES, the top 100 supermarkets averaged $21.2 billion in 2012 sales.
The Kroger Co. fell in second place with $92 billion in annual worldwide sales, followed by Target Brands, Inc., Costco Wholesale Corp., The Home Depot, Inc., Walgreen Co. and CVS Caremark Corp., consecutively.
<< Candy & Snack TODAY Home