The top 100 of the biggest US retailers have held on to their spots by focusing on value and embracing new ways consumers are shopping.
The country’s largest retailers are posting strong vitals. They’re embracing creative disruption, reinventing physical stores as places for brand experiences and exploring new ways to connect with the consumer. The top four are Walmart followed by Kroger, Costco and The Home Depot. Amazon is at number seven. Amazon’s rise is attributed to investments in apparel, groceries and the mass market.
The top 100 retailers are listed by US sales, which may include estimates for private or closely held companies.
Multi-format retailers are powering growth, online is ascendant and aggregation by traditional channel definitions doesn’t provide the same scale advantages it once did. However US brick-and-mortar retailers are bleeding badly. E-commerce is gobbling up a growing share of sales, store productivity has dwindled.
In just the first three months of 2017, the US retail industry lost some 60,000 jobs.
Brands recognize that if customers want a no-fuss transaction they usually can get that online. More and more are experimenting with different types of in-store experiences, or working to integrate their digital and physical operations in innovative ways.