Amazon, Kroger, Walgreens and Costco also hold on to their Top 10 positions.
NORTH AMERICA–Walmart, Kroger, CVS, Amazon, Target and more have held on to their top spots on the annual Top 100 U.S. Retailers list, released by the National Retail Federation’s Stores magazine and Kantar Retail.
The Top 10 stores from last year’s Top 100 remain the same this year, and the order of the top four remains the same: Walmart, Kroger, Costco and Home Depot. Coming in at No. 5 is CVS Caremark (moving up from No. 7 last year), followed by Walgreens Boots Alliance (down from No. 5), Amazon (up from No. 8), Target (down from No. 6), Lowe’s (up from No. 10) and Albertsons (down from No. 9).
All of the Top 10 Retailers posted sales growth in 2016, excluding Target which saw a decline in GAAP earnings per share. Amazon, the list’s top e-commerce retailer, also posted gains in 2016, which it attributed to its investments in apparel, groceries and mass market.
All of the Top 10 Retailers (excluding Target) posted sales growth in 2016, which Amazon, the list’s top e-commerce retailer, attributed to its investments in apparel, groceries and mass market.
Additionally, food retailer Royal Ahold Delhaize USA rose to the No. 11 spot from No. 17 after upgrading its stores for nearly three years.
Other highlights from the Top 100 Retailers list include the success of dollar stores, which saw revenues grow drastically over the last year. Dollar General (previously No. 22) moved into the Top 20 for the first time after reporting an 8.5 percent increase in revenue.
“This year’s Top 100 manifests a number of trends we see across the industry,” says Leon Nicholas, chief insights officer, Kantar Retail. “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.”