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Wal-Mart again reigns as the unchallenged leader among US retailers, accounting for nearly 22% of sales among the top 100 retailers, according a new study issued by the National Retail Federation. Wal-Mart’s 2007 revenue of $379 billion was nearly five times that of second-place Home Depot. The top 100 retailers together accounted for $1.74 trillion in sales in 2007.
Despite the crisis in the housing market, Home Depot retained its No. 2 position, followed by CVS, its acquisition of Caremark shooting it to No. 3, whereas Kroger moved down a notch to No. 4. The top 10 list makes plenty of room for mass merchants: Costco Wholesale is in fifth place, Target is sixth, Sears Holdings (Sears, Kmart, hardware and home furnishings chains) is eighth. Walgreen, though now behind CVS, is seventh, while in tenth place is SUPERVALU and my personal favorite - Starbucks is rated at the 36th spot.
Nontraditional retailers selling digital downloads and personal telecommunications equipment are included in the list for the first time - think Dell (rates #56), Apple/iTunes (rates #52), Verizon (rates #61) and AT&T (rates #81).
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