NRF reveals top 100 retailers in the US


July 2, 2020 | By RetailME Bureau

Top 100 retailers

The National Retail Federation (NRF) has revealed a list of top 100 retailers in the US, featuring Walmart, Amazon.com, The Kroger Co., Costco and Walgreens Boots Alliance among the top five.

See the full list here

NRF’s annual report on the top 100 retailers in the US is based on sales for the most recently completed fiscal year. But for some companies, what transpired in 2019 might not hold much significance for 2020 and beyond. For others, the pandemic has accelerated their path.

“Those that were dominant before (the crisis) are seen to be dominant now,” said Tory Gundelach, senior vice president of retail insights at Kantar Consulting. “And the weak are getting weaker.”

Strong operational capabilities and flexibility could see some recovery for retailers for the long haul. These characteristics help define retailers that “can more easily tailor their response to the communities they serve.”

Another plus for returning to business as usual is past “experience operating in other emergencies.” Retailers that came through previous crises like the SARS outbreak in 2002-04, the H1N1 “swine” flu pandemic in 2009-10 or natural disasters such as hurricanes, floods or blizzards have policies and procedures already in place, Gundelach points out.

However, she cautioned that, “This is a really long burn. It’s a long road, a longer game, until 2021-22 and maybe beyond,” referring to the lingering effects of COVID-19 on the economy in general and retailing in particular.

 

For all the latest retail news from the Middle East, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /



Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in 

Continue Reading

October 7, 2024 | By Anurima Das
Naresh Kumar Bhawnani, Founder & Chairman, West Zone Group

“Retail is a people’s business. When building a retail brand or the 

Continue Reading

October 3, 2024 | By RetailME Bureau
Sunil Kumar, CEO, Spinneys

From being one of the first retailers in Dubai to ban single-use 

Continue Reading

October 1, 2024 | By RetailME Bureau
Walid Shabana, Co-founder & CTO, Rabbit

For starters, Rabbit is a growing e-commerce grocery platform in Egypt always 

Continue Reading

September 30, 2024 | By RetailME Bureau
Arunachalam Palaniappan, CTO, Choithrams

In 2024 grocery retail major Choithrams has achieved several milestones underscoring its 

Continue Reading

September 12, 2024 | By RetailME Bureau
#Topshelftalks session at Food Business Forum 2024

Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital 

Continue Reading

July 3, 2024 | By Anurima Das
#EdgeOfTomorrow session at Food Business Forum 2024

The regional grocery retail market is evolving fast keeping pace with constantly 

Continue Reading

July 3, 2024 | By Rupkatha B
#CartToCouch session at Food Business Forum 2024

If anything, the Middle East market is excited about quick commerce – 

Continue Reading

July 2, 2024 | By Rupkatha B
#EcoEchoes session at Food Business Forum 2024

From ethical and local sourcing to adopting cutting-edge technologies to curb food 

Continue Reading

July 2, 2024 | By Rupkatha B
#ByteSizedBreakthroughs session at Food Business Forum 2024

The regional grocery retail market is becoming more and more diverse, offering 

Continue Reading

July 2, 2024 | By Rupkatha B

Spinneys, the leading premium fresh food retailer, has announced the opening of 

Continue Reading

June 24, 2024 | By RetailME Bureau

Spinneys has announced the launch of The Kitchen by Spinneys, its first-ever 

Continue Reading

May 20, 2024 | By RetailME Bureau




Download Images RetailME Magazine