Ranked leader Walmart generated more than $430 billion in annual sales.
The NFR (National Retail Federation) company annually sums up the work of large retailers, ranking them by sales volumes for the previous year. In the 2021 ranking, there were no particular shocks and movements, despite the fact that the previous months were a difficult test for retail.
Tops the top 100 of 2021 walmart, becoming a stable industry leader - the hypermarket chain was in first place last year as well. Total sales for the company in the US for 2020 was $430.8 billion.
The company is in second place in the ranking. Amazon with a more modest figure of $187.3 billion, and the third is The Kroger, who managed to show sales volumes of $131.6 billion. The top five also includes The Home Depot and Costco Wholesale.
In connection with the pandemic, many retailers not only did not suffer, but, on the contrary, showed growing results for 2020. First of all, this applies to retailers selling food and essential goods. Six of the top 20 places belong to such companies and their sales growth for 2020 is expressed in double digits.
However, for a number of retailers, the quarantine period was a strong blow, in such a category as department store chains there was a strong shock from which not all companies will be able to recover. In particular, TJX Companies, JC Penney, Nordstrom and Macy's decreased their positions in the rating by about 30%. Also, sellers of office and elegant clothes, cosmetics and everything that has become irrelevant for quarantine buyers have also reduced their performance. So sales of Sephora fell by 15 percent. But sellers of comfortable clothes for the home, furniture and interior items have managed to take advantage of the growing interest of buyers, for example, Lululemon increased its performance by almost 20%.
The creators of the rating note that the winners were those retailers who, back in 2018-2019, began to invest in the development of their online infrastructure. At the time, investing in online shopping and pickup tools seemed like a waste of money, but during the pandemic, such investments paid off in full.