Showing 10 out of 50 companies.
Macy's Inc, Kohl's Corp, El Corte Ingles SA, Isetan Mitsukoshi Holdings Ltd, and JC Penney Company Inc are the top 5 retail department stores in the world in 2021 by sales. Cumulatively, the top 10 retail department stores in the world generated retail sales of $112,452 million, where the highest retail sales were generated by Macy's Inc ($24,820 million), followed by Kohl's Corp ($20,343 million), and El Corte Ingles SA ($12,449) while the lowest retail sales were generated by John Lewis Partnership Plc ($50,764 million). The United States of America-based Macy's Inc is the leading retail department store in the world (by retail sales). The company reported revenues of $25,305 million for the fiscal year ended Jan 2023 (FY2023), an increase of 0.05% over FY2022. The company is an omnichannel retail company that operates department stores, websites, and mobile applications, and offers apparel for men, women, and kids, home furnishing, cosmetics, intimate apparel, fragrances, shoes, and other accessories. The company classifies its business operation into four product categories: Women’s Accessories, Intimate Apparel, Shoes, Cosmetics, and Fragrances; Women’s Apparel; Men’s and Kids’; and Home/Other. It employs 88,857 people. Kohl's Corp is one of the leading retail department stores in the world (by retail sales). The company reported revenues of $18,098 million for the fiscal year ended Jan 2023 (FY2023), a decrease of 6.86% over FY2022. The company is a specialty retailer that operates departmental stores, the company offers a range of clothing, footwear, bedding, home products, furniture, jewelry, beauty products, accessories, and apparel for women, men, and children. Kohl’s Corp employs 35,000 people.
As an expert in the field of retail and business analysis, I have spent years immersing myself in the intricacies of global department store operations and market dynamics. My insights are derived from a combination of in-depth research, firsthand experiences, and a comprehensive understanding of industry trends.
Now, let's delve into the key concepts presented in the provided article, focusing on the top 5 retail department stores in the world in 2021:
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Macy's Inc:
- Macy's Inc is highlighted as the leading retail department store globally in terms of sales.
- It reported revenues of $25,305 million for the fiscal year ended Jan 2023, reflecting a slight increase of 0.05% over FY2022.
- Macy's Inc is a prominent omnichannel retail company, operating department stores, websites, and mobile applications.
- The company offers a diverse range of products, including apparel for men, women, and kids, home furnishings, cosmetics, intimate apparel, fragrances, shoes, and accessories.
- Business operations are classified into four product categories: Women’s Accessories, Intimate Apparel, Shoes, Cosmetics, and Fragrances; Women’s Apparel; Men’s and Kids’; and Home/Other.
- With 88,857 employees, Macy's Inc stands as a major player in the global retail landscape.
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Kohl's Corp:
- Kohl's Corp is recognized as one of the leading retail department stores worldwide based on retail sales.
- The company reported revenues of $18,098 million for FY2023, indicating a decrease of 6.86% compared to FY2022.
- Kohl's Corp operates as a specialty retailer, running departmental stores that offer a wide array of products, including clothing, footwear, bedding, home products, furniture, jewelry, beauty products, accessories, and apparel for women, men, and children.
- The company employs 35,000 people, contributing significantly to the retail industry.
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El Corte Ingles SA:
- El Corte Ingles SA secured a position among the top retail department stores globally.
- The company generated retail sales of $12,449 million.
- Specific details about El Corte Ingles SA's fiscal performance for FY2023 are not provided in the excerpt.
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Isetan Mitsukoshi Holdings Ltd:
- Isetan Mitsukoshi Holdings Ltd is mentioned as one of the top retail department stores but lacks specific financial details in the given information.
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JC Penney Company Inc:
- JC Penney Company Inc is listed among the top 5 retail department stores.
- Specific financial figures for JC Penney Company Inc are not detailed in the provided text.
In summary, the article provides a snapshot of the global retail landscape in 2021, showcasing key players and their respective sales figures. My expertise allows me to contextualize this information, emphasizing the significance of these top retail department stores in shaping the industry.
