United States: favorite retail stores 2020 | Statista (2024)

FAQs

How many retail stores are there in the US in 2020? ›

According to the Bureau of Labor Statistics, as of Q3 2020, there were 1,045,422 retail establishments in the United States, up 4,801 versus Q2 2020, representing the highest Q3 establishment count in the last decade.

As of November 2020, both Target and Walmart were the preferred retail stores in the United States: about one in five consumers in the country stated that Target was their favorite, while another 20 percent selected Walmart as their preferred retail option. Other major chains included Macy's, Sears, and Nordstrom.

The latest data from the National Retail Federation shows that Walmart continues to lead as the top US retailer.

Dollar General operates the most stores in the United States, with 17,348 currently in operation.

There are 63,348 supermarkets and grocery stores in the United States.

A majority of American consumers visit Walmart in a given month. Walmart is by far the largest retailer in the United States and the world.

What is the biggest store in the United States? ›

Macy's Herald Square is the largest department store in the US, with 1.25 million square feet of retail space across 12 floors. The department store moved to this location, which is an entire city block, in 1902, according to Macy's Inc.

Perhaps unsurprisingly, the largest players are Amazon.com, Inc. (NASDAQ:AMZN), CVS Health Corporation (NYSE:CVS), and Walmart Inc. (NYSE:WMT). We conducted thorough research to pick the biggest retail companies in the world and then ranked them by their latest twelve month revenue.

According to the latest figures from the National Retail Federation, Harbor Freight Tools tops the list of the fastest-growing retailers in the US. The study analyzes the performances of retailers who brought in at least $300 million in sales and compares their total domestic sales in 2021 against their 2020 figures.

Walmart, formerly known as Wal-Mart Stores, Inc., is one of the most well-known and valuable brands in the world. Walmart generates revenue through retail, wholesale, membership club, and online product sales.

Largest Food Retailers Research Summary

The largest food retailer in the world is Walmart, with a revenue of $573 billion and a net income of $13.94 billion.

In fact, Walmart is the king of them all - the continent's No. 1 food and grocery retailer by a long shot, recording sales almost three times higher than those of the highest ranked conventional grocery chain (Kroger).

Aldi has more than 1,800 stores in 35 states and is focused on growing in the Midwest, the Mid-Atlantic, Florida and California. It's on track to become America's third largest supermarket chain behind Walmart and Kroger, with 2,500 stores by the end of 2022.

For more than two decades, Walmart has topped the list of the world's Top 250 global retailers. The company's retail sales increased by 1.9% year over year in FY2019, fuelled primarily by increases in comparable stores sales in the US.

What store has the most chains? ›

More than half of U.S. consumers prefer to shop in-store. More than half of all U.S. consumers would rather shop in-store than by any other method.

Apple (AAPL) has the most successful retail stores by a wide margin. According to RetailSails, a retail and consumer goods consulting firm, the tech giant's 372 worldwide locations sold goods at a rate of more than $6,000 per square foot of floor space in the past 12 months.

The top retailer, based on sales per square foot, is Apple , CoStar found. This might not come as a surprise for many, considering the hefty price tags on many of the technology company's products, which range from MacBooks, to iPad devices to the Apple Watch. Apple does $5,546 in sales per square foot.

According to Guinness World Records, Irving Berlin's "White Christmas" (1942) as performed by Bing Crosby is the best-selling single worldwide, with estimated sales of over 50 million copies.

25 by Adele is the fastest-selling album of all time in the US with 3,378,000 copies sold in its first seven days.

The National Retail Federation has released its annual Top 100 Retailers list, and Walmart remains in the leading spot, complete with 6.6 percent sales growth between 2020 and 2021 (and U.S. retail sales of $459.51 billion).

Who is the most trusted retailer? ›

Of all 700 ranked companies, the retail category topped the list with 61 brands making the cut. In the top five spots are Amazon, Chewy, Barnes & Noble, United Natural Foods, and Costco.

Kishore Biyani pioneered the retail revolution in the country. He built his business based on the consumerism that was about to unfold in the post-liberalisation country, leveraged on it and got benefited from it.

1 Nishiyama Onsen Keiunkan, Japan

As previously mentioned, Japan is home to some of the world's oldest businesses, like Nishiyama Onsen Keiunkan, established in 705.

Largest U.S. grocers by market share, 2022

Walmart is the most popular grocery store chain nationwide, with 25.2% of the market share as of last year. Costco and Kroger are the second- and third-most-popular grocers, with 7.1% and 5.6% of the market share, respectively.

If you're wondering how small the smallest shop in North America is, the answer is 44 square feet and you can find it in the lobby of a 120-year-old heritage building on St.

Arnold Constable was the first American department store. It was founded in 1825 as a small dry goods store on Pine Street in New York City. In 1857 the store moved into a five-story white marble dry goods palace known as the Marble House.

Amazon will once again hold first place by a wide margin in 2023, with 37.6% of US retail ecommerce sales compared with the 6.4% of No. 2 Walmart Inc.

Amazon.com is leading the global e-commerce market, with a revenue of US$131,019 million in 2021 worldwide, followed by jd.com with US$118,515 million.

What retail stores are growing? ›

Q. Which Indian company is the second fastest-growing retailer in the world, as per the 2022 Deloitte report? Notes: Reliance Retail is the second fastest-growing retailer in the world, according to the 2022 Deloitte report, 'Global Powers of Retailing.

According to the Bureau of Labor Statistics, as of Q3 2020, there were 1,045,422 retail establishments in the United States, up 4,801 versus Q2 2020, representing the highest Q3 establishment count in the last decade.

JAN. 13, 2022 — Retail sales (NAICS 44-45) for the nation increased 3.1% from $5,402.3 billion in 2019 to $5,570.4 billion in 2020, according to new estimates from the U.S. Census Bureau's 2020 Annual Retail Trade Survey (ARTS).

How many retail stores are there in the U.S.? There are 1,045,422 brick-and-mortar retail stores across the U.S. Furthermore, there are also 1.8 million online retailers that operate in the U.S. (25% of online retailers across the world).

In 2020, there were a total of 1.04 million retail establishments throughout the United States, a number which has remained stable in the past years. The chains with the most stores in the United States were Dollar General and Dollar Tree.

What was the retail growth or decline in the United States in 2020? ›

US retail sales during the COVID-19 pandemic

For instance, total retail sales in the first quarter of 2020 fell by 1.6%. It continued to fall by 4.2% in the second quarter, which was the biggest dip since the financial crisis in 2008.

DEC. 15, 2022 ― Retail sales (NAICS 44-45) for the nation increased 17.1%, from $5,572.0 billion in 2020 to $6,522.6 billion in 2021, according to new estimates from the U.S. Census Bureau's 2021 Annual Retail Trade Survey (ARTS).

Retail companies sell a huge variety of products and services to consumers. They conduct their sales at brick-and-mortar locations and/or online. Retail sales are part of consumer spending. The biggest retail company, with TTM revenue of $600.1 billion, is Walmart.

The overwhelming majority of retailers are small businesses, with more than 98 percent of all retail companies employing fewer than 50 people.

As a slice of the economy, independent grocers represented 1.2% of the 2020 U.S. gross domestic product of $20.93 trillion, with a total output topping $255 billion, NGA reported. The sector encompasses 21,574 stores nationwide.

The US clothing store industry includes more than 95,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $190 billion.

Largest U.S. grocers by market share, 2022

Walmart is the most popular grocery store chain nationwide, with 25.2% of the market share as of last year.

US Retail Trade Inventory/Sales Ratio is at a current level of 1.23, up from 1.22 last month and up from 1.16 one year ago. This is a change of 0.82% from last month and 6.03% from one year ago.

Who is the largest retail in the world? ›

The industry's total GDP impact was $3.9 trillion, accounting for 18.7 percent of US GDP in 2018.