Certainly, 2020 saw major transformation of the the retail landscape in The United States of America. Indeed, coronavirus played an important role in accelerating online shopping. Consequently, the 2021 top United States retailers highlight companies that leverage their capacities to meet the moment. Actually, most retailers managed to take advantage of the new technology advancements. For instance, toucheless techonologies, digital payment systems and curbside pick-ups during the pick of the sanitary crisis. Certaintly,most of those innovations are here to stay.
The National Retail Federation (NRF), the world’s largest retail trade association releases every year its annual industry power ranking. Surely, the pandemic impacted this year’s ranking with the explosion of online shopping. For instance, we saw top retailers realizing 3 years’ worth of total sales in one year. Nevertheless, Walmart still dominates the American retail market by a wide margin. Consequently, The United States top 2021 most prolific retail companies look as follow:
United States Top 2021 Retailers List
|Rank||Company||2020 USA retail sales (billions)|
|3||The Kroger Co.||$131.57|
|4||The Home Depot||$121.26|
|6||Walgreens Boots Alliance||$104.70|
|8||CVS Health Corporation||$89.53|
In addition, the following article gives you a complete listing of 2021 top 100 retailers.
However, it would be interesting to see how the retail landscape dominance will evolve after the pandemic. Though, quarterly two financials reporting provided some indications as shoppers’ preferences shift toward curbside pick-ups. Notably, for grocery retail.
Yet, this portrays what is knowns as the consistent decline of in-store foot traffic. Even though, some small numbers of retailers have managed to actually increase their foot traffic in recent years. Effectively, that was made possible by consolidation
Still, companies that dominate the list are those with strong flexibilities. In addtion to a solid customer base, and well-rounded operational capabilities.
Nevertheless, regulatarory pressures and demands from retail workers for better wages are one of the biggest challenges facing the industry.
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