TrendsJul 26, 2024
Piece of the Week: Bea Bongiasca’s ‘Double Loop’ EarringsCommemorate “brat summer” with these green hoops.
MajorsAug 17, 2018
These Are the Fastest-Growing Retailers in the US
They top the “Hot 100 Retailers” list, compiled annually by Stores magazine and Kantar Consulting.
Amazon.com ranked No. 4 on the Stores magazine “Hot 100 Retailers” list, with 45 percent growth year-over-year due in part to the addition of physical stores, including the Whole Foods grocery store chain and more Amazon grocery and book stores (pictured here).
Washington—A Dublin, Ireland-based fast fashion company was the fastest-growing retailer in the United States last year, according to the annual list published by Stores magazine.
The “Hot 100 Retailers” ranks both public and privately held companies by percentage of U.S. sales growth between 2016 and 2017. Companies’ sales must total at least $300 million a year to be considered for inclusion.
It is compiled for Stores magazine, the publication of the National Retail Federation, by Kantar Consulting.
Coming in at No. 1 this year was U.K. clothing and accessories retailer Primark, which sells trendy, cheap clothing and accessories (think Forever 21, H&M, Zara, etc.) and opened its first U.S. stores in 2015. According to Kantar/Stores, the retailer’s annual sales grew 103 percent year-over-year to $489 million in 2017.
At No. 2 was Bass Pro Shops (94 percent sales growth to $7.3 billion), followed by home improvement and appliance retailer Build.com (47 percent sales growth to $1.3 billion), list mainstay Amazon.com (45 percent growth to $103 billion) and, at No. 5, online home goods retailer Wayfair (36 percent sales growth to $4.1 billion).
Commenting on the list, Stores Media Editor Susan Reda said strong consumer confidence and high job growth—two of the factors that led the NRF to raise its retail growth forecast for the year—have consumers spending more on home buying, home improvement and travel. This is, in part, why Build.com and Wayfair were in the top five.
The Hot 100 also represents a compendium of the retailers with the best strategies for growth in the omnichannel climate, said Bryan Gildenberg, Kantar’s chief knowledge officer.
“This year, the classic ‘four Ps’ of marketing have become the ‘four Ss’—the Hot 100 use speed, seamlessness, specialization and scale by acquisition as their core platforms of growth,” he said.
Rounding out the top 10 were the following.
6. Handbag retailer Tapestry (owns the Kate Spade, Stuart Weitzman and Coach brands, formerly Coach Inc.), 33 percent sales growth
7. PetSmart, 28 percent sales growth, buoyed by the acquisition of Chewy.com
8. Discount retailer Five Below, 28 percent sales growth
9. Ulta Salon, 28 percent sales growth
10. Pet Retail Brands, 27 percent sales growth
(While some retailers above show the exact same percentage of growth, percentages have been rounded. The rankings are based on exact percentages.)
The list also recognizes what it calls “sustained sizzlers,” retailers that have been on the list each year since it
was first published in 2006. This year, there were five: Amazon.com, Tractor Supply Co., Ross Stores, Dick’s Sporting Goods and O’Reilly Auto Parts.
The entire “Hot 100 Retailers” list was published in the August issue of Stores magazine and is available on the Stores website.
The magazine story analyzing the list is also available on Stores.org.
The entire “Hot 100 Retailers” list was published in the August issue of Stores magazine and is available on the Stores website.
The magazine story analyzing the list is also available on Stores.org.
More on Majors
The Latest
EditorsJul 26, 2024
Out & About: A Dispatch from the Nation’s Smallest StateEditor-in-Chief Michelle Graff returns from Rhode Island with thoughts about in-store shopping and a trends report.
Supplier BulletinJul 25, 2024
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionSponsored by Gemological Institute of America
Brought to you by
The End of an Era? Lab-Grown Diamonds' Journey Towards Price StabilityAs the demand for lab-grown diamond jewelry may still be increasing, the most notable change we are likely to see is price stabilization.
TechnologyJul 25, 2024
Amazon, BBB Sue Website Allegedly Peddling Fake Reviews They claim ReviewServiceUSA.com was selling both positive and negative reviews of products and businesses.
Weekly QuizJul 25, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
SourcingJul 25, 2024
De Beers’ H1 Revenue Falls 21% in ‘Weak’ MarketLab-grown diamond sales in the United States and ongoing economic challenges in China are impacting natural diamond demand.
IndependentsJul 25, 2024
Store Designer Ruth Mellergaard DiesA longtime member of IJO, she’s remembered for her passion for design, learning, and environmentalism.
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionGIA®’s most advanced microscope has new features to optimize greater precision and comfort.
FinancialsJul 25, 2024
Boucheron, Pomellato Post Double-Digit Growth in Q2 The gains come amid a tough time for parent company Kering, which saw sales slide 11 percent in the first half of the year.
FinancialsJul 24, 2024
LVMH’s First-Half Jewelry, Watch Sales Dip 5%Tiffany & Co. is focusing on its “iconic” collections while the company has made changes at the top at TAG Heuer and Hublot.
MajorsJul 24, 2024
See Chaumet’s Paris Olympic Medals Inspired by its High JewelryThe Parisian brand is the first jewelry company in the history of the Olympic and Paralympic Games to design the medals.
MajorsJul 24, 2024
Jewelers Mutual Acquires Pawnbroker Insurance ProviderUnion Life & Casualty will join JM Insurance Agency Partners, expanding the provider’s pawnbroker coverage.
MajorsJul 24, 2024
Ben Bridge Announces 2024 Lonia Tate Scholarship WinnerLos Angeles-based Bradlei Smith was selected for this year’s award.
ColumnistsJul 23, 2024
Peter Smith: The Case for Optimism in Sales In his latest column, Smith shares multiple reasons why people who look at the glass as being hall full often make better salespeople.
SourcingJul 23, 2024
De Beers’ Production Drops 15% in Q2The company also reported the $150 million sale of an iron ore royalty right, part of its ongoing effort to divest “non-core” assets.
IndependentsJul 23, 2024
Long’s Jewelers Is Giving Away a Luxury Cape Cod VacationThe giveaway is part of the New England jeweler’s summer bridal event.
CollectionsJul 23, 2024
Guzema Debuts ‘Flower Power’ CampaignThe ad features three celebrity florists creating floral sculptures while wearing jewelry by Guzema.
Policies & IssuesJul 23, 2024
Diamonds Do Good Announces Its 2024 Entrepreneurship Grant WinnersThe grant provided a total of $100,000 to support 13 entrepreneurs from diamond communities in Africa and India.
CrimeJul 22, 2024
Florida Jeweler Shot, Killed Following Argument With CustomerGhazi Michel Osta, or “Gus,” was killed Friday by an 83-year-old man said to be a frequent customer at his store, Volusia Gold & Diamond.
Policies & IssuesJul 22, 2024
JVC’s Elyssa Jenkins-Pérez Joins RJCThe organization also announced Effie Marinos as its new specialist advisor for technical standards, as well as four other appointments.
SourcingJul 22, 2024
AWDC Names Karen Rentmeesters as CEORentmeesters has served as interim CEO since April following former CEO Ari Epstein’s resignation.
IndependentsJul 19, 2024
Longtime D.C. Jeweler Brian Mann Dies at 70Mann, whose family’s jewelry store was located inside the Pentagon, is remembered for being a thoughtful champion of the industry.
IndependentsJul 19, 2024
The 1916 Company Opens New Tudor BoutiqueThe 500-square-foot boutique is located in Denver’s Cherry Creek Shopping Center.
CollectionsJul 19, 2024
Piece of the Week: Messika’s ‘So Move Max’ NecklaceDance all night long with the “So Move Max” set’s necklace.
WatchesJul 18, 2024
TAG Heuer, Hublot Will Have New CEOs Luxury giant LVMH is reshuffling the leadership in its watches division.
MajorsJul 18, 2024
New Etsy Campaign Prioritizes Creators Amid BacklashSellers and shoppers have spoken out against a rise in mass-produced merchandise on the platform meant to highlight handmade goods.
MajorsJul 18, 2024
Swarovski Names Ariana Grande as Its New Brand AmbassadorThe celebrity will star in Swarovski’s holiday campaign.
