nrf top 100 retail list 2022 assignment - miller

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Iowa State University *

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Industrial Engineering

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Jan 9, 2024

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AMD 376: NRF Top 100 Retailers 2023 List Discussion Questions NAME: Sam Miller 1. Using the National Federation’s Top 100 Retailers 2023 List ( https://nrf.com/research-insights/top-retailers/ top-100- retailers/top-100-retailers-2023-list ) , answer the following: How many Iowa-based retail firms are in the Top 100? _0_(list number) Name the firm(s) and list their 2022 Retail Sales (be sure to indicate if it is in millions or billions, etc.) None 2. Using information from the NRF Top 100 Retailers 2023 List (see link above), complete the table below: Top 10 Retailers Industry Sector 2022 Worldw ide Retail Sales $ 2022 U.S. Retail Sales $ U.S. Sales Growth % [Change in Revenue: (TY – LY)/LY (2022 – 2021)/ 2021] 2022 U.S. Stor es U.S. Store Growth % (2022 vs 2021) 1 Wal-Mart Full Line Discount Store Chain $600.94 (billion) $499.65 (billio n) 7.80% 5,330 0.10% 2 Amazon.co m Broadline Internet Retailer $343.33 B $232.4 6 B 6.70% 558 0.20% 3 Costco Wholesale Corp. Warehouse Wholesale Club $217.53 B $164.15 B 16.90% 574 2.50% 4 The Home Depot Home Improvement $155.42 B $145.94 B 4.30% 1,994 0.10% 5 The Kroger Co. Supermarket Chain $147.62 B $147.62 B 7.50% 2.85 6 -0.50%
6 Walgreens Boots Alliance Drug Store Chain $116.10 B $103.91 B -2.70% 8,78 5 -0.90% 7 Target Corp. Full Line Discount Store $107.59 B $107.59 B 2.80% 1,948 1.10% 8 CVS Health Corp. Drug Store Chain $106.59 B $106.18 B 6.50% 9,27 8 -2.70% 9 Lowe’s Companies, Inc. Home Improvement $93.61 B $89.28 B 1.80% 1,738 0.10% 10 Albertsons Companies Supermarket Chain $76.15 B $76.15 B 6.00% 2,27 0 -1.20% 4. List the retailer from the Top 10 listed in the chart above that is the top performer in terms of U.S. Sales Growth % from TY to LY? Why do you think this retailer is the top performer? Use critical thinking and additional research to formulate your response: Costco has been getting more popular due to social media. A lot of people post cool or rare finds from costco that you cant find at other stores and so people will buy memberships to go in and see what products that costco has to offer. A lot of people shop there cause they get things they cant get other places or because they can get a variety of things all in one place. 5. When comparing 2022 Store Count to 2021 Store Count for each of the top 10 retailers, which retailer had the greatest increase in U.S. Store Growth? Why do you think that is? Use critical thinking and additional research to formulate your response: Do you anticipate this retailer to continue this amount of growth in the future? Why or why not? Costco, I say its Costco because they sell things in bulk but they also have products that their competitors do not have which gives them a
huge advantage. They also require a membership to shop there which is extra income already and this intrigues customers to want to go in. People will travel long distances in order to shop at costco. I do anticipate that they will continue to grow. From what i have seen on social media, anytime a new store location is announced people get very excited. Or if someone posts something that they got at costco you will see people in the comments say they are jealous and wish that they lived near a costco.
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