Overstock is the fastest-growing retailer within the U.S. and leads the Nationwide Retail Federation’s 2024 Sizzling 25 Retailers Listing.
The listing, complied by Kantar, a advertising knowledge, perception and consultancy agency, highlights the quickest rising retailers with rankings decided by every firm’s year-over-year enhance in home gross sales from 2022 to 2023, based on a press launch.
Schwarz Group ranked second and moved up two spots from fourth place final yr. The opposite three are Quick Retailing, Irish multinational quick trend retailer Primark Shops and Aldi.
“This yr’s Sizzling 25 Listing is brimming with a big selection of shops that has seen vital development,” David Marcotte, senior vp at Kantar, stated within the launch. “We’re seeing many newcomers to the listing, alongside returning retailers which have efficiently tapped into shopper wants and wishes.”
Lululemon jumped from No. 24 final yr to No. 6 and H.E. Butt Grocery jumped from No. 25 to No. 13 with 12.7% gross sales development final yr.
“This yr, we observe a resurgence of shops that had subtly declined in earlier years however have gained regular traction with new buyer bases,” Mark Mathews, govt director of analysis at NRF, stated within the launch. “The gross sales numbers point out a gentle enhance for these prime 25 retailers, pushed partly by their profitable adaptation to buyer wants, leading to constructive development.”
Newcomers to the listing this yr embody: Abercrombie & Fitch (No. 7), 5 Under (No. 8), Ollie’s Discount Outlet (No. 10), Chevron Texaco (No. 11), Daiso Sangyo (No. 14), Burlington (No. 16), Cencosud (No. 18), Inditex (No. 21) and Protection Commissary Company (No. 25).
To study extra in regards to the Sizzling 25 Retailers and see the methodology, learn the NRF weblog submit.
