Updated July 18, 2012UPDATE: Click here for the 2012 Largest U.S. Retail Companies List >> The 2011 Global Powers of Retailing Report is based on FY 2009 revenue figures, and consequently, the rankings of global retailers tell the story of the effect of the global recession and their ability to respond to it. Many dramatic ranking shifts in the U.S. retail industry are a reflection of shifting consumer preferences, but a few standout retail companies demonstrated that good retailing can transcend any economic conditions.
Costco (COST) moved up to the #7 position, rising above Home Depot in the rankings. Dollar Tree (DLTR) and Ross Stores (ROST) are two other discount stores that consumers helped to push up in the global retailing ranks.
In contrast, the Gap (GPS), Blockbuster (BBI), Borders (BGP), Neiman Marcus, and Williams-Sonoma (WSM), and Abercrombie & Fitch (ANF) all dropped significantly in the global retail rankings after being temporarily or permanently shunned by U.S. consumers. Abercrombie & Fitch in particular paid a high price for its refusal to acknowledge the severity of the recession and adjust pricing to meet the needs of its customers. Obviously it cost Abercrombie & Fitch revenue, but there's no telling how much the stubborn stance of CEO Mike Jeffries cost the company in terms of customer loyalty.
But despite all external pressures, three retailers proved that good retailing can transcend just about economic environment. Amazon (AMZN), Apple (AAPL), and Barnes & Noble (BKS) displaced a good number of global retailers and rose significantly in the global retail ranks in this newest Global Powers report. Expanding in the midst of recession was no small feat, but innovation, customer service, and cutting edge technology led these three retail chains to recession success.
What follows is a complete list of the U.S. retail chains that were included on the 2011 Global Powers world's largest global retailers list. The number in the left column is the global ranking number assigned to the company, based on its sales figures, compared to other top retail organizations worldwide.
See also... What is the Largest Single Retail Store in the World? >>
Retail Companies Based in the U.S. Ranked Among the 250 Largest Retailers In the World:
- Home Depot Mission Statement, Founders & Headquarters
- Career Path of Frank Blake, Home Depot CEO
- Home Depot on the Fortune 500
- Target Careers and Succession Planning
- Gift Return Worst Practices - Target
- Target Mission, Founders & Headquarters
- Career Path of Robert Ulrich, Target CEO
- 2010 Walgreens Store Openings
- Walgreens Named as One of the Best Companies to Launch a Retail Career
- Same Store Sales Roundup - Walgreens 2010 Comps
17 Best Buy
21 Sears Holdings
31 Rite Aid
45 JC Penney
54 H.E. Butt Grocery Company
59 The Gap
63 Toys 'R Us
- Dell's Mission Statement, History and Trivia
- Dell on the Best Healthcare Programs List
- Customer Service Champs 2010 - Dell
- Dell on the World's Largest Retailers List
- World's Most Admired Retailers - Dell
84 BJ's Wholesale Club
97 The Great Atlantic & Pacific Tea Company
>> See the rest of the Largest U.S. Retail Chains list >>
World's Largest Retailers - Arranged by Store Type:
- Hypermarkets - World's Largest Chains
- Supermarkets - Which Chains Are Feeding the Most Worldwide
- Discount Stores - The Largest Low Priced Chains