Wal-Mart the Largest Retailer

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Wal-Mart the Largest Retailer

07/06/2001
Wal-Mart Stores Inc. retained its position as the largest U.S. retailer in terms of annual sales, while convenience store and supermarket retailer Hutchinson, Kan.-based Kroger Co. stayed in the number-two spot. Home improvement giant Home Depot Inc. bumped Sears, Roebuck and Co. to take the third, an annual survey by the National Retail Federation and technology company Triversity Inc. reported.

Kroger operates more than 800 convenience stores in the Midwest under brands such as Tom Thumb, Turkey Hill Minit Markets and Kwik Shop.

Retail industry sales as a whole in 2000 rose to $3.4 trillion, up 7.1 percent from 1999, according to the survey of the top 100 retailers compiled by Triversity Inc.

Discounter Kmart Corp. is the nation's fifth largest retailer, followed in descending order by grocery store chain Albertson's Inc., Target Corp., J.C. Penney Co. Inc., Costco Wholesale Corp. and grocer Safeway Inc.

The nation's top 10 retailers had total sales of $536 billion in 2000, or more than half the total sales of the top 100 retailers. Wal-Mart alone had 2000 sales of $193.3 billion.