Headlines

Sears Out at Second – Kroger In

NRF publication ranks the nation's top retailers of 1999

Published

24 years ago

July 10, 2000

admin1

Although Wal-Mart easily retained its 1998 ranking as the nation's largest retailer, a 1999 growth spurt earned Kroger the number two spot on STORES Magazine's (published by the NRF) listing of “The Triversity Top 100 retailers.”

Wal-Mart (Bentonville, Ark.), posted sales of $165 billion. However, the acquisition of several chains (including Fred Meyer and Ralph's), increased the Kroger fleet by 1,200 stores and practically doubled its earnings. The sales volume for the Cincinnati-based company was more than $45 billion, which helped it leap five spots from 1998. Sears dropped to third, followed by Home Depot (fourth) and Albertson's (fifth).

According to the NRF, the industry had a stellar year in 1999, posting sales of almost $3 trillion combined.

Triversity Inc. (Toronto) offers transaction management and customer relationship management solutions for physical and online retailers. For more information visit www.triversity.com.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design