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Top 5 Retailers by 2026 Predicted in New Report

Costco is expected to grow its market share and become the third-largest retailer in the U.S.

Published

3 years ago

June 2, 2022

VMSD Staff

Top 5 Retailers by 2026 Predicted in New Report — Photo credit: andykatz/iStock

Photo credit: andykatz/iStock

A new report projects who will become the top five U.S. retailers by 2026, with Amazon expected to overtake Walmart and hold nearly 15% of the nation’s retail market share by then.

From Edge by Ascential, the report says that e-commerce “will continue to be the largest driver of retail growth in the U.S.” and will top $1 trillion by the end of 2022. E-commerce is expected to account for 30.5% of total U.S. retail sales by 2026, up from 24.6% in 2021.

The “2022 United States Retail Landscape and Go-to-Market Planning Report” predicts that, by 2024, Amazon will surpass Walmart as the nation’s largest retailer. By 2026, Amazon is expected to hold 14.9% of U.S. retail market share, with Walmart holding 12.7%.

Costco will grow its share from 3.8% to 4.4% and ascend to the No. 3 position within the next four years, the report forecasts. Home Depot will become the fourth-largest retailer, with a market share increase from 3.7% in 2021 to 3.9% in 2026. The Kroger Co. rounds out the top five.

The report was created with data from Edge by Ascential’s analytics tools. More insights from the report, including a breakdown of growth in online grocery sales, can be found here.

Related Topics:Amazon Costco featured Home Depot The Kroger Co.Walmart

VMSD Staff

Drawing on more than 125 years of history serving the retail design market, VMSD magazine provides retail professionals with the most up-to-date, innovative retail design ideas and industry news through its industry-leading magazine, website, social media channels and bulletins.

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