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Many retailers have difficulties and many of them even close their stores – but that 's not because Americans do not like to shop. In fact, overall consumer spending is rising. Americans just like to shop in a comfortable format, any time of the day.
And some retailers seem to have discovered the key to attracting their customers. These physical retailers and their online e-commerce platforms have consistently reported sales growth.
Some have been successful because they understand the current consumer preferences and lifestyle trends. The natural grocers of Vitamin Cottage and Sprouts Farmer Market fill their shelves with natural and organic grocery products that appeal to the current health of organic products and foods containing less additives.
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Others, like Lululemon Athletica, have not started a rising trend, but instead have created a brand new one. Before Lululemon, the wear was boring; Now, exercise enthusiasts can wear 'leisure-hobbies' outfits while toning their bodies.
The names on this list include pillars that everyone will recognize. Apple and Costco are now pillars in the retail sector. Although the company does not have a store, Coty cosmetics can be found at all retail locations.
For now, these retailers seem to have countered the headwinds in the retail business by continuing to capture the imagination (and dollars) of consumers. Let's see if they can continue to succeed.
24/7 Wall St. has identified publicly traded companies with the strongest annual growth in sales starting in fiscal 2018. We only considered companies with sales growth in the first quarter of the year. less 5% during the 2017 fiscal year.
Costco (Photo: NoDerog / Getty Images)
20. Costco
• Sales growth 2017-2018: 9.7%
• 2017 business figure: 129.03 billion dollars
• 2018 business figure: 141.58 billion dollars
• Headquarter: Issaquah, Washington
• Number of locations: 770
When Price Club merged with Costco in 1993, the merged company pushed the concept of membership warehouse to a higher level. Costco's latest financial results prove that consumers do not hesitate to pay a membership fee if they can get branded products at great prices. The company currently employs 245,000 workers.
19. Natural Grocers by Vitamin Cottage
• Sales growth 2017-2018: 10.4%
• 2017 business figure: $ 769.03 million
• 2018 business figure: $ 849.04 million
• Headquarter: Lakewood, Colorado
• Number of locations: 152
When Margaret and Philip Isely founded Natural Grocers of Vitamin Cottages in 1955, the general public did not know much about organic foods. But a disease that occurred after the birth of her second child forced Margaret to learn everything about good nutrition and natural foods. From there, Margaret and Philip began to educate the public about healthy eating and quickly opened stores. Today, the Isely family still oversees a grocery store empire that sells products without preservatives, artificial colors or hydrogenated oils. All products in the chain are certified organic by the USDA.
18. Guess Inc.
• Sales growth 2017-2018: 10.4%
• 2017 business figure: $ 2.36 billion
• 2018 business figure: $ 2.61 billion
• Headquarter: Los Angeles
• Number of locations: 1,161
Renowned for its youthful and forward-thinking appeal, Guess, Inc., a maker of jeans since 1981, has become a lifestyle brand in its own right, offering handbags, clothing, shoes, watches, and of course, jeans. The retailer continues its tradition of targeting a younger audience with a summer advertising campaign showing models during a road trip through the desert.
17. Skechers USA
• Sales growth 2017-2018: 11.5%
• 2017 business figure: $ 4.16 billion
• 2018 business figure: $ 4.64 billion
• Headquarter: Manhattan Beach, California
• Number of locations: 3000
What began as a lumberjack manufacturer in 1992 became a big shoe company offering shoes for all genders and all ages. In the first quarter of this year, the company recorded record sales of $ 1.28 billion.
16. Sprouts Farmers Market
• Sales growth 2017-2018: 11.6%
• 2017 business figure: $ 4.66 billion
• 2018 business figure: $ 5.20 billion
• Headquarter: Phoenix
• Number of locations: More than 300 stores in 22 states
Launched in 2002, the Sprouts Farmers Market has quickly become one of the public's favorite natural and organic foods stores. Today, the chain manages more than 300 stores and employs 30,000 people. The store's format includes fresh produce, prepared entrees, a butcher shop, a fish market and a vitamin supplement department. The company continues its expansion, announcing in April the opening of 13 new stories in the second half of 2019 in Florida, Maryland, North Carolina, Virginia, Arizona and California, bringing its chain to 340 stories in 22 states.
15. Casey General Stores
• Sales growth 2017-2018: 11.8%
• 2017 business figure: $ 7.51 billion
• 2018 business figure: $ 8.39 billion
• Headquarter: Ankeny, Iowa
• Number of locations: 2000+
Since opening its first store in 1968 in Boone, Iowa, Casey's General Stores has become a company that operates 2,123 branches in the Midwest, of which more than half are located in areas of 5,000 or fewer inhabitants. The stores are set up as self-service gas stations, attached to convenience stores, full of foods such as pizzas and sandwiches, as well as many grocery items. In March, Casey's General Stores acquired Fantasy's Convenience Stores and Ride the Wave Car Washes in the metropolitan area of Omaha, Nebraska. According to the company, it is now the fourth largest chain of convenience stores in the United States and the fifth largest chain of pizzas. The chain currently employs more than 35,000 people.
14. MarineMax
• Sales growth 2017-2018: 11.9%
• 2017 business figure: $ 1.05 billion
• 2018 business figure: $ 1.18 billion
• Headquarter: Clearwater, Florida
• Number of locations: 67
By selling new and used recreational yachts and pleasure boats, MarineMax has just finalized the acquisition of Sail & Ski Center, allowing it to gain a foothold in the Austin and San Antonia markets. Texas. In 2018, Sail & Ski featured in a list of the top 10 North American dealers in a sector publication. In addition to its retail sales, MarineMax also serves as a broker and charter service provider. In the second quarter, the company recorded a turnover of $ 303.6 million, up 11.9% over the same quarter of the previous year.
13. Aaron
• Sales growth 2017-2018: 13.2%
• 2017 business figure: $ 3.38 billion
• 2018 business figure: $ 3.82 billion
• Headquarter: Atlanta
• Number of locations: 1,599
If consumers can rent cars, why not furniture? This is the founding principle of Aaron, who has built a large chain of stores offering both sales contracts and rental contracts for furniture, consumer electronics, home appliances and furniture. # 39; home appliances and other home accessories. Launched in 1955, Aaron's became a publicly traded company in 1982. Like all retailers today, it also has an online presence, Aarons.com. The company announced that during the first quarter, it had closed 85 corporate stores while acquiring four franchise stores. The company employs 11,800 people.
12. Ulta Beauty
• Sales growth 2017-2018: 14.1%
• 2017 business figure: $ 5.88 billion
• 2018 business figure: $ 6.72 billion
• Headquarter: Bolingbrook, Illinois
• Number of locations: 1,174 shops
In addition to 25,000 beauty products, including its own label, Ulta Beauty offers the services of a salon full of hair and skin care on site. Given the growth in sales, customers are rushing fast.
11. apple
• Sales growth 2017-2018: 15.9%
• 2017 business figure: $ 229.23 billion
• 2018 business figure: $ 265.60 billion
• Headquarter: Cupertino, California
• Number of locations: 506
Most Americans have been touched by an Apple product in one way or another, whether it's their personal or business computer, their smartphone, their streaming music service, or their watch. When the company announces a new product, it is usually the news that makes the headlines that have repercussions in the world of technology. But even this tech giant realized that it was about good customer service. Its retail stores are now in the corridors of shopping malls in the United States, where Apple enthusiasts can repair their equipment and learn more about Apple products. For all its products, the iPhone seems to be the best-selling Apple.
10. The Sherwin-Williams Society
• Sales growth 2017-2018: 17.0%
• 2017 business figure: $ 14.98 billion
• 2018 business figure: $ 17.53 billion
• Headquarter: Cleveland
• Number of locations: 4,900+
Anyone who has ever painted his home, or even just a wall, has probably brushed one of Sherwin-Williams paint products. Homeowners and contractors are not the only ones buying Sherwin-Williams paint; industrial and transportation companies also use the company's products.
9. Callaway Golf
• Sales growth 2017-2018: 18.5%
• 2017 business figure: $ 1.05 billion
• 2018 business figure: $ 1.24 billion
• Headquarter: Carlsbad, California
• Number of locations: N / A
Founded in 1982, Callaway Golf develops and sells top quality golf equipment and accessories, including its Odyssey putter, ranked best seller in the sport. But this is not the only putter offered by the company. In 2016, Callaway bought the Toulon Design putter. The popularity of golf has certainly boosted net sales.
8. Duluth Trading Co.
• Sales growth 2017-2018: 20.5%
• 2017 business figure: $ 471.45 million
• 2018 business figure: $ 568.10 million
• Headquarter: Mount Horeb, Wisconsin
• Number of locations: 51
Just as Lululemon Athletica has revolutionized the wear and tear of training, Duluth Trading Co. aims to make workwear functional and comfortable. The company has recorded net sales growth for 36 quarters through 2018. However, the company does not want to rely on its success. In the coming year, he wants to strengthen his omnichannel e-commerce platform.
7. Coty
• Sales growth 2017-2018: 22.8%
• 2017 business figure: $ 7.65 billion
• 2018 business figure: $ 9.40 billion
• Headquarter: New York
• Number of locations: N / A
With a stable of 75 well-known brands like Cover Girl, Max Factor and Clairol, Coty is virtually synonymous with cosmetics and fragrances. François Coty founded his eponymous company in 1904. During its 115 years of history, the company has developed to become a real business that today employs 20,000 people in 46 country.
6. floor and decor
• Sales growth 2017-2018: 23.5%
• 2017 business figure: $ 1.38 billion
• 2018 business figure: $ 1.70 billion
• Headquarter: Atlanta
• Number of locations: 100
Launched 19 years ago, Floor & Decor attracts DIY enthusiasts who want to change the look of their floors. The chain warehouse type stores, with an area of 75,000 square feet, are replete with tiling, wood flooring, laminates and natural stone options.
5. Lululemon Athletica
• Sales growth 2017-2018: 24.1%
• 2017 business figure: $ 2.65 billion
• 2018 business figure: $ 3.288 billion
• Headquarter: Vancouver, Canada
• Number of locations: 406
Workout clothes once meant jogging pants and a thick sweatshirt. Everything changed in 2005, when Lululemon Athletica inspired the trend of "ath-leisure" clothing with its elegant and avant-garde yoga, running and training outfits, comfortable enough to make Exercise, but also quite pleasant to wear for the grocery store. In April, the company launched a growth strategy aimed at penetrating new markets, such as China. double the revenue from its men's sales; and create a more integrated customer experience in its stores.
4. Amazon.com
• Sales growth 2017-2018: 30.9%
• 2017 business figure: $ 177.87 billion
• 2018 business figure: $ 232.88 billion
• Headquarter: Seattle
• Number of locations: 600
Whether we like it or hate it, Amazon has completely upset and altered the retail landscape with its plethora of products (from groceries to apparel to the l & # 39; 39; electronics), affordable prices and prompt delivery. While critics lament its impact on traditional retailers, consumers do not seem to have enough, as evidenced by the ever-growing business of the e-commerce giant.
3. Etsy
• Sales growth 2017-2018: 36.9%
• 2017 business figure: $ 441.23 million
• 2018 business figure: $ 604.00 million
• Headquarter: Brooklyn, New York
• Number of locations: N / A
Siding on the trend of peer-to-peer e-commerce, Etsy brings people together on its platform – people who want to sell their creative products and those who want to buy unique items. Currently, the retailer has nearly 40 million active buyers who consult 2.1 million sellers. Gross merchandise sales increased from $ 3.2 billion in 2017 to $ 3.93 billion in 2018.
2. Wayfair
• Sales growth 2017-2018: 43.6%
• 2017 business figure: $ 4.72 billion
• 2018 business figure: $ 6.79 billion
• Headquarter: Boston
• Number of locations: N / A
Wayfair, which offers home items from more than 11,000 suppliers, addresses women aged 35 to 65 and has an annual household income between $ 50,000 and $ 250,000. These targeted customers have money to spend on decorating their home, but do not necessarily want to browse a brick and mortar store to find the unique furniture that they desire. Apparently, they find what they want in Wayfair.
1. Gaia Inc.
• Sales growth 2017-2018: 55.0%
• 2017 business figure: $ 28.29 million
• 2018 business figure: $ 43.84 million
• Headquarter: Louisville, Colorado
• Number of locations: N / A
On Gaia, subscribers can download more than 8,000 videos on yoga, meditation, deep space or alternative healing. People seem to be hungry for this kind of videos, that they look at home. Gaia's net business turnover rose 55.0% in 2018 to reach $ 43.8 million, up from $ 28.4 million in 2017. The largest increase was achieved in the figure. net business from streaming.
Read or share this story: https://www.usatoday.com/story/money/2019/05/15/the-worlds-20-fastest-growing-retailers/39468945/
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