Fastest Growing Retail Chains
A new survey, The STORES Hot 100 Retailers List, sponsored by Kronos, SAP and Waste Management, was recently highlighted in an article by Kathy Grannis for National Retail Federation. The list is the definitive annual ranking of the fastest-growing retail chains in the United States, published in the August issue of the magazine each year.
The ten top-ranked retailers, determined by year-over-year domestic sales between 2010 and 2011 are as follows:
#1 Sprouts Farmers Market
#2 Verizon Wireless
#3 Michael Kors Holdings
#4 Lululemon Athletica
#5 Under Armor
#6 Care Pharmacies
#7 Amazon.com
#8 Lowe’s Market Place
#9 Apple Stores/iTunes
#10 AT&T Wireless
Twelve retailers have qualified for the list for seven consecutive years. They are:
Amazon.com
Ascena Retail Group
O’Reilly Automotive
Urban Outfitters
Tractor Supply Co
Dick’s Sporting Goods
J.Crew Group
Dollar Tree
Jos. A Bank Clothiers
Walgreen
Ross Stores
PetSmart
Obviously, these retailers have a keen focus on today’s consumer to be able to grow in a slow economy. Recognizing current consumer interests and trends, including organic supermarkets, high-end workout apparel, luxury accessories, and mobile technologies such as smart phones and online shopping provides the groundwork for success.
Another part of success involves having the right tools needed to provide the services expected by today’s consumers. CounterPoint’s CPMobile is one of those tools that will help you sell from anywhere! Another is NCR Silver, an all-inclusive cloud-based solution running on a NCR register or Apple mobile devices. NCR Silver helps small retail businesses ring up sales, collect cash and process credit cards, track inventory, and connect with customers.
If you would like more information on CPMobile or NCR Silver, we can help you. Call us at 800-672-4806 or email us. Your success is our success!