NRF releases 2023 Top 100 Retailers list

Jul 13, 2023
Written by WR Communications


The National Retail Federation today released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales.

Longtime No. 1 Walmart held its top position with $499.65 billion in U.S. retail sales in 2022. is in second with sales of $232.46 billion, followed by Costco Wholesale ($164.15 billion), The Kroger Co. ($147.62 billion) and The Home Depot ($145.94 billion).

Among the top 10, there were some slight shifts: Kroger (No. 5 to No. 4); The Home Depot (No. 4 to No. 5); Target (No. 7 to No. 6); CVS Health Corporation (No. 8 to No. 7); and Walgreens Boots Alliance (No. 6 to No. 8).

“Collectively, retailers were consistent across the board last year because most everybody grew, and at more or less the same rate,” Kantar Senior Vice President David Marcotte said. “The dynamic category to watch is big box, particularly as customers become more comfortable with the value proposition of membership fees.”

One notable jump is Signet Jewelers, which continued its growth trajectory by moving 10 spots on the list to No. 56. Additionally, international investment in the U.S. is increasingly noticeable. For example, Grupo Comercial Chedraui’s acquisition of Smart & Final Holdings Inc., which ranked No. 93 last year, has landed the company at No. 57 this year.


Return to newsletter