The National Retail Federation (NRF) has released its 2025 list of the Top 100 Retailers, compiled by Kantar and ranked by 2024 U.S. retail sales. This year’s list reflects a mix of stability and adaptation, with companies continuing to evolve alongside shifting consumer behaviors and economic changes.
Walmart remains in the top spot with $568.70 billion in U.S. retail sales, followed by Amazon, Costco Wholesale, The Kroger Co., and The Home Depot. While the top 13 companies stayed the same, some repositioning occurred, including Target moving from No. 7 to No. 8 and Walgreens Boots Alliance rising to No. 7.
Several trends influenced this year’s rankings. Drugstores, like Rite Aid, saw notable declines due to reduced front-store spending, while demand for pet-related products leveled off post-pandemic. PetSmart and Petco both saw either flat or declining sales and store counts.
NRF notes that this year’s list highlights not just sales performance, but also the resilience and flexibility of top retailers in the face of economic shifts and evolving consumer demands.
