CollectionsApr 19, 2024
Piece of the Week: Retrouvaí’s Treasure NecklaceA new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
MajorsAug 17, 2018
These Are the Fastest-Growing Retailers in the US
They top the “Hot 100 Retailers” list, compiled annually by Stores magazine and Kantar Consulting.
Amazon.com ranked No. 4 on the Stores magazine “Hot 100 Retailers” list, with 45 percent growth year-over-year due in part to the addition of physical stores, including the Whole Foods grocery store chain and more Amazon grocery and book stores (pictured here).
Washington—A Dublin, Ireland-based fast fashion company was the fastest-growing retailer in the United States last year, according to the annual list published by Stores magazine.
The “Hot 100 Retailers” ranks both public and privately held companies by percentage of U.S. sales growth between 2016 and 2017. Companies’ sales must total at least $300 million a year to be considered for inclusion.
It is compiled for Stores magazine, the publication of the National Retail Federation, by Kantar Consulting.
Coming in at No. 1 this year was U.K. clothing and accessories retailer Primark, which sells trendy, cheap clothing and accessories (think Forever 21, H&M, Zara, etc.) and opened its first U.S. stores in 2015. According to Kantar/Stores, the retailer’s annual sales grew 103 percent year-over-year to $489 million in 2017.
At No. 2 was Bass Pro Shops (94 percent sales growth to $7.3 billion), followed by home improvement and appliance retailer Build.com (47 percent sales growth to $1.3 billion), list mainstay Amazon.com (45 percent growth to $103 billion) and, at No. 5, online home goods retailer Wayfair (36 percent sales growth to $4.1 billion).
Commenting on the list, Stores Media Editor Susan Reda said strong consumer confidence and high job growth—two of the factors that led the NRF to raise its retail growth forecast for the year—have consumers spending more on home buying, home improvement and travel. This is, in part, why Build.com and Wayfair were in the top five.
The Hot 100 also represents a compendium of the retailers with the best strategies for growth in the omnichannel climate, said Bryan Gildenberg, Kantar’s chief knowledge officer.
“This year, the classic ‘four Ps’ of marketing have become the ‘four Ss’—the Hot 100 use speed, seamlessness, specialization and scale by acquisition as their core platforms of growth,” he said.
Rounding out the top 10 were the following.
6. Handbag retailer Tapestry (owns the Kate Spade, Stuart Weitzman and Coach brands, formerly Coach Inc.), 33 percent sales growth
7. PetSmart, 28 percent sales growth, buoyed by the acquisition of Chewy.com
8. Discount retailer Five Below, 28 percent sales growth
9. Ulta Salon, 28 percent sales growth
10. Pet Retail Brands, 27 percent sales growth
(While some retailers above show the exact same percentage of growth, percentages have been rounded. The rankings are based on exact percentages.)
The list also recognizes what it calls “sustained sizzlers,” retailers that have been on the list each year since it
was first published in 2006. This year, there were five: Amazon.com, Tractor Supply Co., Ross Stores, Dick’s Sporting Goods and O’Reilly Auto Parts.
The entire “Hot 100 Retailers” list was published in the August issue of Stores magazine and is available on the Stores website.
The magazine story analyzing the list is also available on Stores.org.
The entire “Hot 100 Retailers” list was published in the August issue of Stores magazine and is available on the Stores website.
The magazine story analyzing the list is also available on Stores.org.
More on Majors
The Latest
CrimeApr 19, 2024
Grand Jury to Hear Case Against Jeweler Charged in Fatal Shove Following IJO ShowLast month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
GradingApr 19, 2024
AGS Ideal Report Now Available in Printed FormFrom now through mid-May, GIA will be offering the reports at a 50 percent discount.
Brought to you by
The Blueprint for Success in Scalable, Personalized Jewelry RetailWith Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
SourcingApr 18, 2024
Diamond Trade Remains Cautious Amid Economic UncertaintyDe Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Weekly QuizApr 19, 2024
This Week’s QuizTest your jewelry news knowledge by answering these seven questions.
Supplier BulletinApr 18, 2024
Discover History’s Hidden Gems at the Las Vegas Antique Jewelry & Watch ShowSponsored by the Las Vegas Antique Jewelry & Watch Show
WatchesApr 18, 2024
Watch E-tailer Collectability Hires Kelly YochThe Patek Philippe expert will serve as personal curator for the brand-focused company.
Brought to you by
How Jewelers of America Represents Your BusinessFor over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
WatchesApr 18, 2024
TAG Heuer Opens Its Largest Standalone Boutique at SeaThe 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
Policies & IssuesApr 17, 2024
NDC Prevails in U.K. Case Over Lab-Grown Diamond AdvertisingNDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
Events & AwardsApr 17, 2024
And the 2024 Winner of the Shipley Award Is … John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
FinancialsApr 17, 2024
LVMH’s Q1 Jewelry Sales Fall 5%LVMH said the company performed well despite an uncertain geopolitical and economic environment.
CollectionsApr 16, 2024
Akaila Reid Launches ‘Eat Cake’ CollectionIt’s ultra-feminine and filled with gold, pearls, and soft pastels.
MajorsApr 16, 2024
Loudr Adds 2 DirectorsEmily Highet Morgan and Emily Bennett have joined the agency’s team.
MajorsApr 16, 2024
Stuller Releases First Lab-Grown Diamond Jewelry CatalogIts updated book for mountings is also now available.
SourcingApr 16, 2024
Karen Rentmeesters Takes Over as Interim CEO of AWDCShe has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
TechnologyApr 15, 2024
Judge Rules Jeweler’s Lawsuit Against PNC Bank Can Move ForwardJoyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
IndependentsApr 15, 2024
Alfred W. DeScenza of DeScenza Diamonds Dies at 95He is remembered by loved ones for his loyalty, integrity, and kindness.
AuctionsApr 15, 2024
Madeleine K. Albright Jewelry, Pins Coming to AuctionHosted by Freeman’s | Hindman, the sale will take place May 7-8.
AuctionsApr 15, 2024
All of Sotheby’s ‘Rough Diamonds’ Sold in Less Than an HourThe auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
Events & AwardsApr 15, 2024
10 Can’t-Miss Sessions at AGS Conclave 2024From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
Recorded WebinarsApr 12, 2024
Watch: What Jewelers Need to Know About InsuranceFrom cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
CollectionsApr 12, 2024
Piece of the Week: Lionheart’s Evil Eye Gemstone CharmThe charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Events & AwardsApr 12, 2024
The Jewelry Symposium Announces 4 Scholarship WinnersAhead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
Policies & IssuesApr 11, 2024
SRK Exports’ Journey Toward Net Zero Impact By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Lab-GrownApr 11, 2024
AGTA Bans Lab-Grown Diamonds, Gemstones at GemFairMembers can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
IndependentsApr 11, 2024
Steven Rosdal, Co-Founder of Hyde Park Jewelers, Dies at 77He is remembered for his charisma, passion, integrity, kindness, and wit.
