Wal-Mart — which just launched a new logo — has retained its position at the top of the annual STORES magazine Top 100 Retailers List (ranked by revenue). In fact, the discount retailer — with $379 billion in revenues for 2007 — has been No. 1 on the list since STORES began compiling it in 1991.
Even with the slumping housing industry, The Home Depot retained its No. 2 spot. A union — of Caremark and CVS — boosted CVS Caremark into the No. 3 slot, a big swoosh upward from No. 9 last year. Kroger — people gotta buy groceries even in a slow economy — holds the No. 4 spot.
Costco came in at No. 5, with $64 billion in sales, and Target was nipping at its heels, sliding in at No. 6 with $63 billion in revenues. Walgreen, with a 13.4-percent sales increase from 2006, took the No. 7 spot, followed by Sears, No. 8; Lowe’s, No. 9; and SUPERVALU, No. 10, a position it took by knocking Safeway down to No. 11.
STORES puts all retailers on the list, regardless of the retail segment they occupy. And, since retail — like everything else — is always changing, STORES added some technology and entertainment companies to this year’s list: Apple Stores/iTunes, No. 52; Dell Retail, No. 56; Verizon Wireless, No. 61; and AT&T Wireless, No. 81.
The list is sponsored by SAP, a provider of business software. STORES is published by the National Retail Federation.