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The post BBB state of the nation is tracked by HTT’s Top 50 Retailers Report.

Published: August 27, 2024
Author: HFT

This is how the universe seems when a long-standing, major retailer of home textiles leaves the scene.

For the first time in three decades, the iconic Bed Bath & Beyond company has ceased operations and is not included in HTT’s unique ranking of the Top 50 Retail Giants.

Another first: owing to support from Supima, HTT is providing its annual ranking online before it is published in print.

Several important conclusions:

  • The largest retailers in the market now are off-pricers, discounters, and two strong specialized retailers: Ikea and HomeGoods. In 2023, the majority of that group maintained their share growth.
  • Among the six merchants that experienced double-digit growth in their soft home sales, Amazon emerged as the biggest winner, with sales rising by 17.3%.
  • Walmart continues to rule the industry and is comfortably ahead of its top competitors on the ranking, even in spite of its rapid growth.
  • Ross Stores rises from #7 to #5 in the rankings
  • After becoming a member of the $1 Billion Club, Burlington Stores climbs to the eighth spot.

  • Costco is the first retailer to enter the Top 10, despite having the lowest dollar growth in home textile sales among its competitors.
    Kohl’s maintained their sixth-place rating despite an erratic year.
  • You may access the complete study at https://hometextilestoday-nc.newsmemory.com/?special=The+Top+50+Retail+Giants, which includes breakout tables.

The report will be published in print in HTT’s September issue, which will be available for purchase at the New York Home Fashions Market.

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