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Retail Industry Description

The retail industry in the United States is a vast and dynamic sector that encompasses a wide range of businesses involved in the sale of goods and services to consumers. It plays a crucial role in the country's economy, contributing significantly to employment, consumer spending, and overall economic growth. The retail industry in the USA is characterized by its diversity, with various types of retailers catering to different consumer needs and preferences. These include department stores, specialty stores, discount stores, convenience stores, online retailers, and many others. Each segment has its own unique characteristics and market dynamics. Department stores, such as Macy's and Nordstrom, offer a wide range of products across multiple categories, including clothing, accessories, home goods, and electronics. They often operate in large, multi-level stores and provide a high level of customer service. Specialty stores focus on specific product categories or niche markets. Exa...

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26,711

COMPANIES

1.6 Trillion

TOTAL VALUE

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Avg salary

Avg Salary in Retail

$60,581

AVG SALARY

top companies

List of Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Retail

United States, Arkansas

1 Billion and Over

10001+

About Walmart

Walmart Inc., an American multinational retail corporation, operates a chain of hypermarkets, discount department stores, and grocery stores. Founded by Sam Walton in 1962 and incorporated on October 31, 1969, it has its headquarters in Bentonville, Arkansas. As of the latest data, Walmart is the world's largest company by revenue, making it a significant player in the global retail industry. Walmart operates approximately 10,500 stores and clubs in 24 countries, under 48 different names. For instance, it operates as Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Flipkart Wholesale in India. Did You Know? - Walmart is not only a retail giant but also one of the largest private employers in the world, with over 2.2 million employees. - The company's slogan, "Save Money. Live Better," reflects its mission to offer low prices on its merchandise. - Walmart ...

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Retail

United States, Washington

1 Billion and Over

10001+

About Amazon

Amazon.com, Inc., commonly known as Amazon, is a global technology giant founded by Jeff Bezos on July 5, 1994. Initially started as an online bookstore, Amazon has diversified its business model over the years to become the world's largest online marketplace, cloud computing platform, and artificial intelligence assistant provider, among other ventures. The company is headquartered in Seattle, Washington, and has a significant global presence, influencing e-commerce, digital streaming, and technology development. Amazon's remarkable growth trajectory has been marked by its foray into various sectors, including but not limited to, Amazon Web Services (AWS), which is a leader in cloud computing services, and its acquisition of Whole Foods Market in 2017, signaling its expansion into the brick-and-mortar retail sector. The company also owns a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, and a range of consumer electronics products, including the Ki...

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Retail

United States, Washington

1 Billion and Over

10001+

About Costco Wholesale

Costco Wholesale Corporation, commonly referred to as Costco, is a global leader in the warehouse club industry. Founded in 1976 by James Sinegal and Jeffrey Brotman, the company opened its first warehouse in Seattle, Washington, in 1983. Costco is renowned for its membership-only warehouse clubs that offer a wide variety of products, including groceries, electronics, clothing, and more, at significantly lower prices due to the company's bulk purchasing strategy. As of 2023, Costco operates hundreds of locations worldwide, including in the United States, Canada, Mexico, the United Kingdom, Japan, South Korea, and Australia, among others. The company is the fifth-largest retailer in the world and the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine. A unique aspect of Costco's business model is its limited selection of products, which is contrary to the approach of traditional supermarkets. This strategy, known as the "treasure hunt" sh...

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Retail

United States, Ohio

1 Billion and Over

10001+

About Kroger

The Kroger Co., often simply known as Kroger, stands as one of the largest supermarket chains in the United States. Founded by Bernard Kroger in 1883 in Cincinnati, Ohio, the company has grown from a single grocery store to a vast empire of supermarkets and multi-department stores across the country. As of 2023, Kroger operates under nearly two dozen banners, including Ralphs, Harris Teeter, and Fred Meyer, among others. Kroger is not only a leader in the grocery sector but also has a significant presence in the manufacturing sector, with its own brand of dairy, bakery, and grocery products. The company's commitment to sustainability and community engagement is evident through its Zero Hunger | Zero Waste plan, aiming to end hunger in the communities it serves and eliminate waste across the company by 2025. Did You Know? - Kroger was one of the pioneers in establishing supermarkets in the U.S., transforming the grocery shopping experience from small, specialized shops to large, a...

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Retail

United States, Illinois

1 Billion and Over

10001+

About Walgreens Boots Alliance

Walgreens Boots Alliance, Inc. is a global leader in retail and wholesale pharmacy, touching millions of lives every day through dispensing medicines, and providing accessible healthcare services. Formed through the merger of Walgreens and Alliance Boots in December 2014, the company boasts a rich heritage of trusted healthcare services through community pharmacy care and pharmaceutical wholesaling. Headquartered in Deerfield, Illinois, USA, Walgreens Boots Alliance is present in more than 25 countries and employs over 450,000 people, making it one of the largest pharmacy chains in the world. The company operates one of the largest global pharmaceutical wholesale and distribution networks, with over 400 distribution centers delivering to more than 240,000 pharmacies, doctors, health centers, and hospitals each year. It also has a significant presence in digital health, with a range of mobile and digital health apps that connect millions of consumers to healthcare services. Did You...

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Retail

United States, Minnesota

1 Billion and Over

10001+

About Target

Target Corporation, established in 1902 by George Dayton, is a cornerstone of American retail, headquartered in Minneapolis, Minnesota. Initially named Goodfellow Dry Goods, the company was rebranded as Target in 1962, marking the launch of its discount store model that combined quality goods with affordable prices. This innovative approach quickly set Target apart, allowing it to grow into the second-largest discount retailer in the United States. Target is renowned for its distinctive red and white branding, as well as its bullseye logo, which has become synonymous with savings and style. The company operates over 1,900 stores across the United States, offering a wide range of products, from groceries and household items to clothing and electronics. Target has also made significant strides in e-commerce, enhancing its online shopping experience to meet the evolving needs of consumers. Did You Know? - Target's mascot, a Bull Terrier named Bullseye, is a recognizable symbol of th...

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Retail

United States, Georgia

1 Billion and Over

10001+

About The Home Depot

The Home Depot, Inc., founded in 1978 by Bernie Marcus and Arthur Blank, is an American multinational home improvement retailer that has grown to become the largest in the United States. Headquartered in Atlanta, Georgia, The Home Depot operates numerous big-box format stores across the United States (including the District of Columbia, Puerto Rico, the Virgin Islands, and Guam), all ten provinces of Canada, and the country of Mexico. The company is renowned for supplying tools, construction products, appliances, and services. It caters to both do-it-yourself (DIY) customers and professional contractors with its vast selection of products and knowledgeable staff. The Home Depot's distinctive orange branding is recognizable worldwide, symbolizing innovation and excellent customer service in the home improvement sector. Did You Know? - The Home Depot's first stores were opened in Atlanta, Georgia, in 1979, and they were cavernous warehouses that dwarfed the competition at the time,...

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Retail

United States, Rhode Island

1 Billion and Over

10001+

About CVS Health

CVS Health Corporation, an American healthcare giant, stands as a beacon in the retail pharmacy and health care industry. Founded in 1963 in Lowell, Massachusetts, by brothers Stanley and Sidney Goldstein along with their partner Ralph Hoagland, CVS originally stood for "Consumer Value Stores." Over the decades, CVS Health has evolved far beyond its retail beginnings to become a key player in the American healthcare system. As of my last update in 2023, CVS Health operates one of the largest pharmacy chains in the United States, with thousands of locations across the country. It also owns CVS Pharmacy, CVS Caremark, a leading pharmacy benefits manager, and Aetna, a health insurance provider, among other health-related services. This diversification allows CVS Health to impact various aspects of healthcare, from prescription fulfillment and insurance coverage to walk-in clinic services. Did You Know? CVS Health made a groundbreaking move in 2014 by being the first major retail phar...

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Retail

United States, North Carolina

1 Billion and Over

10001+

About Lowe's Companies

Lowe's Companies, Inc., commonly known as Lowe's, is a renowned American retail company specializing in home improvement. Founded in 1921 by Lucius Smith Lowe in North Wilkesboro, North Carolina, the company has grown from a small hardware store to the second-largest hardware chain in the United States and globally. As of 2023, Lowe's operates over 2,000 stores across North America, catering to both professional contractors and do-it-yourself customers with a wide range of products for construction, maintenance, repair, remodeling, and decorating. Lowe's is recognized for its commitment to providing customers with quality products and services, offering a vast selection of national brand-name merchandise, along with its own private brands such as Kobalt and Allen+Roth. The company has also made significant strides in technology and innovation, including the use of augmented reality apps to help customers visualize home improvement projects and the implementation of robotic assistan...

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Retail

United States, Minnesota

1 Billion and Over

10001+

About Best Buy

Best Buy Co., Inc., headquartered in Richfield, Minnesota, is a leading provider of consumer electronics, home office products, entertainment products, appliances, and related services. Founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store named Sound of Music, the company was rebranded as Best Buy in 1983, marking a shift towards a broader inventory of consumer electronics. Best Buy operates in the United States, Canada, and Mexico, offering products from top brands like Apple, Microsoft, Samsung, and Sony, among others. The company has adapted to the digital age by enhancing its e-commerce platform, allowing customers to shop online with options for delivery or in-store pickup. A pioneer in electronics retail, Best Buy introduced the concept of the "superstore" format in the 1980s, significantly expanding its floor space to accommodate a wider range of products. This move revolutionized the way electronics were sold, making Best Buy a one-stop-shop ...

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employees

Segmentation by Number of Employees

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Industry Overview

The consumer goods and retail industry in the United States is a vast and dynamic sector that encompasses a wide range of products and services. It plays a crucial role in the country's economy, contributing significantly to employment, GDP, and overall consumer spending. Consumer goods refer to products that are purchased for personal use or consumption, such as food and beverages, clothing, electronics, household goods, and personal care items. The retail industry, on the other hand, involves the sale of these consumer goods to the end consumers through various channels, including brick-and-mortar stores, e-commerce platforms, direct sales, and more. The United States has one of the largest consumer markets globally, driven by a high standard of living, a large population, and strong consumer demand. The industry is characterized by intense competition, innovation, and constantly evolving consumer preferences. Major players in the consumer goods and retail sector include multina...

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FAQ

FAQs

The top Retail companies in the US are Walmart, Amazon and Costco Wholesale. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 26797 of Retail companies in the US according to the latest CIENCE data.

The median revenue for Retail companies in the US is 2500000.

The average revenue for Retail companies is 59790984.

You can find job opportunities in the Retail through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The Retail companies are located across United States.

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