Retail Info Systems News (RIS) revealed the Top 100 Retailers of 2023 this week, its annual ranking of top North American retailers. Alimentation Couche-Tard came in at the number 10 spot, with a 2.57% market share.
For the sixth consecutive year, RIS collaborated with wRatings, a research company, to rank the industry’s top performing retailers. According to RIS, this years’ ranking shows the resiliency of retailers in a market troubled by economic pressures leading to store closings and layoffs across the industry.
“Our list highlights the companies that are prospering despite the ongoing volatility in the marketplace. Walmart once again claims the number one spot with a 16.98% retail share of the market, which equates to a whopping $611 billion in sales. The company wavered in its share of the market over the last few years, but it has bounced back, increasing its market share by 4.31% year over year, continuing to beat out Amazon for the lead spot,” said Albert Guffanti, vice-president and group-publisher of RIS News. “New this year is that the list is a pure retailer list of North American companies, which now more accurately represents our readership.”
This years’ Top 10 list of retailers represent $2.4 trillion in sales, ousting last years’ $2.3 trillion. The Top 10 list includes:
To compile this years’ list, RIS looked at data gathered from wRatings, using the financial metrics of 180 publicly traded retailers. A number of food retailers also made the top 100 list, including Canadian brands George Weston (Loblaw parent company) and Metro. View the Top 100 Retailers of 2023 list here.