Jewelry Retailers Could Not Make The Annual Top 100 Rankings

According to STORES magazine, in Top 100 Retailers ranking in 2006, Wal-Mart topped the list as the nation’s largest retailer in 2006. It has sales of $348.65 billion, an 11.7 percent rise over the year 2005. Wal-Mart’s 2006 revenues were very high than those of the next five huge U.S. retailers combined. Wal-Mart is also the nation’s huge jewelry retailer.

The Top 100 list prepared in July 2008 in magazine, which is published by the National Retail Federation. Among retailers who sell jewelry, those designating the Top 100 list were mainly mass merchants and national department stores.

Costco, with incomes of $60.15 billion in 2006 topped fourth on overall in the survey, whereas Target ranked fifth with revenue $59.5 billion. Sears Holdings topped sixth in the survey with revenues $53 billion, making up the retailers which sell jewelry who were among top ten of the survey.

Among department stores, Federated Department Stores topped 13th, with incomes of $26.97 billion, and then JCPenney (17, $19.9 billion), Kohl’s (23, $15.54 billion), Nordstrom (23, $8.56 billion), Dillards (41, $7.85 billion), Neiman Marcus Group (74, $4.1 billion), The Bon-Ton Stores (86, $3.45 billion), Belk 94, $3.15 billion), and Saks (100, $2.94 billion).

Amazon.com was the only pure-play Internet retailer which consists jewelry in its product mix, that enabled the rankings at 32 with an income of $10.71 billion. QVC, the television, and online retailer ranked 44 on the survey with revenue of $7.07 billion.

Berkshire-Hathaway Retail, whose assets include Borsheim’s, Helzberg Diamond Shops, and Ben Bridge Jeweler, was ranked at 89 in the rankings with $3.33 billion in revenues.

Jewelry retailers was not found in top list in 2008. In the 2007 year’s survey, Tiffany & Co. ranked 96 and Zale Corp., 97.

Updated: March 20, 2013 — 12:36 am
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