4. Family Dollar Stores (NYSE: FDO)
> 1-yr. retail sales growth: 11.4%
> U.S. retail sales (2013): $10.4 billion
> Total U.S. stores (2013): 7,916
> 1-yr. store growth: 6.4%
Family Dollar Store is the second-largest discount chain by store count in the United States. In fiscal 2013, sales grew by more than 11%. The discount retailer added roughly 1,000 new items to meet consumer demand for basic necessities like groceries. The company also opened 506 new stores in the fiscal year 2013. In addition, it acted on its goal to improve its consumer’s shopping experience by renovating, expanding and relocating 830 stores this year. Family Dollar recently agreed to be bought by competitor Dollar Tree in a deal expected to intensify competition for America’s cash-strapped shoppers.
> 1-yr. retail sales growth: 12.4%
> U.S. retail sales (2013): $5.2 billion
> Total U.S. stores (2013): 1,775
> 1-yr. store growth: 4.3%
Atlanta-based Chick-fil-A is found primarily in the South. However, residents of other regions of the country may soon find a location near them, as the company continues to open new restaurants. In 2013, it reported 1,775 U.S. locations, a growth of 4% from 2012 and among the largest store growth rates in the nation. U.S. sales grew 12% to a total of nearly $5.2 billion last year, the fifth-largest growth among companies reviewed. The company has identified locations across the U.S., from the Northeast to the Midwest and the West Coast, as future growth areas.
2. Sherwin Williams (NYSE: SHW)
> 1-yr. retail sales growth: 18.1%
> U.S. retail sales (2013): $6.2 billion
> Total U.S. stores (2013): 3,685
> 1-yr. store growth: 8.5%
Paint supplier Sherwin Williams’ recent growth spurt is linked to recoveries in the U.S. housing market. The more new homes and renovation projects there are, the more paint the company will sell. While the vast majority of the company’s sales are domestic, Sherwin Williams acquired Mexican company Comex’s U.S. and Canadian businesses. The acquisition added hundreds of stores and numerous factories to Sherwin Williams’ overall footprint, primarily in Canada and the U.S. Sherwin Williams’ U.S. stores increased by 9% to a total of 3,685, nearly the largest growth among stores reviewed.
1. Amazon.com (NASDAQ: AMZN)
> 1-yr. retail sales growth: 27.2%
> U.S. retail sales (2013): $43.9 billion
> Total U.S. stores (2013): N/A
> 1-yr. store growth: N/A
Amazon.com is one of the world’s most revolutionary retailers. In 2013, its sales grew to almost $44 billion, a 27% increase over the year before. Amazon Prime, which offers free two-day shipping on over 20 million products, has also helped to boost the company’s reputation for innovation. Amazon’s mobile devices, such as the Kindle Fire HDX and the Amazon Appstore have also likely further helped ramp up sales. Additionally, Amazon is exploring the groceries and household consumables market with two new businesses — Prime Pantry and Amazon Dash. According to Kantar Retail’s Gildenberg, “Amazon continues to do an outstanding job of reaching more shoppers across more categories.”
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