18 American Companies That Control What You Buy
18. Nordstrom, Inc.
>Market Cap: $8.56 billion
>Revenue: $15.48 billion
>Net Income: $437.0 million
>Employees: approximately 76,000
Nordstrom has always been one of the big department stores names. It is known as a fashion retailer that sells apparel, shoes, cosmetics, and accessories. Compared to some of the other retailers on this list Nordstrom has a comparatively small footprint of 370 stores in 40 states.
17. Macy’s, Inc.
>Market Cap: $11.82 billion
>Revenue: $24.84 billion
>Net Income: $1.55 billion
>Employees: approximately 130,000
Macy’s is another big department store. In fact, it even has its own parade. The company
sells a range of merchandise, such as apparel and accessories for both men and women, cosmetics, home furnishings, and more. Macy’s is also the oldest retailer on this list, founded in 1830 in Cincinnati, Ohio.
16. Kohl’s Corp.
>Market Cap: $12.31 billion
>Revenue: $19.10 billion
>Net Income: $859.0 million
>Employees: approximately 33,000
Kohl’s operates department stores in the United States that offer private label, exclusive and national brand apparel, footwear, accessories, beauty and home products to children, men and women customers. While retail chains have suffered from internet pressure, Kohl’s has held its own as consumers see the company as a solid discount retailer. In addition, Amazon is growing its partnership with the department store chain. Last summer, the two companies announced that Kohl’s would begin selling Amazon devices, such as the Echo and Fire tablets, at 10 of Kohl’s stores. Kohl’s also will be accepting Amazon.com returns at certain U.S. locations.
15. The Gap, Inc.
>Market Cap: $12.45 billion
>Revenue: $15.86 billion
>Net Income: $848.0 million
>Employees: approximately 135,000
Gap sells private label merchandise through three main retail brands: The Gap, Old Navy, and Banana Republic, along with smaller brands Athleta and Intermix. The retailer also sells its products through its company websites. Most of its international locations are Gap stores, concentrated in Western Europe (France, United Kingdom), Japan, China, and Canada. The company has over 3,500 stores worldwide.
14. Tiffany & Co.
>Market Cap: $16.80 billion
>Revenue: $4.17 billion
>Net Income: $370.1 million
>Employees: approximately 13,100
Tiffany designs, manufactures, and retails jewelry and other items. Apart from jewelry and diamonds, this company also sells timepieces, leather goods, sterling silver goods, china, crystal, and other accessories. Compared to any other retailer on this list, Tiffany has a very small footprint, operating only 315 U.S. stores at the end of 2017. With such valuable products coming through the doors and an average gross margin of over 60%, the company has proved that it doesn’t need a large footprint to be successful.