Special Report

The World's 20 Fastest Growing Retailers

Source: MichaelRivera / Wikimedia Commons

10. The Sherwin-Williams Company
> 2017-2018 sales growth: 17.0%
> 2017 revenue: $14.98 billion
> 2018 revenue: $17.53 billion
> Headquarters: Cleveland, Ohio
> # of locations: 4,900+

Anyone who has ever painted his or her house, or even just a wall, has probably brushed on one of Sherwin Williams paint products. Homeowners and contractors are not the only ones who buy Sherwin-Williams paint, however; industrial and transportation companies also use the company’s products. Sherwin-Williams reported net sales of $17.5 billion in 2018, up 17.0% from just under $15 billion in 2017.

Source: golf_pictures / Flickr

9. Callaway Golf
> 2017-2018 sales growth: 18.5%
> 2017 revenue: $1.05 billion
> 2018 revenue: $1.24 billion
> Headquarters: Carlsbad, California
> # of locations: N/A

Founded in 1982, Callaway Golf develops and sells premium golf equipment and accessories, including its Odyssey putter, ranked the best seller in the sport. But that is not the only putter the company offers. In 2016, Callaway purchased Toulon Design’s putter. The popularity of golf has certainly spurred net sales, which rose by 18.5% from a little over $1 billion in 2017 to $1.2 billion last year.

Source: Tony Webster / Flickr

8. Duluth Trading Company
> 2017-2018 sales growth: 20.5%
> 2017 revenue: $471.45 million
> 2018 revenue: $568.10 million
> Headquarters: Mt. Horeb, Wisconsin
> # of locations: 51 locations nationwide

Much like Lululemon Athletica revolutionized workout wear, Duluth Trading Company aims to make work clothes functional and comfortable. The company had 36 quarters of consecutive net sales growth through the end of 2018, ending that fiscal year with $568 million in net sales and a year-over-year increase of 20.5%. Nevertheless, the company does not want to rest on its success. In the coming year, it wants to boost its omnichannel ecommerce platform.

Source: Natsze / Wikimedia Commons

7. Coty
> 2017-2018 sales growth: 22.8%
> 2017 revenue: $7.65 billion
> 2018 revenue: $9.40 billion
> Headquarters: New York, New York
> # of locations: N/A

With a stable of 75 well-known brands like Cover Girl, Max Factor, and Clairol, Coty is practically synonymous with cosmetics and fragrances. Francois Coty launched his eponymous company 1904. During its 115-year history, it has grown into a business behemoth that has recorded $9.4 billion in net sales in 2018, up 22.8% from $7.65 billion in 2017, and which no employs 20,000 workers in 46 countries.

Source: Natsze / Wikimedia Commons

6. Floor & Decor
> 2017-2018 sales growth: 23.5%
> 2017 revenue: $1.38 billion
> 2018 revenue: $1.70 billion
> Headquarters: Atlanta, Georgia
> # of locations: 100

Launched 19 years ago, Floor & Decor attracts DIY enthusiasts who want to change the look of their home flooring. The chain’s 75,000-square-foot, warehouse-style stores are packed with a variety of tiles, wood flooring, laminates, and natural stone options. Between 2017 and 2018, net sales rose by 23.5% from nearly $1.4 billion to $1.7 billion.