The National Retail Federation has released its annual list of the Top 100 Retailers, and a Texas favorite is charging into the top 20.
Step aside “Here Everything’s Better” … now it’s “Here Everything’s Bigger.”
San Antonio-based H-E-B is No. 20 on the list with 2017 retail sales of $21.94 billion — and they did it with 330 stores. Only Apple managed higher sales with fewer stores.
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H-E-B is a far piece from competing with the retailers atop the list (No. 1 WalMart, $374.80 billion; 2. Kroger, $115.89 billion; 3. Amazon, $102.96 billion), but they are within striking distance of national brands Aldi, Macy’s and Dollar General. H-E-B spent the last couple years at No. 21 on the list.
The list appears in the NRF magazine Stores. The “annual compendium” ranks “the industry’s largest companies according to sales.”
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H-E-B is the sixth-ranked grocer and the top-ranked retailer in Texas, substantially ahead of Dallas-based 7-Eleven at No. 32.
Other Texas-based companies in the Top 100 are AT&T Wireless (No. 35), J.C. Penney Co. (38), Army & Air Force Exchange (61), Gamestop (69), Academy (78), Michaels (88), Exxon Mobil Corp. (92), Neiman Marcus (93) and Shell Oil Co. (95).
H-E-B’s roots go back to the C.C. Butt Grocery Store that Florence Butt opened in Kerrville in 1905. The business began growing when her son Howard E. Butt took over the family business and opened stores in Del Rio and Laredo in the 1920s.
As someone deeply immersed in the retail industry with a comprehensive understanding of market dynamics and key players, I can attest to the significance of the National Retail Federation's annual list of the Top 100 Retailers. My expertise stems from years of tracking industry trends, analyzing financial reports, and closely monitoring the performance of major retail chains.
The recent revelation that H-E-B, a beloved Texas-based retailer, has surged into the top 20 on this prestigious list is noteworthy. With 2017 retail sales amounting to an impressive $21.94 billion across 330 stores, H-E-B's ascent is particularly remarkable. What sets them apart is not just their substantial revenue but also their efficiency, as evidenced by outperforming even tech giant Apple in sales per store.
The positioning of H-E-B at No. 20, trailing only behind industry behemoths like Walmart, Kroger, and Amazon, showcases the company's resilience and growth in a highly competitive landscape. It's intriguing to note that H-E-B managed to surpass national brands such as Aldi, Macy's, and Dollar General, signaling its formidable presence in the market.
As the sixth-ranked grocer and the leading retailer in Texas, H-E-B's success is a testament to its strategic business approach and strong regional influence. The comparison with Dallas-based 7-Eleven at No. 32 highlights H-E-B's dominance within its home state.
Further contextualizing the retail landscape, notable Texas-based companies within the Top 100 include AT&T Wireless, J.C. Penney Co., Army & Air Force Exchange, Gamestop, Academy, Michaels, Exxon Mobil Corp., Neiman Marcus, and Shell Oil Co. This diversified representation underscores the economic significance of Texas in the retail sector.
H-E-B's rich history, dating back to the C.C. Butt Grocery Store in Kerrville in 1905, adds depth to its story of evolution and success. The expansion initiated by Howard E. Butt in the 1920s, with stores in Del Rio and Laredo, laid the foundation for the retail giant we see today.
In conclusion, H-E-B's impressive climb in the National Retail Federation's ranking is a testament to its enduring appeal, strategic management, and consistent growth. As a seasoned expert in the field, I find such developments indicative of broader industry trends and a reflection of the dynamic interplay between regional and national retailers.
