Retailers, consumers and prices
Check Out Line: Want growth? Buy up.
A list of the top 10 companies from a “Hot 100 Retailers list” compiled by Planet Retail for the National Retail Federation showed that while a few companies grew organically, most grew as a result of a merger or acquisition.
Topping the list of companies that grew through a deal was DineEquity, which bought Applebee’s last year.
Others in that category include Susser Holdings after its purchase of Town & Country Food Stores and Village Market grocery stores, as well as the combination of fast food chains Wendy’s and Arby’s into Wendy’s/Arby’s.
Of the companies that grew on their own, Los Angeles-based American Apparel was “tops,” with revenue growth of 57.6 percent, the list showed.
Another not-so-surprising name in the top 10 was Apple, known for its iPod, Mac computer and one of the latest favorites in the market — the iPhone. “Still opening new locations, Apple also uses its stores as a way to build brand awareness,” according to the survey.
Some retailers actually managed to maintain growth, averaging a 10.8 percent compound annual growth rate, the list showed. Those on the growth chart include GameStop, Urban Outfitters, Best Buy and J. Crew to name a few.
The Hot 100 Retailers study is the annual ranking of the fastest-growing publicly traded retail chains, and rankings are decided by increases in year-over-year revenues between 2007 and 2008.
Here’s the list of the top 10 companies in the Hot 100 Retailers List:
2. American Apparel
3. Susser Holdings
5. Apple Stores/iTunes
6. Wendy’s/Arby’s Group
7. O’Reilly Automotive
8. Finlay Enterprises
9. The Pantry
Also in the basket: