Monday, October 21, 2013

Changes In The Top Ten US Retailers From 1990 To 2012: Six Of The Top Ten Have Been Replaced

From McKinsey&Company, Insights & Publications, "How retailers can keep up with consumers: The retail industry is more dynamic than ever. US retailers must evolve to succeed in the next decade." by Ian MacKenzie, Chris Meyer, and Steve Noble, October 2013:
Indeed, six of the ten largest US retailers in 1990 have since fallen from their positions as new winners, such as, Costco, and Walgreens, emerged in their place (Exhibit 1).

Exhibit 1

Shifts in the retail industry often create new winners, as evidenced by changes in the top ten US retailers. 
Source: McKinsey&Co

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