HOW MANY RETAILERS CAN SAY: ‘HALF OF AMERICA SHOPS HERE’?

HOW MANY RETAILERS CAN SAY: ‘HALF OF AMERICA SHOPS HERE’?

Walmart tops the list, but not many make the cut.

More than nine of 10 US consumers made a purchase at Walmart in 2016, according to new data from the NPD Group.

The new “Checkout Penetration Index” offers a different way of thinking about market penetration, asking simply what percentage of consumers bought at a particular store or restaurant. Walmart, Target, Walgreens, Dollar Tree and CVS made up the top 5 for retailers.

NPD said Dollar Tree, at 71%, was the biggest gainer among the retailers on the list, rising 3 percentage points over the previous year. Chick-fil-A topped the gainers among restaurants, increasing by 5 percentage points.

The list has some surprises, including Michaels Stores, which registered 38%. At that level, it’s just 4 percentage points behind Amazon.com.

On the other hand, the list looks pretty similar to a ranking based on sheer square footage. Here are the top 10 retailers in the US, based simply on total square footage, according to the eMarketer Retail and Restaurant companies database:

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1. Walmart (includes Sam’s Club) – 1.2 billion square feet
2. Target – 239.5 million square feet
3. The Home Depot – 237.4 million square feet
4. Lowe’s – 213.4 million square feet
5. Kroger – 177.8 million square feet
6. Dollar Tree (includes Family Dollar) – 132.1 million square feet
7. Walgreens Boots Alliance (includes Duane Read) – 131 million square feet
8. Macy’s – 130.2 million square feet
9. Dollar General – 121.7 million square feet
10. Costco – 105.1 million square feet
(Totals include international outlets)

Source:  eMarketerRETAIL, April 2017