Copy of NRF Sizzling 25 retailers record contains a number of house furnishings corporations

WASHINGTON – The Nationwide Retail Federation has introduced its annual Sizzling 25 Retailers Checklist and a number of other house furnishings retailers made it onto this yr’s record.

The High 25 are decided primarily based by Kantar, an information analytics firm, and the dedication relies on the year-over-year proportion improve in home gross sales for 2020 vs. 2019.

Overstock got here in because the second fastest-growing firm throughout all classes with 74.7% U.S. gross sales development. The retailer noticed $2.55 billion in gross sales in 2020 up from $1.459 billion in 2019.

David Marcotte, a senior vp at Kantar, mentioned he was shocked on the fee of development for the house enchancment class since he wouldn’t have anticipated the expansion fee to be greater than 5% or 6% in a typical yr.

“You will have a big funding into the house, which began throughout the pandemic, after which you may have this surge into homeownership,” mentioned Marcotte. “Should you’re spending the cash to purchase a home proper now, you wish to repair it up. You’re simply emotionally extra engaged with it. So, there’s a long-term impact to house enchancment.”

Residence furnishings website Wayfair additionally made the record, coming in at No. 4 with 56.4% U.S. gross sales development. The retailer noticed $11.6 billion in gross sales in 2020 up from $7.5 billion in 2019. Wayfair additionally made the record for the primary time 5 years in the past, taking the quantity two spot for development again in 2015.

Additionally, At Residence Group got here in at No. 11 on the record with an annual development fee of 27.3%. The retailer noticed $1.7 billion in gross sales in 2020 up from $1.3 billion in 2019.

E-commerce behemoth Amazon.com was on the record at seventh place with 33.7% U.S. gross sales development. It’s, Marcotte says, “an awfully massive firm, and the proportion of improve was spectacular in that context.” Amazon noticed U.S. gross sales of $187.3 billion in 2020, up from $140 billion in 2019.

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