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Thursday, July 2, 2009

Wal-Mart still Top Retailer

Walmart Inc. kept its crown as retail king, ranking No. 1 in U.S. sales for 2008, according to the National Retail Federation’s STORES magazine, but Oklahoma stores also made the list.

Walmart, the world’s largest retailer, posted revenue exceeding $405 billion in 2008, attributed in part to a successful re-launch of its Great Value line and attracting new customers because of the economic environment.

STORES magazine ranked the top 100 retailers by annual revenues reported in Securities and Exchange Commission filings, public statements by the companies and estimates based on Planet Retail research.

Two Oklahoma retailers also made the cut. Oklahoma City-based Love’s Travel Stops & Country Stores came in 31st place with just under $12.5 million in annual revenue, an increase of 8.6 percent. Tulsa’s QuickTrip claimed the 45th spot on the list, with about $8.64 million in revenue in 2008.



from the wire

2 comments:

  1. Those are billions in sales, not millions for Love's and QuickTrip.

    ReplyDelete