RapNet


Rapaport News

 

Retail

 

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Signet Lands on Top 100 Retailers List

US jeweler comes in at number 98 on NRF ranking.
Jul 8, 2020 8:35 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... Signet Jewelers was rated as one of the top 100 retailers on the National Retail Federation’s (NRF) 2020 list, which ranks companies based on annual retail sales.

The retailer came in at number 98, the only jewelry specialist to make the 2020 list. It regained a place after slipping from the rankings in 2019. In 2018, it nabbed the 81st spot.

Meanwhile, Tiffany & Co., which placed 68th last year, failed to break the top 100 this year. Walmart came in first, with Amazon, the Kroger Company, Costco and Walgreens rounding out the top five.

The list is “based on sales for the most recently completed fiscal year,” noted the NRF. “But for some companies, what transpired in 2019 might not hold much significance for 2020 and beyond. For others, the pandemic has accelerated their path.”

The pandemic could affect retail through 2022 and beyond, the NRF cited Tory Gundelach, senior vice president of retail insights at Kantar Consulting, as saying. The retailers that are most likely to recover are those with flexibility, solid operational capabilities and a strong e-commerce business, the NRF added.

Image: A Signet Jewelers office in Dallas, Texas. (Signet Jewelers)
Tags: Kantar Consulting, National Retail Federation, NRF, Rapaport News, Signet, Signet Jewelers, Tiffany & Co, Tory Gundelach
Similar Articles
News analysis Aug 2020To Speak Out, or Not to Speak Out?
Aug 11, 2020
The killing of George Floyd at the hands of police in May and...
Diamonds High on Holiday Gift Lists
Retail Sales Slide at Berkshire Hathaway
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us