Feb 272016
 

Most Admired Retailer

It may not shock you to hear that Apple, Amazon.com, and Starbucks are the top three retailers on Fortune’s list of the “World’s Most Admired Companies Top 50 All-Stars.” Apple led the list, with Amazon.com at No. 3, and coffee giant Starbucks close behind at No. 6. They are joined by newcomer Publix, which debuts at No. 49.

Below, we broke out the Top 10 World’s Most Admired Retailers for you. However, if you want to read Fortune’s full list of the Top 50 or view all 340 companies in 54 industries click here.

Top 10 World’s Most Admired Retailers

1. Apple
Apple holds onto the coveted No. 1 spot as Fortune’s World’s Most Admired Company for the ninth year in a row. Apple introduced the Macintosh in 1984 and today the company offers innovation with the iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, OS X, watchOS and tvOS — provide experiences across all Apple devices and services including the App Store, Apple Music, Apple Pay and iCloud.

2. Amazon
Founded by Jeff Bezos, the Amazon.com website started in 1995 as a place to buy books because of the unique customer experience the Web could offer book lovers. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon.

3. Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting arabica coffee. Today the company connects with millions of customers every day with more than 23,000 retail stores in 70 countries. Among its more recent innovations, Starbucks Mobile Order & Pay allows customers to place and pay for orders in advance of their visit and pick them up at one of the more than 7,400 U.S. participating Starbucks locations. The mobile ordering experience is seamlessly integrated into Starbucks’ mobile app and My Starbucks Rewards loyalty program.

4. Nike
NIKE, Inc., based near Beaverton, Oregon, is a designer, marketer and distributor of athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly owned NIKE, Inc. subsidiaries include Converse Inc. and Hurley International LLC. Nike recently hired Adam Sussman as the athletic apparel company’s first chief digital officer.

5. Costco
The Costco story begins in 1976, when entrepreneur Sol Price introduced a groundbreaking retail concept in San Diego, California. Price Club was the world’s first membership warehouse club. Jim Sinegal, the executive vice-president of merchandising, distribution and marketing, was instrumental in fine-tuning the merchandise and marketing strategies, and channeled his expertise into co-founding Costco Wholesale with Jeff Brotman, opening the first warehouse in Seattle, Washington in 1983. In 1993, the two mega-retailers merged, and today Costco warehouses carry about 4,000 SKUs.

6. Nordstrom
Fashion specialty retailer Nordstrom, Inc. was founded in 1901 as a shoe store in Seattle. Today Nordstrom operates 323 stores in 39 states, including 121 full-line stores in the United States, Canada and Puerto Rico; 194 Nordstrom Rack stores; two Jeffrey boutiques; and one clearance store. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. Nordstrom made RIS News’ “The Five Retailers That Matter” list in January 2016.

7. Whole Foods Market
Grocer Whole Food Market is No. 24 on the Fortune’s 2016 list for all industries, and is No. 1 in its category for quality of products and services, innovation, people management and social responsibility. Whole Foods Market opened in1980 and has grown to more than 435 stores, throughout the U.K., Canada, and in 42 U.S. states.

8. CVS Health
CVS Health is a pharmacy innovation company with approximately 9,600 retail pharmacies, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with more than 75 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, and expanding specialty pharmacy services. In 2015, CVS Health announced an agreement to acquire Target’s pharmacy and retail clinic businesses. CVS will operate them through a store-within-a-store format.

9. Home depot
The Home Depot is the world’s largest home improvement specialty retailer, with 2,274 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2014, The Home Depot had sales of $83.2 billion and earnings of $6.3 billion.

10. Target
The first Target store opened in 1962 in Minneapolis. Today Target Corporation has 1,792 stores and is one of the largest discount retailers in the U.S.

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