9 of the Best Retail Companies in America

E-commerce has become an integral part of retail systems worldwide. It is one of the most important pillars in the field of product marketing, increasing sales, and providing various services and commercial activities. Most stores, companies, service and commercial institutions already established on the ground have turned to creating websites to increase the buying and selling process and raise the level of companies' profits through electronic communication with the customer. In today's article, we will discuss retail companies in America and provide sufficient information about these companies.

Retail companies in America

Includes:

1. Apple Inc.

  • An American multinational technology company.
  • The company specializes in the manufacture of consumer electronics, software, and electronic services.
  • The company is headquartered in Cupertino, California, USA.
  • The company's revenues exceeded all its competitors, making it the number one company in terms of revenue percentage.
  • It is the second largest manufacturer of smartphones and laptops in the world.
  • One of the top five US IT companies.
  • Its products have gained the admiration of a large percentage of customers around the world due to the many unique features that are not found in the products of other companies.
  • Address: California, USA

2. Audible Store

  • It is the largest retail store in the United States.
  • An online store that offers audiobooks and podcasts.
  • The store offers the opportunity to purchase audiobooks and spoken word content.

3. Microsoft Corporation

  • Microsoft is a multinational corporation with a very high financial return. It was founded by Bill Gates and operates in the software field.
  • The number of employees in the company reached 114 thousand workers in 2016.
  • It is the largest software company that has generated financial revenue to date.
  • The company develops and manufactures software applications on a wide range of platforms.
  • The company's headquarters are located in Washington, USA.
  • Address: Washington, D.C., USA

4. Netflix

  • It is an American company that works in the field of live movie and video-on-demand streaming, and has been an entertainment company since its founding in 1997.
  • CD delivery by mail is one of the services provided by the company.
  • The company's scope of work has expanded to include television production and online video distribution.

5. Sears Holdings Inc.

  • Founded in 2005, it is an American retail holding company.
  • It declared bankruptcy in 2019, then was transferred to a new owner who developed it and eliminated the negatives that led to its downfall, until its shares rose again in the market and it was revitalized.

6. The Home Depot

  • The Home Depot is one of the largest home improvement companies in the United States.
  • A leading company in the field of retail sales, reaching the end customer.
  • Founded in 1978, it operates several stores in the United States.
  • Provides modern home appliances, tools and furniture.
  • The company's headquarters are located in Atlanta, Georgia, USA.
  • Address: Atlanta, USA

7. Target Corporation

  • Target is one of the largest retail companies in the United States and is ranked eighth among retailers.
  • The company was founded in 1902 by George Dayton with headquarters in Minneapolis.
  • The company's first store opened in 1962 in Roosevelt, Minnesota. The company acquired several chain stores to expand its business.
  • Formerly called City Target, the name was changed to Target Express before being merged under the Target brand.
  • The company has more than 1,830 stores across the United States.
  • It competes with many major brands by relying on low prices.

8. Nike

  • An American multinational company specializing in the sale of sports equipment and clothing.
  • Founded in 1964 as Blue Ribbon Sports by Bowerman and Philip Knight.
  • The company's name changed to Nike in 1978, becoming a leading sportswear brand.
  • It is the largest distributor of athletic shoes in the world.
  • The company's name is derived from the Greek god of victory.
  • The company includes a number of other sports brands, including Cole Haan, Hurley International, Converse Inc., and Emporio.
  • It is one of the leading companies in the field of retail sales.

9. Cosco

  • An American multinational retail company operating in direct customer contact and considered one of the largest companies in this field.
  • COSCO was founded in 1983 in Washington, USA.
  • The company sells a wide range of goods including home furniture, electronics and jewelry.
  • The company owns a chain of stores spread all over the world.
  • The company's success is based on competitive prices that attract customers with confidence.

What is the largest online retail store in the world?

There are many retail stores in the world., But now we mention the biggest of them all, which is the Amazon store, which has the following:

  • Amazon is an American company headquartered in Washington, D.C., founded in 1994 by Jeff Bezos. It was initially called Cadabra and then changed to Amazon a year later.
  • A company specializing in e-commerce and one of the largest retailers in the world.
  • Amazon is the fifth largest US IT company.
  • Amazon began as a bookstore and has since expanded to selling DVDs, book downloads, audiobooks, and software.
  • Then it moved into offering clothing, accessories, jewelry, shoes and retailing to the original customers.
  • Amazon has gained the trust of the largest number of customers around the world and is present in most countries around the world.
  • Amazon offers international shipping to some countries.

Who are the wholesalers?

Wholesalers are traders who communicate with producing factories, importing companies, and farms to acquire various types of goods and distribute them to small traders.

How does the retail process work?

Retail sales are conducted by a service provider or product seller, either directly or indirectly through e-commerce and online sales. The transaction is with an individual customer for personal use of the product, and the customer is the end user of the service. The following are the types of retail sales prevalent around the world:

1. Long fragmentation

Long-term products include cars, home appliances, computers, furniture, etc., in analogy to the previous examples.

2. Consumer goods

Consumer goods that are used daily and expire after a period of less than long retail life, such as shoes, clothing, toiletries, and cosmetics.

3. Foodstuffs

It is all food items that are consumed on a daily basis, such as meat, fish, poultry, bread, and other goods.

4. Technical materials

Such as movies, books, novels, music books and the like.

5. Technology services

Technology services include creating and developing computer programs and creating high-spec applications.

What are the functions of retail trade?

Retail jobs include working in several steps, as follows:

  1. Assembling products from factories, suppliers, wholesalers, farms and wholesale offices.
  2. Classifying, distributing, and dividing products into smaller quantities or units to be presented to the consumer.
  3. Pricing of retail products based on the monetary value of each package.
  4. Storing goods in a manner that ensures their safety in warehouses as a reserve stock to ensure that products reach consumers.
  5. Providing credit facilities to customers and meeting their needs.
  6. Solve customer problems by providing simple solutions at a lower cost to ensure customer satisfaction.
  7. Offering goods to markets through small shops and kiosks.

What is the difference between retail and wholesale?

If we talk about the difference between retail and wholesale, we can summarize it in several points as follows:

  1. Wholesale trade involves selling goods in large quantities to small shop owners, while retailers sell smaller quantities.
  2. The price of goods in wholesale is much lower than in retail.
  3. Wholesale trade involves distributing a larger proportion of goods in a shorter period of time than retail trade.
  4. In the retail system, direct communication takes place between the consumer and the goods, while in the wholesale system, communication takes place with small traders.

Who do retailers sell their products to?

Retail products are sold to the end consumer who uses the goods, and are sold through small shops, kiosks, or suppliers via social media.

In our article today, we discussed with you companies Retail In America, what is the largest online retail store in the world? What is the difference between retail and wholesale? What are the functions of retail? How does the retail process work?

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