2022 Hot 25 Retailers List

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The Hot 25 Retailers ranks the nation’s fastest-growing retail companies. Rankings are determined by increases in domestic sales between 2020 and 2021; all retail companies with global sales in excess of $2 billion were eligible. Read more about what companies made the list and why, or view 2022’s list below. 

Rank Company U.S. sales growth ('21 v '20) U.S. sales added (millions) 2020 U.S. retail sales (millions) 2021 U.S. retail sales (millions) Expand all
1 Harbor Freight Tools 93.40% $2,283 $2,443 $4,726
2 Inditex 76.60% $405 $529 $933
3 Burlington 65.80% $3,708 $5,633 $9,342
4 Dillard's 53.20% $2,215 $4,160 $6,375
5 TJX Companies 51.30% $12,907 $25,175 $38,082
6 Ross Stores 51.00% $6,381 $12,513 $18,894
7 Wine.com 50.00% $178 $355 $533
8 Designer Brands 48.70% $906 $1,863 $2,770
9 H&M 47.20% $1,067 $2,259 $3,326
10 Five Below 45.20% $886 $1,962 $2,848
11 Macy's 41.30% $7,079 $17,149 $24,227
12 Express 41.20% $563 $1,367 $1,930
13 Ulta Beauty 40.20% $2,477 $6,154 $8,631
14 Nordstrom 38.30% $3,809 $9,932 $13,741
15 REI 37.30% $770 $2,066 $2,836
16 Chico's 35.90% $551 $1,535 $2,087
17 Hudson's Bay 35.30% $1,174 $3,325 $4,499
18 Lululemon 33.50% $1,020 $3,039 $4,059
19 RH 32.30% $916 $2,839 $3,755
20 Urban Outfitters 32.20% $897 $2,790 $3,687
21 Primark 31.90% $45 $142 $187
22 American Eagle 31.60% $1,042 $3,295 $4,337
23 7-Eleven 31.60% $5,719 $18,120 $23,839
24 Signet Jewelers 30.60% $1,439 $4,704 $6,143
25 Verizon Wireless 27.70% $4,289 $15,492 $19,781

The Kantar-NRF U.S. Hot 25 Retailers list is the annual ranking of the nation’s most impactful and fastest-growing retail companies. Rankings are determined by year-over-year percentage increases in domestic sales. The focus on growth rate highlights hot, growing, companies without being overpowered by the largest retailers in the United States.

Retailer sales and growth figures are based on Kantar’s Retail IQ integrated research methodology. Kantar estimates sales of privately held companies, franchise sales and domestic sales when the figures are not self-reported. This removes the impact of the companies’ investments in international operations from the growth rankings to give a true perspective on the situation in the U.S. retail market. To learn more about Kantar’s research and reporting methodology, visit https://retailiq.kantar.com/.