Ronald Boire, CEO of Sears Canada, will take the top post at the bookseller in September, and current CEO Michael Huseby will become executive ...
Combined sales increased year over year 37.1%.
It’s still early in the research, but web-only merchants as a group continue to generate the most sales among this year’s Top 500 retailers, according to a preliminary analysis of data for the forthcoming 2012 Top 500 Guide.
The combined sales for the 94 merchants that have so far reported annual web sales increased 37.1% to $67.23 billion in 2011 from $49.04 billion in 2010. And web-only merchants make up the fastest-growing Top 500 merchant category so far with collective sales that increased year over year 38.8% to $56.01 billion in 2011 from $40.36 billion in the prior year. The results for the web-only merchants include Amazon.com, whose sales grew nearly 41% last year to $48.08 billion from $34.20 billion in the prior year. But even without Amazon, No. 1 in the Internet Retailer Top 500 Guide, sales for the remaining online-only retailers grew year over year 28.7% to $7.93 billion from $6.16 billion.
The analysis of 52 web-only merchants, 23 retail chains, 13 catalog/call center companies and 6 consumer brand manufacturers also reveals:
- Top 500 consumer brand manufacturers posted combined sales of $387.4 million in 2011 from $279.6 million in 2010, an increase of 38.5%.
- Store-based retailers continue to generate more business online. The combined web sales of chain retailers grew about 25.6% to $8.90 billion last year from $7.09 billion in 2010.
- Catalogers posted the lowest growth rate among all Top 500 merchant types in 2011, growing web sales 15% year over year to $1.92 billion from $1.67 billion.
- Without Amazon, the remaining 93 merchants experienced annual growth of 29% from sales of $14.84 billion in 2010 to $19.15 billion in 2011.