CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
GameStop tops retail sales growth list
Stores magazine's list of 'Hot 100' firms with fastest-growing annual sales also includes Overstock.com, Children's Place. Wal-Mart at No. 78.
By Parija B. Kavilanz, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) -- In a new industry ranking Tuesday, video game specialist GameStop, online merchant Overstock.com and kids' apparel merchant Children's Place took the top three slots in a list of the "Hot 100" retailers with the fastest-growing annual sales.

It's the first year that Stores magazine, a monthly publication of the National Retail Federation (NRF), has put out such a list.

data1.gif

The "Hot 100" ranking considered all public retailers with sales more than $100 million.

"Revenue is frequently a reliable gauge of customer support, while profit is an indicator of how well the store is run," Stores publisher and NRF Vice President Rick Gallagher said in a statement.

"Investors will tell you that smaller companies often have greater potential for growth, and that is certainly reflected throughout the 'Hot 100,'" Gallagher said. "We think the list represents a fresh approach to identifying the retail companies to watch."

Rounding out the top 10 were Federated Department Stores (Charts), owner of Macy's and Bloomingdale's chains, at No. 4, teen clothier Abercrombie & Fitch at No. 5, trendy fashion seller bebe Stores at No. 6, upscale casual apparel seller Coldwater Creek at No.7, women's apparel merchant Dress Barn at No. 8, fashion apparel and accessories retailer Urban Outfitters at No. 9 and women's clotheir Chico's FAS at No. 10.

Wal-Mart (Charts), the world's largest retailer, didn't fare as well, ranking at No. 78 with a 9.5 percent year-over-year sales increase.

The report said the top performers achieved impressive year-over-year sales gains in different ways. GameStop (Charts) took in a 67.8 percent year-over-year sales increase in 2005, grew because of its acquisition last year of competitor EB Games.

Children's Place (Charts) saw its year-over-year sales jump 44.2 percent in 2005 because of its purchase of Disney Stores in 2004.

Other retailers experienced substantial sales growth by tweaking their marketing strategy, the report said.

Among them, Abercrombie & Fitch (Charts) integrated its "sexy" and controversial marketing campaigns last year to boost its predominantly college-going customer base, sales and unit growth. Abercrombie's sales grew 37.8 percent year-over-year.

Some companies boosted their sales growth by expanding the number of channels in which they do business. By developing from a catalog merchant to a retailer with a brick-and-mortar and Internet presence helped Coldwater Creek (Charts) to grow its year-over-year sales in 2005 by 35.5 percent, the report said.

Wal-Mart is still No. 1 with total annual revenue of $312 billion, but the retailer's bulky operations have slowed down earnings and same-store sales growth versus its peers.


Wal-Mart: 'Auf Wiedersehen' Germany, Hello India.

8 global giants to watch. Top of page

YOUR E-MAIL ALERTS
Follow the news that matters to you. Create your own alert to be notified on topics you're interested in.

Or, visit Popular Alerts for suggestions.
Manage alerts | What is this?
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.