The National Retail Federation has released its annual list of the Top 100 Retailers, and a Texas favorite is charging into the top 20.
Step aside “Here Everything’s Better” … now it’s “Here Everything’s Bigger.”
San Antonio-based H-E-B is No. 20 on the list with 2017 retail sales of $21.94 billion — and they did it with 330 stores. Only Apple managed higher sales with fewer stores.
H-E-B is a far piece from competing with the retailers atop the list (No. 1 WalMart, $374.80 billion; 2. Kroger, $115.89 billion; 3. Amazon, $102.96 billion), but they are within striking distance of national brands Aldi, Macy’s and Dollar General. H-E-B spent the last couple years at No. 21 on the list.
The list appears in the NRF magazine Stores. The “annual compendium” ranks “the industry’s largest companies according to sales.”
H-E-B is the sixth-ranked grocer and the top-ranked retailer in Texas, substantially ahead of Dallas-based 7-Eleven at No. 32.
Other Texas-based companies in the Top 100 are AT&T Wireless (No. 35), J.C. Penney Co. (38), Army & Air Force Exchange (61), Gamestop (69), Academy (78), Michaels (88), Exxon Mobil Corp. (92), Neiman Marcus (93) and Shell Oil Co. (95).
H-E-B’s roots go back to the C.C. Butt Grocery Store that Florence Butt opened in Kerrville in 1905. The business began growing when her son Howard E. Butt took over the family business and opened stores in Del Rio and Laredo in the 1920s.