This statistic shows the share of Walmart and Walmart Supercenter customers in the United States as of 2016, sorted by income. As of 2016, it was found that 26.8 percent of Walmart and Walmart Supercenter shoppers had an income of between 25,000 and 49,900 U.S. dollars.
When it comes to share of people who bought groceries at Walmart in the United States, ** percent of 18 - 29 year olds do so in the U.S. This is according to exclusive insights from the Consumer Insights Global survey which shows that ** percent of 30 - 49 year old consumers also fall into this category.Statista Consumer Insights offer you all results of our exclusive Statista surveys, based on more than ********* interviews.
Customer satisfaction with Walmart was lower than the national average for supermarkets in the United States in 2024. Walmart recorded an index score of **, which was five index points below the average supermarket rating of **. The index score is based on a 100-point scale. The highest-ranking supermarket in that year was the trio of H-E-B, Costco and Publix, with a score of ** each. Walmart origins Walmart, formerly known as Wal-Mart Stores, Inc., is the world’s largest retail company, with total global revenue amounting to *** billion U.S. dollars in fiscal year ended January, 2024. The first Walmart store was opened in Rogers, Arkansas by Sam Walton in 1962. The company went public in 1970 as it continued to expand. With store growth came new store formats – the first Sam’s Club membership-only warehouse retailer opened in 1983 and the first Walmart Supercenter in 1988. The company went on to expand into Central and South America, Canada, China, South Africa and the United Kingdom. In 2023, there were over 10,000 Walmart stores worldwide.
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Over the five years to 2024, online home furnishing sales have experienced considerable growth, driven by pivotal trends and market dynamics. The rapid acceleration of online shopping, particularly triggered by the COVID-19 pandemic, led to a notable surge in online sales as consumers focused on enhancing their living spaces during lockdowns. With physical retail locations operating at limited capacities or closed entirely, demand for home furnishings through digital channels increased significantly. Generational shifts have also played a crucial role, with Millennials and Gen Z driving sales due to their comfort with digital platforms and preference for convenience and customization. Intensifying competition has pushed retailers to innovate with unique product offerings, superior customer service and eco-friendly practices, contributing to industry revenue growing at a CAGR of 9.4% reaching $15.5 billion over the five years to 2024, including an anticipated 0.6% bump in the final year. In this period of expansion, profitability faces substantial challenges due to rising competition. The influx of new entrants, both startups and traditional retailers pivoting to digital, has heightened competitive pressure, leading to price-based strategies that may compress profit. To maintain profitability, online home furnishing retailers emphasize differentiation strategies, such as personalized product offerings and sustainability initiatives. These strategies address evolving consumer preferences and enable companies to stand out in a densely populated market. Achieving operational efficiencies and maintaining stringent cost management will be key for companies to sustain profit levels amid these competitive dynamics. Looking ahead to the five years to 2029, online home furnishing sales are expected to sustain growth, though at a moderated pace. The convenience and diverse offerings of online shopping will continue to drive revenue opportunities, enticing both new and established players. However, this growth will further exacerbate competitive pressures, necessitating ongoing innovation and adaptation to evolving consumer expectations. Trends in personalization and sustainability present distinct opportunities for differentiation, allowing companies to leverage these shifts in consumer priorities. Despite the challenges, industry revenue is projected to grow at a CAGR of 6.2%, reaching $20.9 billion over the five years to 2029, as businesses strategically position themselves to capture and expand market share in a dynamic landscape.
In the fiscal year ended January 31, 2024, Walmart's global net sales amounted to 642.6 billion U.S. dollars, an increase of approximately six percent in comparison to a year earlier.
Walmart Walmart was founded in 1962 by Sam Walton when he and his brother James “Bud” Walton opened the first Wal-Mart Discount City in Rogers, Arkansas. Since then, Walmart has grown to become the largest publicly-owned retail company in the world. In the United States, the company includes Walmart discount stores, supercenters, neighborhood markets, and Sam’s Club warehouse membership clubs. The company also has many international operations. Walmart is considered a variety store which focuses on low prices featuring apparel as well as hard goods, and has been committed to upholding their basic value of customer service. Beginning in the early 1990s, Walmart went to great lengths to increase their market share. They introduced a full line of groceries into their stores, diversified their market by appealing to certain ethnic groups through bilingual advertisements, and took steps to promote the awareness of environmental issues.As of 2024, Walmart operated 10,616 stores worldwide; with 4,615 of those stores located in the United States alone.
In 2024, global retail e-commerce sales reached an estimated ************ U.S. dollars. Projections indicate a ** percent growth in this figure over the coming years, with expectations to come close to ************** dollars by 2028. World players Among the key players on the world stage, the American marketplace giant Amazon holds the title of the largest e-commerce player globally, with a gross merchandise value of nearly *********** U.S. dollars in 2024. Amazon was also the most valuable retail brand globally, followed by mostly American competitors such as Walmart and the Home Depot. Leading e-tailing regions E-commerce is a dormant channel globally, but nowhere has it been as successful as in Asia. In 2024, the e-commerce revenue in that continent alone was measured at nearly ************ U.S. dollars, outperforming the Americas and Europe. That year, the up-and-coming e-commerce markets also centered around Asia. The Philippines and India stood out as the swiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing ** percent.
By the end of 2024, total retail sales reached approximately **** trillion U.S. dollars, around a quarter of a billion U.S. dollar increase from the year before. Retail sales have steadily increased since 2009, as the economy recovered from the downward trend due to the recession following the 2007-2008 financial crisis, and most recently from the impact of the coronavirus (COVID-19) crisis. The United States as retail powerhouse The United States is home to many of the leading retail companies in the world, including Walmart, Costco, and Amazon. Amazon, in particular, has seen extreme levels of growth in revenue in tandem with the increase of e-commerce globally. The rise of e-commerce and mobile shopping E-commerce is responsible for a growing percentage of total retail sales, partially due to a surge in mobile shopping, with customers increasingly using their mobile devices for various online shopping activities. Smartphones accounted for more retail website visits than desktops or tablets, and matched desktops in generating online shopping orders.
In the financial year 2024, 22.36 percent of Target Corporation's merchandise sales corresponded to the food and beverage segment. Meanwhile, household essentials represented 17.47 percent of the total merchandise sales. Merchandise sales represent the vast majority of Target's revenues. The company also has other streams of revenue, including credit card profit-sharing income from their arrangement with the TD Bank Group. Beauty at Target In a 2024 survey among Generation Z in the United States, 10 percent of teenage girls named Target as a shopping destination they visited to buy beauty products. This may not sound high, but it earned Target third place of all shops in the country, ahead of other major retailers Walmart and Amazon. It was, however, a considerable distance behind the two most popular destinations, specialist beauty brands Sephora and Ulta. These findings are reflected in a different study of the same retailers, with Target having the third lowest average age of female beauty consumers, at 44 years old. Gen Z clothing purchases There is also a large Generation Z market available to Target in the clothing category. In 2023, Gen Z consumers voted big box stores, such as Target and Walmart, as the second most popular shopping destination for apparel, with 16 percent of responses. This was only one percentage point behind online stores.
Over the last several years, Costco has seen a yearly increase in its global net sales, rising from ***** billion U.S. dollars in 2014 to ***** billion U.S. dollars by 2024. Costco has made a name for itself worldwide as a members-only wholesale retailer with warehouse style stores. Costco in the U.S. Costco opened its first warehouse in Seattle, Washington in 1983 and has since expanded to become one of the most respected and valuable retailers in the United States and worldwide. Among the top three mass market retailers in the United States: Walmart, Costco, and Target; Costco had the highest average sales volume per store, at *** million U.S. dollars as of 2023. Costco Customers Costco sets itself apart from many other mass merchants by requiring customers to pay a yearly membership fee in order to shop at its locations. A 2023 survey found that the largest share of Costco’s American customer base is between the ages of 18 and 49 years. The company also prides itself in having the highest customer satisfaction rating of any department or discount store in the United States in 2023.
In 2023, Wayfair had retail sales of approximately ***** billion U.S. dollars in the United States. Williams-Sonoma was ranked second, with sales of about *** billion U.S. dollars that year. The home goods market in the United States The home goods market consists of the manufacture, distribution, and retail of home furniture, cookware, gardening equipment, and household accessories. The home décor market in the United States alone has been forecasted to generate **** billion U.S. dollars in revenue by 2028. The e-commerce segment of this market is also anticipated to witness growth over the next few years, with many consumers making their purchases online instead of at a physical home goods retailer. Furniture retail sales in the United States In 2024, almost ** percent of consumers surveyed shared that they would spend up to 1,000 U.S. dollars on furniture. The previous year, the average expenditure per consumer unit on furniture amounted to around ****** U.S. dollars. While Wayfair took the leading position amongst brick-and-mortar stores, consumers turned to Amazon, Home Depot, and Walmart when shopping for furniture online.
In 2024, close to 137 million people had paid for a yearly Costco membership. The number of cardholders has been growing steadily since 2014. Costco Wholesale Corporation is a growing membership-only retail company, which offers goods in bulk at competitive prices. Top retail brands Costco had a brand value of approximately 60 billion U.S. dollars in 2024, making it the fourth most valuable retail brand in the world that year. The top three included companies, such as Amazon and Walmart. Based on revenue, however, Walmart Inc. was the leading retailer by far, generating over 572 billion U.S. dollars in 2021. In that year, Costco Wholesale Corporation reached a revenue of more than 195 billion U.S. dollars. Costco growth Costco’s worldwide revenue numbers have been increasing steadily with each consecutive year and are expected to continue growing. Additionally, the number of Costco warehouses has been on the rise. Between 2011 and 2024, the number of warehouses operated by the company has grown by close to 300.
From 2004 to 2024, the net revenue of Amazon e-commerce and service sales has increased tremendously. In the fiscal year ending December 31, the multinational e-commerce company's net revenue was almost *** billion U.S. dollars, up from *** billion U.S. dollars in 2023.Amazon.com, a U.S. e-commerce company originally founded in 1994, is the world’s largest online retailer of books, clothing, electronics, music, and many more goods. As of 2024, the company generates the majority of it's net revenues through online retail product sales, followed by third-party retail seller services, cloud computing services, and retail subscription services including Amazon Prime. From seller to digital environment Through Amazon, consumers are able to purchase goods at a rather discounted price from both small and large companies as well as from other users. Both new and used goods are sold on the website. Due to the wide variety of goods available at prices which often undercut local brick-and-mortar retail offerings, Amazon has dominated the retailer market. As of 2024, Amazon’s brand worth amounts to over *** billion U.S. dollars, topping the likes of companies such as Walmart, Ikea, as well as digital competitors Alibaba and eBay. One of Amazon's first forays into the world of hardware was its e-reader Kindle, one of the most popular e-book readers worldwide. More recently, Amazon has also released several series of own-branded products and a voice-controlled virtual assistant, Alexa. Headquartered in North America Due to its location, Amazon offers more services in North America than worldwide. As a result, the majority of the company’s net revenue in 2023 was actually earned in the United States, Canada, and Mexico. In 2023, approximately *** billion U.S. dollars was earned in North America compared to only roughly *** billion U.S. dollars internationally.
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This statistic shows the share of Walmart and Walmart Supercenter customers in the United States as of 2016, sorted by income. As of 2016, it was found that 26.8 percent of Walmart and Walmart Supercenter shoppers had an income of between 25,000 and 49,900 U.S. dollars.