Total retail sales in the United States was forecast to amount to 5.23 trillion U.S. dollars in 2024, up by 13 billion U.S. dollars in the previous year. Retail establishments come in many forms such as grocery stores, restaurants, and bookstores. There are around four million retail establishments in the United States. Leading companies in U.S. retail The domestic retail market in the United States is very competitive, with many companies recording substantial retail sales. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers. American retailers worldwide Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of American retailers doing business on a global scale. The success of U.S. retailers can also be seen through their performance in online retail. Amazon is a prime example of this, with the company’s sales revenue flourishing over the previous years.

The rapid ascent of e-commerce and omnichannel strategies is reshaping consumer engagement and purchasing patterns, driving a wave of transformation across the retail trade sector. As of 2025, the sector is expected to log $7.4 trillion in revenue, although its growth is anticipated to decelerate slightly to 0.4% in the current year. Gen Z and millennials have championed the digital shopping revolution, pushing retailers to prioritize online sales and customer engagement platforms. However, brick-and-mortar stores retain a pivotal role in supporting ongoing customer engagement alongside the online momentum as retailers blend physical and digital experiences. As automation has augmented efficiency across operations, retailers have also strategically diversified product lines and incorporated sustainability into their brands to meet changing consumer expectations. Over the past five years, the retail sector has seen a compound annual growth rate of 2.2%, which underscores the impact of diversified strategies in maintaining momentum. The adoption of automation has produced mixed results. Self-checkout systems, for example, have reduced payroll expenses for businesses while streamlining the customer experience, though several studies have reported that some customer segments dislike self-checkout due to technological glitches and some retailers have struggled with implementation and reported a rise in theft. Major chains like Target have honed their product diversification strategies, transforming their stores into one-stop shops that blend essential goods with discretionary items and healthcare, driving up revenue in multiple categories. Sustainability is another theme of the current period, with the sector’s commitment marked by increased budgets for eco-friendly practices and a growing market for pre-owned goods. Despite high inflation during the period giving way to high interest rates that stayed stagnant for a year before beginning to fall again in September 2024, retailers managed to navigate the challenges of economic fluctuations and keep consumer interest high through diversification. A projected compound annual growth rate of 0.9% for the next five years would set revenue on a steady path toward an expected $7.7 trillion through the end of 2030. Artificial intelligence is set to further revolutionize retail operations, enhancing stock management, logistics and consumer personalization. Augmented and virtual reality technologies will prove integral to engaging the tech-savvy younger generations by offering novel ways to interact with products before purchase. However, global trade tensions and tariffs could challenge profitability as retailers manage higher import costs. Reverse logistics will thrive as consumers’ eco-consciousness continues to grow, turning returns into revenue opportunities and aligning with trends toward sustainable consumption. The sector’s profit is expected to remain steady over the next five years, bolstered by consumers’ willingness to trade up to items that mix luxury and affordability.

Retail Sales in the United States decreased 0.90 percent in May of 2025 over the previous month. This dataset provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Number of Businesses statistics on the Retail Trade industry in the US

In 2023, gasoline station sales in the United States amounted to approximately 654.14 billion U.S. dollars, down from close to 739 billion dollars recorded a year earlier.

Total retail sales in the United States were projected to amount to *** trillion U.S. dollars in 2026, up from around *** trillion U.S. dollars in 2021. These figures included e-commerce and retail sales. Retail establishments come in many forms such as grocery stores, restaurants, and bookstores. There are around ************ retail establishments in the United States. Leading companies in U.S. retail The domestic retail market in the United States is very competitive, with many companies recording substantial retail sales. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers. American retailers worldwide Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of American retailers doing business on a global scale. The success of U.S. retailers can also be seen through their performance in online retail. Amazon is a prime example of this, with the company’s sales revenue flourishing over the previous years.

Retail Sales in the United States increased 3.30 percent in May of 2025 over the same month in the previous year. This dataset provides - United States Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

A detailed dataset exploring the retail industry in 2025, including market size, store counts, revenue trends, AI integration, and consumer behavior across the US and globally.

Key information about United States Retail Sales Growth

• United States Retail Sales grew 1.0 % YoY in May 2023, compared with a 1.6 % increase in the previous month.
• US Retail Sales Growth YoY data is updated monthly, available from Jan 1993 to May 2023, with an average growth rate of 4.7 %.
• The data reached an all-time high of 42.0 % in Apr 2021 and a record low of -15.8 % in Apr 2020.
• In the latest reports, Car Sales of US recorded 1,407,152.0 units in May 2023, representing a growth of 22.8 %.

Small specialty retail stores are influenced by broad macroeconomic variables rather than product-specific trends. Still, individual segments do respond to specific shifts in consumer preferences. In recent years, rising per capita disposable income has sustained demand throughout the retail sector. A recovery from the pandemic boosted consumer spending and encouraged consumers to return to brick-and-mortar stores. Specialty retailers were relatively unaffected by pandemic declines as high-income consumers and tobacco users, two significant markets for the industry, continued to spend. Competition from online and big-box retailers has risen, putting downward pressure on profit. More stores are expanding their online platforms to boost consumer reach and provide additional revenue streams. Rising operational costs have contributed to a slight dip in profit. Revenue for small specialty retailers is expected to swell at a CAGR of 4.0% to $68.4 billion through the end of 2025, including a hike of 2.0% in 2025 alone. Despite intensifying competition from discount department stores and online retailers, specialty retail stores have relied on serving a particular niche to remain successful. Big-box stores offer a one-stop shopping experience with lower prices for similar products. External competition has driven underperforming retailers to exit the industry, leaving nonemployers and small retail stores with low barriers to entry. Still, revenue gains have prompted the emergence of many new specialty retailers seeking to capitalize on the trend of shopping locally and broader sustainability trends. Small retailers have maintained a strong customer base by offering a unique in-store experience and high-quality products. Moving forward, small specialty retailers will continue expanding, albeit slower than in the previous five-year period. A gain in consumer spending and consumer confidence compounded by growing environmental awareness will support specialty retail store sales. Ongoing competition from large-scale retailers and declining smoking rates will mitigate specialty retailers' expansion. More consumers view consumer products, particularly luxury and nostalgic items, as sound investment options. Stores can benefit from this trend by stocking high-end goods that appeal to these consumers, focusing on popular brands. Revenue is expected to expand at a CAGR of 1.4% to $73.3 billion through the end of 2030.

Employment statistics on the Retail Trade industry in the US

This statistic shows the projected number of workers in the retail industry in the United States in 2019 and 2026, by size of firm. By 2026, the retail industry in the U.S. is projected to have more than **** million workers at firms employing 10,000 people or more.

The revenue in the e-commerce market in the United States was forecast to continuously increase between 2025 and 2029 by in total 498.2 billion U.S. dollars (+37.16 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 1.8 trillion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the e-commerce market was continuously increasing over the past years.Find other key market indicators concerning the average revenue per user (ARPU) and number of users. The Statista Market Insights cover a broad range of additional markets.

America AI in the Retail Market is Segmented by Channel (Omnichannel, Brick and Mortar, Pure-play Online Retailers), Solution (Software (On-premise and Cloud) and Service), Application (Apparel and Footwear, Food and Grocery, Electronics and Home Appliances, Home Improvement, and Other Applications), and Technology (Machine Learning, Natural Language Processing, Chatbots, Image and Video Analytics, and Swarm Intelligence).

Graph and download economic data for Gross Domestic Product: Retail Trade (44-45) in the United States (USRETAILNGSP) from 1997 to 2024 about GSP, retail trade, private industries, sales, retail, private, industry, GDP, and USA.

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.

Graph and download economic data for Value Added by Industry: Retail Trade as a Percentage of GDP (VAPGDPR) from Q1 2005 to Q4 2024 about value added, retail trade, private industries, percent, sales, retail, private, industry, GDP, and USA.

Market Size statistics on the Supermarkets & Grocery Stores industry in the US

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Retail Analytics Market Size 2025-2029

The retail analytics market size is forecast to increase by USD 28.47 billion, at a CAGR of 29.5% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing volume and complexity of data generated by retail businesses. This data deluge offers valuable insights for retailers, enabling them to optimize operations, enhance customer experience, and make data-driven decisions. However, this trend also presents challenges. One of the most pressing issues is the increasing adoption of Artificial Intelligence (AI) in the retail sector. While AI brings numerous benefits, such as personalized marketing and improved supply chain management, it also raises privacy and security concerns among customers.
Retailers must address these concerns through transparent data handling practices and robust security measures to maintain customer trust and loyalty. Navigating these challenges requires a strategic approach, with a focus on data security, customer privacy, and effective implementation of AI technologies. Companies that successfully harness the power of retail analytics while addressing these challenges will gain a competitive edge in the market.

What will be the Size of the Retail Analytics Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by the constant need for businesses to gain insights from their data and adapt to shifting consumer behaviors. Entities such as text analytics, data quality, price optimization, customer journey mapping, mobile analytics, time series analysis, regression analysis, social media analytics, data mining, historical data analysis, and data cleansing are integral components of this dynamic landscape. Text analytics uncovers hidden patterns and trends in unstructured data, while data quality ensures the accuracy and consistency of information. Price optimization leverages historical data to determine optimal pricing strategies, and customer journey mapping provides insights into the customer experience.

Mobile analytics caters to the growing number of mobile shoppers, and time series analysis identifies trends and patterns over time. Regression analysis uncovers relationships between variables, social media analytics monitors brand sentiment, and data mining uncovers hidden patterns and correlations. Historical data analysis informs strategic decision-making, and data cleansing prepares data for analysis. Customer feedback analysis provides valuable insights into customer satisfaction, and association rule mining uncovers relationships between customer behaviors and purchases. Predictive analytics anticipates future trends, real-time analytics delivers insights in real-time, and market basket analysis uncovers relationships between products. Data security safeguards sensitive information, machine learning (ML) and artificial intelligence (AI) enhance data analysis capabilities, and cloud-based analytics offers flexibility and scalability.

Business intelligence (BI) and open-source analytics provide comprehensive data analysis solutions, while inventory management and supply chain optimization streamline operations. Data governance ensures data is used ethically and effectively, and loyalty programs and A/B testing optimize customer engagement and retention. Seasonality analysis accounts for seasonal trends, and trend analysis identifies emerging trends. Data integration connects disparate data sources, and clickstream analysis tracks user behavior on websites. In the ever-changing retail landscape, these entities are seamlessly integrated into retail analytics solutions, enabling businesses to stay competitive and adapt to evolving market dynamics.

How is this Retail Analytics Industry segmented?

The retail analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  In-store operation
  Customer management
  Supply chain management
  Marketing and merchandizing
  Others


Component

  Software
  Services


Deployment

  Cloud-based
  On-premises


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Application Insights

The in-store operation segment is estimated to witness significant growth during the forecast period. In the realm of retail, the in-store operation segment of the market plays a pivotal role in optimizing brick-and-mortar retail operations. This segment encompasses various data analytics applications with

Value added created by the U.S. retail industry constituted *** percent of the gross domestic product (GDP) of the United States in the fourth quarter of 2023. Over the past four years, the retail industry's contribution to GDP increased by about *** percentage points.