Whole Foods Market Inc.(NASDAQ: WFMI) is now ranked as the 60th largest U.S. retailer. WFMI is the world’s largest natural and organic foods grocer, and was ranked based on 2004 revenue of nearly $3.9 billion. Whole Foods Chairman and CEO John Mackey “is pushing the right buttons for the organic crowd, foodies, urban tastes and, best of all, developers who want his stores as anchor[s] to draw other tenants,” according to the latest issue of Stores magazine, published by the National Retail Federation.
Wal-Mart Stores Inc. (NYSE: WMT) tops the list with $288.2 billion in revenue last year. No. 2 is The Home Depot Inc. (NYSE: HD) at $73.1 billion, followed by Kroger Co. (NYSE: KR) with $56.4 billion.
According to Rick Gallagher, publisher of Stores, “Stores are looking for unique ways to expand their product lines in an effort to differentiate themselves. Retailers are no longer just competing with other stores in their segment, they are competing with everyone, making the environment extremely challenging.”
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