Amazon Challenging Walmart in Kantar "Power Retailer" Ranking
November 5, 2012,
LONDON-Amazon.com is gaining ground as a "Power Retailer" of the future, according to a survey by Kantar Retail.
In this year's ranking of Power Retailers, the website increased its power ranking for 9.3 percentage points to finish at 16.2 percent. Walmart finished on top of the list with a 71.3 percent power ranking, although its ranking was down 9.5 percentage points.
Those companies that ranked near the top had strategies that aligned with those of their partners and placed customers as the central focus of those strategies, Kantar said.
Among the other top five were Target at 44.6 percent (up 0.2 percentage point from last year), Kroger at 38.2 percent (down 8.8 percentage points) and Costco at 32.9 percent (down two percentage points).
Other Articles By Author
HFN Launches Interactive Idea Book
HFN's DIGITAL EDITION
COVER STORY: HFN Turns 90
We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.
ALSO IN THIS ISSUE:
- Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
- Omnichannel Retailing - In the Mobile App World, Time is Money