National Retail Federation
NEWS RELEASE
THE VOICE OF RETAIL WORLDWIDE
Liberty Place, 325 7th Street, NW, Suite 1100, Washington, DC 20004
Click here to view STORES Magazine's Favorite 50 Online Retailers article
For Immediate Release
Kathy Grannis (202) 783-7971
Harsh Economy Can’t Shake
Consumers’ Love for their Favorite Online Retailers
-STORES Magazine Ranks Favorite 50 Online Retailers in Annual List-
Washington, September 1, 2009 –
When it comes to Americans’ favorite retail websites, not much has changed among
the top 10, which speaks volumes about consumer’s love affair with their
favorite brands. Those are the findings of STORES Magazine’s Favorite 50 Online
Retailers survey, conducted by BIGresearch, which will be published in the
September issue of STORES.
“Even in one of the worst
economies modern retailing has seen, many online retailers are using the economy
as an opportunity to get back to the basics and focus on the customer, ” said
With only a few minor shifts
from
last year’s positions, large retailers like
Wal-Mart (#2),
Best Buy
(#4), JCPenney
(#5), Target
(#6), Kohl’s
(#7), Sears
(#10) and Macy’s
(#11) held on to their coveted spots, using celebrity endorsements, private
labels and exclusive promotions to attract online and in-store shoppers.
Landing the top spot once again
this year is the world’s largest online retailer,
Amazon.com.
Amazon recently acquired
Zappos.com
(#38) and benefits greatly from the plethora of smaller vendors that sell
through their site. Another pure-play online retailer who consistently ranks
among the favorites is
Overstock.com (#9). The auction site
eBay.com (#3)
slipped from No. 2 last year.
Rounding out the list is search
engine
Google.com (#8).
Debuting on the list this year
is online community
Craigslist.org (#25). During a time when price is the name of the game for
most people, Craigslist offers consumers a way to score slightly used, cheap
(and sometimes free) furniture, apparel and other personal or household items.
“The economy has had an intense
impact on Americans’ bottom line,” said Phil Rist, Executive Vice President,
Strategic Initiatives, BIGresearch. “No longer is it a hassle to cross towns to
find the best deal possible if it saves the family a few extra dollars for
groceries or other essential purchases.”
Other newcomers to the Favorite
50 list this year include
Meijer
(#42),
Forever 21 (#44),
REI (#49) and
Fashion
Bug (#50).
STORES Magazine’s Favorite 50
Online Retailers is a list of eCommerce websites as ranked by the consumers who
use them. The survey polled 8,635 consumers and asked two open-ended questions:
“What website do you shop most often for apparel items?” and “What website do
you shop most often for non-apparel items?” No merchants names were listed or
suggested. The final list was assembled by ranking online companies in order of
total mentions.
BIGresearch is a consumer market intelligence firm that provides unique
consumer insights that are gathered online utilizing very large sample sizes.
BIGresearch’s syndicated Consumer Intentions and Actions survey monitors the
pulse of more than 8,000 consumers each month to empower its clients with unique
insights for identifying opportunities in a fragmented and changing marketplace.
STORES Media is the publishing and communications group of the National Retail
Federation (NRF), the world’s largest retail trade association. STORES Media
offerings include STORES Magazine (print and digital versions), STORES.org,
STORES Knowledge Series, STORES First Edition and STORES Retail Deals. STORES
products report on the broad spectrum of strategic issues facing senior retail
executives, including: retail technology, supply chain and logistics, credit and
payment systems, loss prevention, human resources, online retailing,
communications, marketing, merchandising and other vital store operations.
The
National Retail Federation is the world's largest retail trade association,
with membership that comprises all retail formats and channels of distribution
including department, specialty, discount, catalog, Internet, independent
stores, chain restaurants, drug stores and grocery stores as well as the
industry's key trading partners of retail goods and services. NRF represents an
industry with more than 1.6 million
###