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  • Interbrand Releases the 2014 Best Retail Brands Report

    2014/4/16

    DAYTON, Ohio, April 8, 2014 /PRNewswire/ -- Walmart maintains its #1 spot on Interbrand's 2014 Best Retail Brands list, and even with a 6% decline in brand value it preserves an enormous margin over the next closest brand. Four brands increased their brand value by more than 25% this year: Macy's, Whole Foods, Amazon and Cabela's.

    The global Best Retail Brands report ranks the top 50 North American and European retail brands by brand value, as well as the top retail brands from across Latin America and the Asia-Pacific. The report is produced in collaboration with Interbrand Design Forum, the retail experience group within Interbrand.

    In addition to being #1 in North America, Walmart is also the most valuable retail brand in the world, with a brand value of $131,877 billion. Looking beyond North America, the following brands are ranked as the top retailer in their respective regions:

    • H&M – USD $18,168 billion (Europe)
    • Woolworths - USD $4,948 billion (Asia-Pacific)
    • Natura - USD $3,156 billion (Latin America)

    From mobile shopping to virtual fitting rooms, retailers are evolving the customer journey through a digital lens. The report also suggests that major retailers are looking beyond their core business models to gain competitive advantage. They are doing this by using online innovation to bridge the divide between in-store and online shopping and by developing a strategic understanding of sales data so that they can meet customer needs and desires better and faster than ever before.  

    Commenting on the report, Dirk Defenbaugh, Managing Director of Interbrand Design Forum, said, "The world's best retail brands understand the complex and challenging relationships between analog and digital and have been quick to address changing shopper behaviors. By integrating the physical and virtual, making purchasing easier, enhancing service, and using storytelling, these leading brands are reimagining their offers, and creating unique experiences for consumers that convert browsers into buyers."

    North America Highlights
    For 2014 the total value of the top 50 North American retail brands is up by $18 billion. The threshold for the league table rose 11 percent compared to last year, with the #50 brand (Chico's) coming in with a value of $932 million compared to $836 million for Anthropologie last year.

    Looking at the Top 10 retail brands in North America, the first five maintain their positions from 2013. Following Walmart is Target, who remains at #2 with a value of $27 billion, which is an 8% increase over 2013. The Home Depot holds at #3 with a brand value of $25 billion. Amazon is #4 at $23 billion, increasing 27% from last year. CVS/pharmacy rounds out the Top 5 nearing $18 billion, up 12%. Coach drops from #6 to #9, clearing the way for three other brands to move up. Walgreens is now #6 with an 8% rise. Sam's Club remains steady at $13 billion and takes the #7 position. eBay progresses to #8  with a 20% increase. Publix advances into the Top 10 for the first time, with a brand value just over $10 billion. With a 12% decrease in brand value Nordstrom falls out of the Top 10 this year and lands at #12.

    Top Risers
    This year four brands had significant increases, with brand value growing by more than 25%:

    • Macy's (+383%) is a great example of a retailer that has effectively managed its brand.  Macy's has been quick to respond to shoppers' new digital behaviors and rapidly become a leader in omnichannel retailing. It also keeps its brand well protected through the use of private label and has shown commitment to elevating the store experience. With three consecutive years of sales growth there is also increased confidence in the optimism around their financials.
    • Whole Foods (+173%) is the clear leader in the natural foods/organic grocery category and in 2013 it achieved increases in both same store sales and market share. To keep its brand robust, Whole Foods continues to experiment, including testing a new product mix and pricing structure for cost-conscious consumers.
    • Amazon (+27%) continues to dominate as the world's biggest e-tailer and saw net sales increase 22% in 2013. Nearly every retailer considers it to be a top competitor and its innovations are followed closely. Expanding into online advertising and original programming for its streaming video service, it's becoming a force to be reckoned with in the entertainment industry.
    • Cabela's (+27%), the outdoor and sports retailer,  is known for its tourist destination stores that draw millions, but in recent years it's found success in smaller footprints with more flexible floor plans. While these Outpost stores serve smaller towns, they consistently outperform legacy stores and are expected to be an important growth driver.

    New Brands & Brands that Fell Off  
    This is the first year that Canadian brands have been ranked alongside U.S. brands for a North America list. Three Canadian brands make the Top 50 for North America: Shoppers Drug Mart (#28, -5%), Lululemon Athletica (#29, -13%), and Canadian Tire (#38, - 3%).

    There are two other brands that are new to the list for 2014: Chico's (#50) makes the list for the first time and Advance Auto Parts (#46) returns to the list after falling off in 2013. The five brands that fell out of the Top 50 are Guess, Big Lots, Rent-A-Center, Radio Shack and Anthropologie.

    Visit BestRetailBrands.com to download the complete report.

    50 Most Valuable North American Retail Brands for 2014

    Rank

    Brand

    Country of Origin

    2014

    BRAND

    VALUE

    USD $m

    % CHANGE

    (BRAND

    VALUE)

    1

     Walmart

     USA

    131,877

    -6%

    2

     Target

     USA

    27,123

    8%

    3

     The Home Depot

     USA

    25,696

    12%

    4

     Amazon

     USA

    23,620

    27%

    5

     CVS/pharmacy

     USA

    17,779

    12%

    6

     Walgreens

     USA

    15,519

    8%

    7

     Sam's Club

     USA

    13,543

    0%

    8

     eBay

     USA

    13,162

    20%

    9

     Coach

     USA

    11,588

    -21%

    10

     Publix

     USA

    10,157

    2%

    11

     Lowe's

     USA

    9,634

    9%

    12

     Nordstrom

     USA

    8,957

    -12%

    13

     Costco

     USA

    8,286

    13%

    14

     Dollar General

     USA

    7,711

    8%

    15

     Victoria's Secret

     USA

    6,249

    2%

    16

     Macy's

     USA

    6,084

    383%

    17

     Kohl's

     USA

    5,825

    3%

    18

     Tiffany & Co.

     USA

    5,440

    5%

    19

     Staples

     USA

    4,931

    -11%

    20

     Best Buy

     USA

    4,793

    -41%

    21

     AutoZone

     USA

    4,669

    7%

    22

     Avon

     USA

    4,610

    -11%

    23

     Whole Foods Market

     USA

    4,166

    173%

    24

     Gap

     USA

    3,920

    5%

    25

     Bed Bath & Beyond

     USA

    3,860

    6%

    26

     Old Navy

     USA

    3,214

    15%

    27

     Sherwin-Williams

     USA

    3,118

    15%

    28

     Shoppers Drug Mart

     Canada

    3,111

    -5%

    29

     Lululemon Athletica

     Canada

    3,087

    -13%

    30

     Ross Dress for Less

     USA

    2,444

    16%

    31

     GameStop

     USA

    2,336

    -8%

    32

     T.J.Maxx

     USA

    2,123

    22%

    33

     Michaels

     USA

    2,035

    4%

    34

     Marshalls

     USA

    2,028

    19%

    35

     J.Crew

     USA

    1,868

    3%

    36

     PetSmart

     USA

    1,812

    10%

    37

     Banana Republic

     USA

    1,795

    2%

    38

     Canadian Tire

     Canada

    1,760

    -3%

    39

     Dick's Sporting Goods

     USA

    1,528

    7%

    40

     Dollar Tree

     USA

    1,496

    14%

    41

     Tractor Supply Co.

     USA

    1,492

    16%

    42

     Bath & Body Works

     USA

    1,421

    7%

    43

     American Eagle Outfitters

     USA

    1,294

    8%

    44

     Family Dollar

     USA

    1,183

    17%

    45

     Urban Outfitters

     USA

    1,122

    -5%

    46

     Advance Auto Parts

     USA

    1,109

    NEW

    47

     Buckle

     USA

    1,082

    6%

    48

     Cabela's

     USA

    1,066

    27%

    49

     Express

     USA

    983

    15%

    50

     Chico's

     USA

    932

    NEW

     

    Note: These figures are expressed in millions, so Walmart's value of $131,877 is $131 billion. At the bottom of the list, Chico's value is $932 million.

    About Interbrand Design Forum
    Since 1978, we have been creating retail brand experiences for companies around the world. Interbrand Design Forum's talent for game-changing innovation led us to create a business model that integrates brand strategy, insights, retail design, digital, documentation and rollout to provide clients with a comprehensive offering. By bringing together a diverse range of insightful thinkers, we deliver solutions that are rigorously analytical and highly creative through the Interbrand network of 1,200 associates around the globe.

    About Interbrand
    Founded in 1974, Interbrand is one of the world's largest branding consultancies. With nearly 40 offices in 29 countries, Interbrand's combination of rigorous strategy, analytics, and world-class design enables it to assist clients in creating and managing brand value effectively, across all touchpoints, in all market dynamics. Interbrand is widely recognized for its annual Best Global Brands report, the definitive guide to the world's most valuable brands, as well as its Best Global Green Brands report, which identifies the gap between customer perception and a brand's performance relative to sustainability. It is also known for having created brandchannel.com, a Webby-award winning resource about brand marketing and branding. For more information on Interbrand, visit Interbrand.com.

     

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