Retail Issue/•Retailer

2014년 Top 100 Retailers Chart 2014 - Hobby and Crafts

Paul Ahn 2014. 6. 24. 12:43

Top 100 Retailers Chart 2014 - Hobby and Crafts

https://nrf.com/news/top-100-retailers

 

 

 

Hobby and crafts is the smallest of the power player groupings in terms of domestic sales, with a combined total of just over $9.3 billion. Category leader by sales volume is Michaels Stores, which had more than its share of adverse publicity this year.

 

Things were much better in the sales arena, where Michaels Stores posted a 3.7 percent increase for last year and followed up with a 5.9 percent year-over-year increase in the first quarter of the current fiscal year. House labels and private brands drove 48 percent of net sales in fiscal 2013, the company says; the fourth quarter accounts for 34 percent of sales and 46 percent of operating income.

 

Hobby Lobby’s profile was raised by its challenge to some Affordable Care Act provisions, but the publicity didn’t appear to impact performance one way or the other. Year-over-year volume rose about 1 percent, even with the net addition of 35 stores last year. The company plans to open another 70 units this year, including its first in Oregon and Vermont.