Top 10 Department Stores in the World 2020, Best Department Stores | Fact Sheet for the Global Department Store Industry (2023)

The world's top 10 department stores are contributing to a rapidly growing global department store industry in 2020. The global department store industry is projected to grow at a CAGR of 5% through 2025. Macy's, Kohl's, and Sears are the top large department stores. stores in the world by revenue. The global department store industry is mostly dominated by chains from the US, Japan and the UK, but this in-depth analysis by BizVibe adds new companies to the list from around the world.

This fact sheet is to assist business professionals, investors, and general readers interested in gaining information on the global department store industry, including:

• Find out which are the 10 largest department stores in the world in 2020.
• Global Department Store Industry Analysis: What are the outlook and growth projections in the industry?
• Connect with the world's leading department stores on BizVibe.

BizVibe is already helping the world's largest department store chains connect. Connect and stay up to date with the latest news and insights from these companies.

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• The US department store industry is worth $100 billion in 2020.
• The global department store industry is projected to grow by $198.5 billion, growing at a CAGR of 5%.
• The US is expected to maintain 3.9% growth in the department store sector.
• Overall, the global department store industry is poised to hit $683.7 billion by 2025.
• Macy's is the world's largest department store chain by revenue, exceeding $24.97 billion in 2019.
• Online department stores are booming as many brick-and-mortar stores close, in addition to flagship stores.

The world's top 10 department stores have dominated the market for decades and are transitioning into a new era of technology and online retail. The following companies built the global department store industry that provides us with all the convenient products for the home that we enjoy today. This is BizVibe's list of the best department stores in the world today.

1.macy's

Coming in at number one on the list of the 10 largest department stores in the world in 2020 is Macy's, an American department store chain founded in 1858 by Rowland Hussey Macy. Macy's is the world's largest department store chain by revenue, with revenue last year of more than $24.97 billion from its 613 stores worldwide. Macy's was founded in 1858 in New York and is the largest department store by sales. Macy's flagship Herald Square store in Manhattan is one of the largest department stores in the world in terms of size.

Macy's is an influential department store on this list due to stellar growth and consistent sales in the global department store industry. Macy's is currently innovating by transforming 282 of its stores for pickup and delivery, integrating stores with technology to improve.

• Foundation: 1858
• Macy's Headquarters: New York, New York, USA
• Macy's total revenue: $24.97 billion
• Number of Macy's locations: 613

Macy's 2020 Product Line

• Clothes
• shoes
• Accessories
• pajamas
• Furniture
• jewelry
• Beauty products
• household utilities

2.Kohl's

Kohl's is ranked 2^{North Dakota}on our list of the top 10 department stores in the world in 2020, with revenue last year exceeding $20.22 billion. Kohl's is an American department store retail chain, operated by Kohl's Corporation, which owns more than 1,158 stores worldwide, making it one of the world's largest department store chains by number of stores in operation and revenue. . Kohl's originally started as a grocery store and soon after, in 1962, expanded into one of the world's largest department store chains. Today, Kohl's operates some of the biggest brands, including Dana Buchman, Vera Wang and Narciso Rodríguez.

• Foundation: 1962
• Sede central de Kohl: Menomonee Falls, Wisconsin, EE. UU.
• Kohl's total revenue: $20.22 billion
• Number of Kohl's locations: 1,158
• Number of Kohl's employees: 85,000

Kohl's 2020 Product Line

• Clothes
• shoes
• pajamas
• Furniture
• Decor
• jewelry
• toys
• Home appliances
• Beauty products
• electronics
• household utilities

Kohl brand line 2020

• Luxury department stores: Dana Buchman, Vera Wang and Narciso Rodriguez.
• Top Celebrity Brands: Avril Lavigne, Lauren Conrad, Daisy Fuentes, Paula DeAnda, Jennifer Lopez, Marc Anthony, and Tony Hawk.
• Vaqueros Candie's and Mudd

3.To English Court

Rating 3^thirdOn this list of the largest stores in the world is El Corte Inglés, the largest group of stores in Europe. El Corte Inglés is headquartered in Madrid, Spain and serves Spain, the United Kingdom, Andorra, France and Portugal, employing 90,004 in its stores. As of 2020, El Corte Inglés is the only remaining department store in Spain.

The main store of El Corte Inglés includes many designer boutiques, such as Hermès, Louis Vuitton, Cartier, Armani, Armani Jeans, Armani Collezioni and Gucci.

• Foundation: 1940
• Headquarters of El Corte Inglés: Madrid, Spain
• Total income of El Corte Inglés: 17,010 million dollars
• El Corte Inglés Number of employees: 90,004

El Corte Inglés 2020 product line

• Clothes
• shoes
• Accessories
• pajamas
• Furniture
• jewelry
• Beauty products
• household utilities

2020 El Corte Inglés Brand Line

• Hermès, Louis Vuitton, Cartier, Armani, Armani Jeans, Armani Collezioni, Gucci, Loewe, Dockers, Ralph Lauren, Bulgari, Dior, Dior Homme, Georges Rech, Versace, Hugo Boss, Boss Woman, Ermenegildo Zegna, Tommy Hilfiger, Dolce&Gabbana, Burberry (male/female), Façonnable, Pal Zileri, Paul & Shark, Lacoste, Pavillon Christofle, CH by Carolina Herrera, Escada Sport, James Purdey and Sons, Lloyd's, Purificación Garcia, Calvin Klein, Caroll Paris, Amitie, Episode, store brands (Emidio Tucci, Dustin).

4.Nordstrom

Nordstrom is a United States-based luxury department store chain, founded in 1901 by John W. Nordstrom and Carl F. Wallin. Starting initially as a shoe store, Nordstrom has grown into a full-service department store chain selling clothing, footwear, handbags, jewelry, accessories, cosmetics, and fragrances. One of the most famous department stores in the world, Nordstrom operates 117 stores in 40 US states, three Canadian provinces since then, and one in Puerto Rico. Nordstrom had annual revenue of $15.86 billion last year, making it one of the world's top department stores in terms of revenue. Nordstrom is also notable for being one of the leading luxury department stores.

• Foundation: 1901
• Sede da Nordstrom: Seattle, Washington, EUA
• Nordstrom total revenue: $15.86 billion
• Nordstrom Number of locations: 101
• Nordstrom Number of employees: 74,000

Nordstrom 2020 Product Line

• Clothes
• shoes
• bags
• jewelry
• Accessories
• Cosmetic products
• Fragrance
• Home furniture
• Marriage

2020 Nordstrom Brand Lineup

• 34 assets
• 3LAB
• 42 gold
• with the girls
• aveda
• aviator nation
• VERO FASHION NOTICE
• Axel Arigato
• Hush Puppies®
• cabins and bay
• HUXTER
• hydro flask
• hiperice

5.Sears

arriving at 5^ºin this ranking of department stores is Sears, an American chain of department stores founded by Richard Warren Sears and Alvah Curtis Roebuck in 1893. This famous department store previously had its headquarters in the Sears Tower in Chicago, but now it maintains its headquarters in Hoffman Estates, Ill. Sears is notable for initially becoming famous for its mail-order catalogue, a pioneer in the department store chain industry. For most of the 1980s, Sears was the largest retailer in the US, but has since been surpassed by a few companies. Sears currently operates 425 stores around the world and currently operates many different types of stores, including Sears, Sears Grand, and Sears Travel.

• Foundation: 1892
• Sears headquarters: Hoffman Estates, Illinois, USA. UU.
• Total Sears revenue: $13.8 billion
• Number of Sears locations: 425

Sears 2020 Product Line

• Clothes
• shoes
• pajamas
• Furniture
• jewelry
• Beauty products
• Home appliances
• household utilities
• Tools
• toys

Sears subsidiaries

• Sears (línea completa), Sears Grand, Sears Portrait Studio, Sears PartsDirect, Sears Travel, Sears Home & Life, A&E Factory Service, Sears Home Services, Sears Flowers, Sears Driving School, Sears Hometown y Outlet Stores.

6.Marks y Spencer

Marks & Spencer is a large British multinational company headquartered in London, England, and is ranked sixth^ºon this list of the world's largest department store chains 2020. As of 2020, Marks & Spencer operates 959 stores across the UK, including 615 that sell only food. In 1998, Marks & Spencer became the first UK company to make a pre-tax profit of £1 billion. Last year, Marks & Spencer generated annual revenue of $12.65 billion.

Outside of the UK, the company also operates in Ireland, Paris, the Philippines, the Netherlands and many more. M&S operates many store formats, including outlets, home stores, full-line stores, in-house dining rooms, online stores, and more.

• Foundation: 1884
• Marks & Spencer Headquarters: London, England, United Kingdom
• Total Marks & Spencer revenue: $12.65 billion
• Number of Marks & Spencer locations: 1,463
• Number of Marks & Spencer employees: 80,000

Marks & Spencer brand line 2020

• For
• Autograph
• Limited
• rosie
• blue port
• M&S Collection
• M&S Energy

7.JC Penney

Rating 7^ºOn this list of the world's leading department stores is J.C. Penney, an American department store chain with 865 locations in 49 US states and Puerto Rico. Last year, J.C. Penney generated annual revenue of $12.01 billion, ranking seventh^ºin revenue, as well as among the largest department store chains in the world. Since 1998, the company has also become an Internet retailer and has started to open some independent stores to meet the demands of consumers.

• Foundation: 1902
• C. Penney headquarters: Plano, Texas, USA. UU.
• C. Penney total revenue: $12.01 billion
• C. Penney Number of locations: 853
• C. Penney Number of employees: 95,000

J.C. product line Pennies 2020

• Clothes
• Cosmetic products
• electronics
• shoes
• Furniture
• household utilities
• jewelry
• toys
• Home appliances

8.Isetan Mitsukoshi

The Isetan Mitsukoshi Group is the largest department store group in Japan, operating a total of 26 stores across the country. The company operates 4 different brands: Mitsukoshi, Isetan, Iwataya and Marui-Imai and operates throughout Japan, with department store chains in Tokyo, Sapporo, Kyoto, Nagoya, Fukuoka and other major cities across the country. In Isetan, you can buy food, clothes, household items and much more. Isetan Mitsukoshi generated annual revenue of US$11.99 billion last year, making it one of the world's leading department stores in terms of revenue.

• Foundation: 2008
• Sede de Isetan Mitsukoshi: Shinjuku, Tokio, Japón
• Isetan Mitsukoshi total revenue: $11.99 billion
• Isetan Mitsukoshi Number of employees: 18,799

9.Hudson's Bay Company

Rating 9^ºon this list of department stores is the Canadian retail business group, The Hudson's Bay Company. The company's flagship retail and department store is based on its namesake, The Bay. Last year, the company earned $6.68 billion, making it one of the largest department store chains in the world.

• Foundation: 1670
• HBC Headquarters: Brampton, Ontario, Canada
• Total HBC revenue: $6.68 billion

10dillard

Rounding out BizVibe's list of the 10 Best Department Stores in the World in 2020 is Dillard's, an American upscale department store chain with approximately 285 stores in 29 states and headquartered in Little Rock, Arkansas. Dillard's operates 285 stores worldwide and employs more than 39,000 people worldwide. Last year, Dillard's made $6.5 billion, making it one of the world's top department stores in terms of 2020 revenue.

• Foundation: 1938
• Dillard Headquarters: Little Rock, Arkansas, USA. UU.
• Dillard's total revenue: $6.50 billion
• Number of Dillard locations: 285
• Number of Dillard employees: 39,000

Dillard's 2020 Product Line

• Clothes
• shoes
• pajamas
• Furniture
• jewelry
• Beauty products
• household utilities

This is BizVibe's list of the world's top 10 department stores by brand in 2020, ranked by revenue and location in the global department store industry. The major department store companies paved the way for the next generation of how everyday products are sold. We may be moving away from brick-and-mortar stores, but trends like standalone pop-ups and the power of online retail are expected to keep the industry moving forward.

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• Macy's is the largest department store chain in the world, followed by Kohl's and El Corte Inglés, which complete the top 3.
• 6 of the 10 largest department stores in the world are based in the United States.

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