Retail Statistics (2022) U.S. Retail Statistics Total U.S Retail Sales Growth (Q2-2022) 7.2% Retail trade contributed 5.7% to total U.S GDP in 2020 (Statista 2022) Total U.S retail sales for Q2 2022 were estimated at $1,778.6 billion (U.S. Census Bureau) Total U.S retail sales for Q2 2022 have increased 7.2% on the same period in 2021 (U.S. Census Bureau) There are 1,049,266 retail establishments in the U.S, as of Q1 2022 (U.S. Bureau of Labor Statistics) There are 15.8 million retail employees in the U.S, as of Aug 2022 (U.S. Bureau of Labor Statistics) The average hourly earnings of U.S. retail employees is $23.04 , as of Aug 2022 (U.S. Bureau of Labor Statistics) Retail Ecommerce Statistics This artwork by Retail Dogma, Inc. is licensed under CC BY 4.0 Total U.S ecommerce sales for Q2 2022 were estimated at $257.3 billion (U.S. Census Bureau) Total U.S ecommerce sales for Q2 2022 have increased 6.8% on the same period in 2021 (U.S. Census Bureau) U.S E-commerce sales in Q2 2022 accounted for 14.5 percent of total sales. (U.S. Census Bureau) 9 of the Top 10 ecommerce websites are operated by retailers who also run brick & mortar stores (NRF) Amazon accounted for 43.5% of U.S ecommerce in 2021 (Digital Commerce) Retailers Top 3 U.S. Retailers by Market Cap Amazon $1.244 T Walmart $362.48 B Home Depot $280.67 B Top 3 U.S. retailers by market cap in September 2022 are Amazon, Walmart & Home Depot Top 3 fast fashion retailers in the U.S. are Shein (28%), followed by H&M (20%) & Zara (11%) (Earnest Research) Walmart has a total of 4743 stores in the U.S. (Walmart Annual Report 2021) Starbucks has a total of 15,450 stores in the U.S. (Starbucks Annual Report 2021) Retail Payment & Delivery Statistics Click & Collect Contribution 8.7% Cards as payment method contributed 74% to total transactions in 2021 vs. cash at 11% (Statista) U.S Click & Collect Sales represtended 8.7% of retail ecommerce sales (eMarketer Dec 2021) Buy Now Pay Later (BNPL) acounts for 0.4% of U.S. retail spending, and 2% of online spending (Accenture) Category Statistics Top 3 Amazon Categories Computer & Electronics 26% Apparel & Accessories 16.7% Books/Music/Videos 11.5% Top 3 Amazon categories are Computer & Electronics (26%), Apparel & Accessories (16.7%) & Books/Music/Video (11.5%) (eMarketer Feb 2022) Apparel has seen the highest YoY increase in prices in by 16.65 % in Feb 2022 vs. Feb 2021 (Adobe Analytics) Consumer Statistics Return Rate in Retail 16.6% 75% of consumers have tried a new shopping behavior during Covid-19 (McKinsey & Company) Total rate of retail exchange & return in 2021 was expected to be 16.6%, up from 10.6% in 2020 (NRF) Total rate of ecommerce exchange & return in 2021 was expected to be 20.8% (NRF) Sources Census Bureau: Monthly Retail Trade NRF: Retail Returns Increased to $761 Billion in 2021 as a Result of Overall Sales Growth Statista: Percentage added to the Gross Domestic Product (GDP) of the United States of America in 2020 Bureau of Labor Statistics: Retail Trade: NAICS 44-45 Earnest Research: Shein Now Leads Fast Fashion Companies Market Cap: Largest Retail Companies by Market Cap A New Report From Accenture And Afterpay Casts Light on How Fast BNPL Is Taking Hold Statista: Market share of cash, credit cards, and other payment methods at point of sale in The U.S. Walmart 2021 Annual Report Starbucks 2021 Annual Report NRF: State of Retail eMarketer: Amazon US Ecommerce Sales by Category 2022 eMarketer: US Click-and-Collect Forecast 2022 McKinsey & Co.: The great consumer shift: Ten charts that show how US shopping behavior is changing Adobe Digital Price Index Digital Commerce: U.S. Ecommerce Sales