RETAIL STATISTICS

Retail Industry Statistics (2022)

U.S. Retail Statistics

Total U.S Retail Sales Growth (Q4-2021)

15.2%

• Retail trade contributed 5.7% to total U.S GDP in 2020 (Statista 2022)
• Total U.S retail sales for Q4 2021 were estimated at $1,688.6 billion (U.S. Census Bureau)
• Total U.S retail sales for Q4 2021 have increased 15.2% on the same period in 2020 (U.S. Census Bureau)
• There are 1,057,733 retail establishments in the U.S, as of Q3 2021 (U.S. Bureau of Labor Statistics)
• There are 15.7 million retail employees in the U.S, as of Feb 2022 (U.S. Bureau of Labor Statistics)
• The average hourly earnings of U.S. retail employees is $22.83 , as of Feb 2022 (U.S. Bureau of Labor Statistics)

Retail Ecommerce Statistics

Ecommerce Contribution (Q4 2021)

12.9%

• Total U.S ecommerce sales for Q4 2021 were estimated at $218.5 billion (U.S. Census Bureau)
• Total U.S ecommerce sales for Q4 2021 have increased 9.4% on the same period in 2020 (U.S. Census Bureau)
• U.S E-commerce sales in Q4 2021 accounted for 12.9 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

$1.719 T

Walmart

$401.75 B

Home Depot

$324.76 B

• Top 3 U.S. retailers by market cap in March 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