The Hot 25 Retailers ranks the nation’s fastest-growing retail companies. Rankings are determined by increases in domestic sales between 2024 and 2025; all retail companies with global sales in excess of $2 billion, and key format leaders, were eligible. Read more about what companies made the list and why, or view 2026’s list below.
- Rank
- Company
- USA sales growth
('25 v '24) - USA sales added
(millions '25 v '24) - 2025 USA retail sales
(millions) - 2024 USA retail sales
(millions) - Notes
- 1
- Miniso
- USA sales growth ('25 v '24): 52.62%
- USA sales added (millions '25 v '24): $161
- 2025 USA retail sales (millions): $466
- 2024 USA retail sales (millions): $305
- 2
- Dick's Sporting Goods
- USA sales growth ('25 v '24): 48.50%
- USA sales added (millions '25 v '24): $6,595
- 2025 USA retail sales (millions): $20,195
- 2024 USA retail sales (millions): $13,600
- Notes: Reflects the acquisition of Foot Locker in FY 2025.
- 3
- Daiso Sangyo
- USA sales growth ('25 v '24): 25.82%
- USA sales added (millions '25 v '24): $27
- 2025 USA retail sales (millions): $132
- 2024 USA retail sales (millions): $105
- 4
- Primark
- USA sales growth ('25 v '24): 24.24%
- USA sales added (millions '25 v '24): $146
- 2025 USA retail sales (millions): $750
- 2024 USA retail sales (millions): $604
- 5
- Five Below
- USA sales growth ('25 v '24): 22.90%
- USA sales added (millions '25 v '24): $888
- 2025 USA retail sales (millions): $4,764
- 2024 USA retail sales (millions): $3,877
- 6
- Fast Retailing
- USA sales growth ('25 v '24): 21.49%
- USA sales added (millions '25 v '24): $247
- 2025 USA retail sales (millions): $1,398
- 2024 USA retail sales (millions): $1,150
- 7
- Ollie's Bargain Outlet
- USA sales growth ('25 v '24): 16.62%
- USA sales added (millions '25 v '24): $377
- 2025 USA retail sales (millions): $2,649
- 2024 USA retail sales (millions): $2,272
- 8
- Sprouts
- USA sales growth ('25 v '24): 14.08%
- USA sales added (millions '25 v '24): $1,087
- 2025 USA retail sales (millions): $8,806
- 2024 USA retail sales (millions): $7,719
- 9
- CVS
- USA sales growth ('25 v '24): 11.94%
- USA sales added (millions '25 v '24): $14,867
- 2025 USA retail sales (millions): $139,367
- 2024 USA retail sales (millions): $124,500
- 10
- Muji
- USA sales growth ('25 v '24): 11.70%
- USA sales added (millions '25 v '24): $7
- 2025 USA retail sales (millions): $69
- 2024 USA retail sales (millions): $62
- 11
- AT&T Wireless
- USA sales growth ('25 v '24): 11.15%
- USA sales added (millions '25 v '24): $2,216
- 2025 USA retail sales (millions): $22,098
- 2024 USA retail sales (millions): $19,882
- 12
- Verizon Wireless
- USA sales growth ('25 v '24): 11.13%
- USA sales added (millions '25 v '24): $2,181
- 2025 USA retail sales (millions): $21,779
- 2024 USA retail sales (millions): $19,598
- 13
- Casey's General Store
- USA sales growth ('25 v '24): 9.86%
- USA sales added (millions '25 v '24): $568
- 2025 USA retail sales (millions): $6,323
- 2024 USA retail sales (millions): $5,756
- 14
- Ulta Beauty
- USA sales growth ('25 v '24): 9.71%
- USA sales added (millions '25 v '24): $1,097
- 2025 USA retail sales (millions): $12,393
- 2024 USA retail sales (millions): $11,296
- 15
- 99 Ranch
- USA sales growth ('25 v '24): 9.11%
- USA sales added (millions '25 v '24): $58
- 2025 USA retail sales (millions): $691
- 2024 USA retail sales (millions): $633
- 16
- JD Sports
- USA sales growth ('25 v '24): 8.76%
- USA sales added (millions '25 v '24): $513
- 2025 USA retail sales (millions): $6,366
- 2024 USA retail sales (millions): $5,853
- Notes: Reflects the acquisition of Hibbett Sports in FY 2024.
- 17
- Burlington
- USA sales growth ('25 v '24): 8.76%
- USA sales added (millions '25 v '24): $925
- 2025 USA retail sales (millions): $11,482
- 2024 USA retail sales (millions): $10,557
- 18
- Costco
- USA sales growth ('25 v '24): 8.65%
- USA sales added (millions '25 v '24): $15,828
- 2025 USA retail sales (millions): $198,728
- 2024 USA retail sales (millions): $182,900
- 19
- RH
- USA sales growth ('25 v '24): 8.14%
- USA sales added (millions '25 v '24): $259
- 2025 USA retail sales (millions): $3,438
- 2024 USA retail sales (millions): $3,179
- 20
- QuikTrip
- USA sales growth ('25 v '24): 7.95%
- USA sales added (millions '25 v '24): $196
- 2025 USA retail sales (millions): $2,666
- 2024 USA retail sales (millions): $2,470
- 21
- Abercrombie & Fitch
- USA sales growth ('25 v '24): 7.90%
- USA sales added (millions '25 v '24): $300
- 2025 USA retail sales (millions): $4,091
- 2024 USA retail sales (millions): $3,792
- 22
- Harbor Freight Tools
- USA sales growth ('25 v '24): 7.89%
- USA sales added (millions '25 v '24): $600
- 2025 USA retail sales (millions): $8,200
- 2024 USA retail sales (millions): $7,600
- 23
- J.Crew
- USA sales growth ('25 v '24): 7.87%
- USA sales added (millions '25 v '24): $165
- 2025 USA retail sales (millions): $2,257
- 2024 USA retail sales (millions): $2,093
- 24
- Wawa
- USA sales growth ('25 v '24): 7.66%
- USA sales added (millions '25 v '24): $194
- 2025 USA retail sales (millions): $2,726
- 2024 USA retail sales (millions): $2,532
- 25
- Ross
- USA sales growth ('25 v '24): 7.56%
- USA sales added (millions '25 v '24): $1,596
- 2025 USA retail sales (millions): $22,695
- 2024 USA retail sales (millions): $21,099
The Kantar-NRF U.S. Hot 25 Retailers list is the annual ranking of the nation’s most impactful and fastest-growing retail companies. Rankings are determined by year-over-year percentage increases in domestic sales. The focus on growth rate highlights hot, growing companies without being overpowered by the largest retailers in the United States.
Retailer sales and growth figures are based on Kantar’s Retail IQ integrated research methodology. Kantar estimates sales of privately held companies, franchise sales and domestic sales when the figures are not self-reported. This removes the impact of the companies’ investments in international operations from the growth rankings to give a true perspective on the situation in the U.S. retail market. To learn more about Kantar’s research and reporting methodology, visit https://retailiq.kantar.com/.







)
)
)
)