Quantcast
Channel: MLive.com/ann-arbor
Viewing all articles
Browse latest Browse all 5164

Report: See the best retail brands of 2013

$
0
0

Department store chain Macy’s is gaining relevance among American shoppers, according to an annual report released this week.

cabelas_mlive.jpg

A Cabela's store in Grandville, Mich.

Mlive.com

Interbrand’s Best Retail Brands of 2013 — which ranks the 50 most valuable U.S. brands based on financial performance, brand equity and competitive strength — shows Macy’s increased its brand value more than any other retailer, rising to #40 on the list.

Walmart, Target and Home Depot hold the first three spots on the list, while Amazon jumped to #4 from #9 last year.

Newcomers include Anthropologie, Express and Cabela’s, which is described as a tourist attraction and retail destination with a strong emphasis on customer service. Cabela’s opened its third store in Michigan this week and the company’s real estate manager said it likely won’t be the last store in the state. Anthropologie, which is owned by Urban Outfitters Inc., is reported to be eyeing the Ann Arbor real estate market.

Meanwhile, Toys “R” Us, Abercrombie & Fitch and Advance Auto Parts fell out of the ranking.

Interbrand, which also ranks the top retail brands from around the world, listed lululemon athletica as Canada’s top retail brand and discount supermarket Aldi as #1 in Germany. Lululemon announced plans recently to open a store in the under-construction Arbor Hills shopping center on Washtenaw Avenue.

Lizzy Alfs is a business reporter for AnnArbor.com. Reach her at 734-623-2584 or email her at lizzyalfs@annarbor.com. Follow her on Twitter at http://twitter.com/lizzyalfs.


Viewing all articles
Browse latest Browse all 5164

Trending Articles