big number
$275.2 billion. That was Costco’s revenue for fiscal year 2025, most of which came from U.S. sales ($198.7 billion), ranking the retailer among the highest-grossing firms in the U.S. Costco still ranks far behind Walmart, which posted the second-highest annual revenue ($713.2 billion) behind Amazon ($716.9 billion) in their most recent fiscal years.
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forbes valuation
Miniso CEO Ye Guofu, who founded the retailer in 2013 and took the company public on the New York Stock Exchange in 2020, has an estimated net worth of $1.6 billion. Miniso once branded itself as Japan-inspired, though Ye and the firm apologized in 2022 for its marketing strategy and have since removed Japanese elements from its store and logo designs.
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key background
The NRF’s list, compiled annually by research firm Kantar, ranks retailers by annual domestic sales growth rather than total size. Kantar said this methodology allows firms to be viewed for their momentum rather than their market dominance, like Costco or Walmart, which have controlled a larger chunk of U.S. sales for years.
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further reading
ForbesCheesecake Factory’s Record Stock Run Builds Founder’s $300 Million FortuneBy Ty Roush