Question: Using the data in Tables 1 and 2, select the most accurate statement from the choices shown below. From 2012-2017, _____________. NOTE: Discount department stores,
Using the data in Tables 1 and 2, select the most accurate statement from the choices shown below. From 2012-2017, _____________. NOTE: Discount department stores, supercenters & warehouse clubs are referred to as "the discount segment" below.

A. Walmart Inc. (Walmart US + Sam's Club) and CostCo gained market share in the discount department store, supercenter and warehouse segment, as well as in overall US retailing. B. The discount segment lost market share in total US retailing. C. Target's sales grew in-line with the discount segment, and gained market share in the overall US retail industry. D. A,B and C are correct.
Table 1: US Retail Trade & Selected Retail Segments 2011-2017 ($ in millions) 2016 $625,295 2011 $523,371 2012 $539,180 2013 $574,547 2014 $599,603 2015 $613,159 2017 $639,161 Grocery &Supermarkets Discount Department Stores, Supercenters, Warehouse Clubs Electronic Shopping & Mail Order Houses All Other Retailing (excl. autos) Total US Retail Sales (excl. autos) 576,629 545,047 557,210 519,524 536,439 544,934 563,429 564,615 294,697 328,653 350,487 386,065 433,692 487,782 2,021,735 2,034,223 1,952,422 2,011,463 2,029,188 2,075,711 2,119,586 $3,290,014 $3,415,735 $3,499,156 $3,618,589 $3,632,015 $3,711,915 $3,880,423 15.7% 15.6% 15.4% 15.5% 15.2% 14.9% Source: US Census Bureau Table 2: US Sales Discount Department Stores, Superstores, Warehouse Clubs & Electronic Shopping ($ in millions) 2017 $114,688 2011 2012 2013 2014 2015 2016 Amazon US BJ's Wholesale Club CostCo US $40,065 $54,717 $70,537 $24,035 $31,332 $90,349 11,600 11,600 12,731 12,468 12,351 12,585 12,755 93,889 5,618 59,216 71,879 316,477 86,579 64,900 71,776 75,493 80,477 84,351 Kmart Sam's Club Target US Walmart US 15,285 14,567 13,194 12,074 10,188 8,650 53,800 57,365 56,400 57,200 58,000 56,828 72,618 69,495 68,466 71,960 71,279 73,785 264,186 274,433 279,400 288,000 298,378 307,833 Source: Compa ny 10K's, Forbes Private Co. Estimates, and Bonita Austin's estimates. Amazon's 2017 sales do not include Whole Foods acquired in Q4:17
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
