10 Biggest Companies That Support Trump

The 10 biggest companies that support Trump are mostly composed of giant retail stores based in the U.S. This is because despite the U.S President’s conglomerate being mostly focused on real estate development and property management, both Donald Trump and his daughter Ivanka Trump also produce and sell items such as menswear, women’s fashion, home items, and even wines.

Several billionaires expressed support for Trump while he was still running for President. Those bigwigs included Peter Thiel, co-founder of Paypal Holdings Inc (NASDAQ:PYPL); activist investor Carl Icahn; and T. Boone Pickens, chairman of hedge fund BP Capital Management. But the biggest companies that support Trump are mostly retailers, since they carry many of the family’s brand-name goods.

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Besides his golf courses, resorts, residential towers and hotels, Trump and his daughter Ivanka also sell a myriad of merchandise. The Donald J. Trump Collection features ties, suits, dress shirts, graphic shirts, and accessories like eyeglasses and caps. Trump Home sells a collection of items of “indulgence and grandeur,” including bedroom furniture such as beds, mattresses and cabinets; living room furniture like TV cabinets, sofas and stools; and dining room items such as cocktail tables, dining chairs and dining tables. Ivanka Trump’s brand showcases a collection of jewelry, active wear, apparel, bags, and shoes. The Trump Winery in Virginia sells different types of wine and features a tasting room.

While President Trump adamantly advocates American-made products to put “America First,” a number of his and Ivanka’s products were actually manufactured overseas. Some of their apparel has been shown to have been made in China, Bangladesh and Vietnam, while home items were made in China, Turkey and India. Trump Vodka was created in the Netherlands.

The breadth of Trump-branded products are stocked in many of America’s retail chains and department stores, but Trump’s highly divisive policy-making and political stances have gotten these products pulled from many outlets all over the country. Some of the biggest ones, however, still carry these items despite the controversy surrounding them. In October 2016, a couple of consumers announced on Twitter that they would be boycotting retailers that still sold Trump-branded products, as it was against their good conscience to give business to those retailers. Shannon Coulter, a brand strategist, debuted the hashtag #GrabYourWallet to give a name to the cause, a play on Trump’s infamous and widely reported misogynist remark.

#GrabYourWallet published a list of retailers that it is boycotting, categorized under company types such as “retailer selling Trump family products,” “further enriching Trump” and “supportive of Trump” (such as those who have raised funds for his campaign or publicly expressed support for him). The massively popular movement, whose hashtag has been viewed more than 950 million times, seeks to demonstrate how consumer power can help promote “a more respectful and inclusive society.”

In this article, we’ve compiled 10 of the biggest companies that support Trump by mining #GrabYourWallet’s extensive list of companies that it is boycotting due to their ties to Trump, and then ranking them based on their market capitalization (or sales or revenue, in the case of private companies). Companies under The Trump Organization are excluded, as the list focuses on companies not directly owned by Trump but which still choose to support him.

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10. Hobby Lobby – $4 billion

Arts and crafts store Hobby Lobby counts itself among America’s largest private companies on Forbes’ 2016 list. The Oklahoma-based company specializes in hobbies, picture framing, jewelry making, fabrics, floral and wedding supplies, cards and party wares, baskets, wearable art, home accents, and holiday merchandise. Hobby Lobby began as a modest $600 startup and now operates over 750 stores in 47 states. Its CEO David Green publicly endorsed Trump, saying, “Donald Trump is our only hope for a Supreme Court that will protect freedom of religion.”

9. Bed Bath & Beyond Inc. (NASDAQ:BBBY) – $5.96 billion

Bed Bath & Beyond Inc. (NASDAQ:BBBY) is a massive chain of retail stores that sells home goods, mostly for the bedroom, bathroom, kitchen and dining room. It is among the largest American-owned companies of its kind in the U.S, with its only competitors being companies like IKEA, Williams-Sonoma, Inc. (NYSE:WSM), and retailers like Pottery Barn and West Elm. Bed Bath & Beyond Inc. (NASDAQ:BBBY) is one of the biggest companies that support Trump because it carries Ivanka Trump products, specifically diaper bags.

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8. ABC Supply – $5.9 billion

ABC Supply is a construction materials company that specializes in roofing, siding, windows, gutters and other exterior and interior building products, as well as tools and supplies. It is the largest wholesale distributor of roofing in the U.S. The private company was founded in 1982 and has since set up over 700 branches and facilities across 49 states. ABC Supply CEO Diane Hendricks served as one of the vice chairs of the Trump Victory committee, which raised money for Trump’s campaign and the RNC.

7. Wegmans – $8.3 billion

Landing on Forbes’ list of America’s largest private companies, Wegmans is a regional supermarket chain that earned $8.3 billion in sales in 2016. The family-owned company has 92 stores in six states, most of which are located in New York and Pennsylvania, as it grew from its humble beginnings in 1916. Wegmans consistently ranks among Fortune’s top 10 best companies to work for and has been on the list for 20 years. However, despite its status as one of America’s most beloved grocery chains, it has come under fire for carrying Trump Winery products in its Virginia stores.

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6. Ross Stores, Inc. (NASDAQ:ROST) – $24.77 billion

Up next in our list of biggest companies that support Trump is Ross Stores, Inc. (NASDAQ:ROST) ubiquitous tagline, Dress for Less, that encapsulates what the retail giant is all about: bargains on “high-quality” department store brands. Its more than 1,200 outlets carry off-price items in no-frills and organized shopping spaces, boasting 20% to 60% discounts on regular department store prices. The bargain hunter’s haven comes second only to The TJX Companies, Inc. (NYSE:TJX) when it comes to off-brand retail. Ross Stores, Inc. (NASDAQ:ROST) is said to include Ivanka Trump’s products among its bargain items.

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5. Macy’s Inc (NYSE:M) – $25.8 billion

As one of America’s largest retail chains, Macy’s Inc (NYSE:M) garnered $25.8 billion in fiscal sales in 2016 and operates over 700 department stores and 125 specialty stores. Macy’s Inc (NYSE:M) controls two retail store divisions: Macy’s and Bloomingdale’s. From its start as a dry goods store in New York in 1858, Macy’s now operates stores in 45 states. Macy’s is one of the biggest companies that support Trump, as it sells Ivanka Trump products such as clothing, jewelry and handbags.

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4. The TJX Companies, Inc. (NYSE:TJX) – $49.66 billion

The TJX Companies, Inc. (NYSE:TJX) ranks 4th in our list of biggest companies that support Trump. It is an apparel and home goods company that owns some of America’s largest department stores: TJ Maxx, Marshalls and HomeGoods. With its roots in the U.S, it has since branched out to operate stores in the U.K., Ireland, Germany, Australia, Poland, Austria, and The Netherlands. TJ Maxx is a clothing retailer behemoth in the U.S, operating over 1,000 stores that sell off-brand department store items. TJ Maxx continues to sell Ivanka Trump merchandise, though its managers were told to remove Ivanka Trump signage and mix her items with others, instead of setting up a separate display.

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3. Comcast Corp. (NASDAQ:CMCSA) – $176.76 billion

We are continuing our list of biggest companies that support Trump with Comcast Corp. (NASDAQ:CMCSA) that is the world’s largest broadcast and cable television company, providing cable TV, internet service, telephone service, and other telecommunications products. Comcast Corp. (NASDAQ:CMCSA) also owns media company NBC Universal, film production studio Universal Pictures, and the hugely popular Universal theme parks. Universal Studios Hollywood was classified by #GrabYourWallet as “further enriching Trump”, as it is one of the returning sponsors of the Trump-produced show, Celebrity Apprentice.

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2. Wal-Mart Stores, Inc. (NYSE:WMT) – $221.89 billion

Wal-Mart Stores, Inc. (NYSE:WMT) ranks second in our list of biggest companies that support Trump. It is a huge name in retail in America, operating as a chain of hypermarkets, discount department stores and grocery stores. After 50 years of operation, Wal-Mart Stores, Inc. (NYSE:WMT) now has a whopping 11,695 stores in 28 countries and is the world’s largest company by revenue, earning $485.9 billion in revenue during its fiscal year 2017. In its home country, it was the largest grocery retailer in 2016, as the bulk of its 2016 sales were attributed to its U.S operations. Wal-Mart’s 2.3 million employees serve over 260 million customers every week. Due to Wal-Mart’s sheer size and the variety of products that it sells, it’s no surprise that it still carries Ivanka Trump items such as shoes and perfume.

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1. Amazon.com, Inc. (NASDAQ:AMZN) – $419.27 billion

In today’s internet age, the e-commerce market has boomed to unprecedented levels, and Amazon.com, Inc. (NASDAQ:AMZN) is considered to be the ultimate purveyor of goods sold digitally. Starting out as an online bookstore, it has now branched out to selling everything from DVDs, software and electronics, to clothing, furniture, food, and toys. Amazon has become the largest internet-based retailer in the world based on total sales and market capitalization, surpassing retail giant Wal-Mart. Amazon.com, Inc. (NASDAQ:AMZN)’s inventory includes products by Donald Trump and Ivanka Trump, such as suits and other clothing items, making it the largest company not just in the U.S, but in the world, that supports Trump.

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The recent U.S. election has shown the world Trump’s influence in the business world, through the number of large companies and powerful businessmen that stood behind him. Some political events can be as far-reaching as to affect people’s everyday lives, and Trump’s ascent to U.S President is one of them. There have been many boycotts over the years, but the #GrabYourWallet movement is perhaps one of the biggest and most organized ones to date. Now that you’ve finished the list of the 10 biggest companies that support Trump, let us know your thoughts in the comments below.

Disclosure: None