The 10 biggest retailers in the Fortune 500 by Phil Wahba @FortuneMagazine June 17, 2015, 1:53 PM EDT E-mail Tweet Facebook Google Plus Linkedin Share icons Retail had quite a year in 2014. The much hoped-for recovery in consumer spending finally arrived just in time for the holiday season after months of stop-and-start behavior by shoppers. The job market perked up, gas prices fell and home values rose, giving Americans more confidence, and greater means to go spend, lifting many companies out of what one CEO called a long-standing “retail funk.” Yet it wasn’t a banner year across the board as frugality and bargain-hunting proved to be a permanent fixture of consumer behavior. Many retailers that had been struggling for years continued to do so. Some of the biggest drops in the Fortune 500 rankings were by such retailers. Best Buy BBY fell 12 spots to #72. Its business has stabilized, but the electronics retailer is still grappling with decreasing TV prices and intense competition from online retailers. Toys “R” Us, J.C. Penney JCP and Gap Inc GPS each fell at least 10 spots as they struggled to find a new place for themselves in shoppers’ growing universe of choices. And Sears SHLD continues to fall down the ranking quickly, having spent a good chunk of 2014 selling off its best assets to avoid a cash crunch and closing many stores. At the same time, many stores that adapted to customers’ growing frugality were among the big winners. TJX Cos TJX , parent of Marshalls and T.J. Maxx, and Dollar General DG again took market share from department stores and large discount chains, respectively, helping them to ascend the Fortune 500 ranks. Already in 2015, we are seeing plenty of big box retailers taking a page from those rivals: Macy’s M and Kohl’s KSS are each testing out off-price concept stores, while Walmart and Target are expanding their fleets of smaller stores, among other growth initiatives. 2015 so far has proven to be another bumpy year for the nation’s largest retailers: shoppers have more money in their pocket but are still extra careful about spending it. So the shakeout between winners and losers should continue apace.