Fortune 500 2024 By Metro Area(MSA)

[SIGSEGV]

Have you ever seen how much they charge for soap? Probably 99% profit

[ocman]

None of this is interesting anymore. Now, HQs register offices in a state with the lowest corporate taxes. It’s all rendered meaningless except sometimes as a identity politics statement about CEO political leanings, for ex Tesla.

[wwmiv]

Originally Posted by Northern Light

Couche Tard (What our American cousins would know as Circle K)

Circle K is a Texan company purchased by Couche-Tard. The Canadian chain sounds like a sexual innuendo.

[austlar1]

Originally Posted by ColDayMan

Shockingly, no: https://en.wikipedia.org/wiki/Bath_%26_Body_Works

It's owned by Bath & Body Works, Inc. (aka the Fortune 500) and still just...sells...soap.

It's really just the newest name of L Brands or The Limited, the company that owns Victoria's Secret that was founded by Les Wexner, the nowadays reclusive billionaire associated with Jeffrey Epstein. Guess they felt it wise to put some distance between the Wexner associated brands and the current operating entity.

[Acajack]

Originally Posted by wwmiv

Circle K is a Texan company purchased by Couche-Tard. The Canadian chain sounds like a sexual innuendo.

Well, it actually is an allusion to going to bed very late...

[MolsonExport]

Circle K is a circle jerk without the jer. How is that for sexual innuendo?

[ColDayMan]

Originally Posted by austlar1

It's really just the newest name of L Brands or The Limited, the company that owns Victoria's Secret that was founded by Les Wexner, the nowadays reclusive billionaire associated with Jeffrey Epstein. Guess they felt it wise to put some distance between the Wexner associated brands and the current operating entity.

Just an FYI, Victoria's Secret (and Abercrombie & Fitch, Express, etc) all split around 2020-2022 so now the (former) L Brands just sells...soap. Expensive soap. Lots of soap.

[austlar1]

Originally Posted by ColDayMan

Just an FYI, Victoria's Secret (and Abercrombie & Fitch, Express, etc) all split around 2020-2022 so now the (former) L Brands just sells...soap. Expensive soap. Lots of soap.

I stand corrected! Just soap.

[BG918]

Notable cities not on the list:
- Portland
- Kansas City
- New Orleans

Cities that punch above their weight:
- Bridgeport with 9 (exurban NYC)
- Richmond with 8 (exurban DC)
- Omaha with 4

[mhays]

Portland has Nike.

[Steely Dan]

I believe Baltimore is the largest MSA without a F500 HQ.

But then nearby DC has 19 of 'em, so.....




And Missouri is a good case study for not putting too much stock in this data.

St. Louis has 6 F500 HQs, but is an extremely stagnant MSA growth-wise.

KC has zero F500 HQs, but is one of the fastest growing Midwest MSAs.

[cabasse]

baltimore and KC both look like they have at least one - constellation energy in baltimore, seaboard in KC, based on this map: https://fortune.com/franchise-list-p...tune-500-2024/

utah, wyoming, new mexico, montana, north/south dakota, mississippi, south carolina and west virginia all have none though (some of those are surprising, UT and SC)

[Prahaboheme]

Central Florida has a few scattered about (all separate metros though)
Orlando 1 - Darden Restaurants
Lakeland 1 - Publix Supermarkets
Melbourne 1 - L3 Harris (aerospace)

[ChiND]

New York is poised to keep dominating the US economy.

https://nypost.com/2024/06/14/tech/t...ycs-tech-boom/


Move over, Silicon Valley: These neighborhoods are the epicenter of NYC’s tech boom

By Social Links for Lydia Moynihan
Published June 14, 2024, 6:00 a.m. ET

As New York sees a record number of tech employees flood into the city, neighborhoods downtown and in Brooklyn are gaining an influx of top talent.

Last year, the greater NYC area attracted 14.3% of all tech-sector employees who relocated in the US — more than any other city, according to an analysis of LinkedIn data by venture firm SignalFire.

“Tech is about human talent,” Kevin Ryan — who has been called the “godfather of NYC tech” for co-founding MongoDB, Gilt Group and Zola — told The Post. “New York City is just a better city… the talent wants to be here.”

[Steely Dan]

So we got F500 HQs listed MSA, but how about by CBDs?

15 of Chicagoland's 30 F500 HQs are located in downtown. Chicago.

Obviously no one is coming close to touching Manhattan on this score, but it'd still be cool to see how others stack up.

[edale]

Originally Posted by Steely Dan

So we got F500 HQs listed MSA, but how about by CBDs?

15 of Chicagoland's 30 F500 HQs are located in downtown. Chicago.

Obviously no one is coming close to touching Manhattan on this score, but it'd still be cool to see how others stack up.

6 out of 7 of Cincinnati's are downtown. The only one that isn't is Cintas, which is in the northern suburb of Mason.

[LA21st]

Originally Posted by sopas ej

Yeah, headquarters in name doesn't matter. For 9 years I worked for a Fortune 500 company that was headquartered in Chicago (I left it over 20 years ago), and my partner currently works for a Fortune 500 company that's headquartered in Tokyo.

These companies were never headquartered in Los Angeles, but we don't care. A paycheck is a paycheck.

Ive been working in a global commercial real estate firm in LA now. While some are HQd in La, most are not. But those have a presence in LA regardless.
Going off what I see, LA is number 2 in that regard. Behind NYC of course.
I didnt realize this before working there.

[Steely Dan]

Originally Posted by edale

6 out of 7 of Cincinnati's are downtown.

Nice.

4 of metro Milwaukee's 6 F500 HQs are in downtown.

Another one is just a bit outside of downtown on the Southside, and one is located way out in the NW exurbs.

[Supernaut]

Originally Posted by BG918

Notable cities not on the list:
- Portland
- Kansas City
- New Orleans

Cities that punch above their weight:
- Bridgeport with 9 (exurban NYC)
- Richmond with 8 (exurban DC)
- Omaha with 4

Richmond is more exurban DC nowadays but Richmond has been an industrial and corporate hub for decades. Most of their companies go back that far as well. I think of it more like a Hartford in its independence/ proximity to BOS/NY just with a few more chairs in the c-suite.

[Centropolis]

Originally Posted by Steely Dan

I believe Baltimore is the largest MSA without a F500 HQ.

But then nearby DC has 19 of 'em, so.....




And Missouri is a good case study for not putting too much stock in this data.

St. Louis has 6 F500 HQs, but is an extremely stagnant MSA growth-wise.

KC has zero F500 HQs, but is one of the fastest growing Midwest MSAs.

When I was growing up we had at least twice as many fortune 500s in St. Louis...almost everyone's parents on my street worked at the corporate HQs of one. Good point about the state and KC, the difference in growth between St. Louis and KC is notable.

Originally Posted by BG918

Notable cities not on the list:
- Portland
- Kansas City
- New Orleans

Cities that punch above their weight:
- Bridgeport with 9 (exurban NYC)
- Richmond with 8 (exurban DC)
- Omaha with 4

Omaha punches crazy above its weight per its population. I'm there a lot of for work and the expansion of its western suburbs is surreal...the plains are very rolling unlike the prairies (and rise in elevation towards the west from the Missouri River valley) so you can see downtown Omaha much further west than a lot of other midwestern cities which is interesting. They also have at least one proper commercial skyscraper under construction right now downtown.