Tapestry, Inc.

America is on sale for foreign tourists thanks to the weak U.S. dollar, and it has been a boon for retailers who operate stores in key destinations. Nowhere was this phenomenon more evident than last week when Tiffany & Co. reported spectacular second quarter results that were aided by a 41% sales increase at its flagship New York store. That location is frequented by tourists, and so is the Saks flagship New York location, which reported a second quarter comp increase in the neighborhood of 15%.

The 2011 edition of Interbrand’s Best Retail Brands report again lists Target in the second position with a value of $23.3 billion in between number-one-ranked Walmart at $142 billion and third-ranked Home Depot at $20.3 billion.