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Apple Store Ranks Highest in Sales Per Square Foot

Apple Store Ranks Highest in Sales Per Square Foot

Posted August 24, 2011 at 5:02am by iClarified · 8679 views
RetailSails ranks the top 20 U.S. chains by highest retail sales per square foot in a new report posted today. The company analyzed all 160+ American retailers (excluding restaurants) who publicly report financial information.

Amazingly, Apple has sales of $5,626 per sq ft. This is nearly double the sales of Tiffany & Co, its closest competitor.

It's not surprising Apple leads the pack, as there have been numerous articles such as this, but it is quite shocking by how far ahead of the competition they are, especially considering the company only has 10 years of retail experience.

A few notes:
● Signet Jewelers (Bermuda) and lululemon athletica (Canada) are included as the majority of their stores and revenue are derived from the U.S.
● Results include trailing 4-quarter global retail store sales (company-operated stores, outlets, kiosks & shop-in-shops)
● Results exclude e-commerce, catalog, franchise, licensed, wholesale, membership and financial services revenue
● All store and sales per sq ft data is based on "gross" square feet

Take a look at the chart below...

Read More [via 9to5Mac]

Apple Store Ranks Highest in Sales Per Square Foot

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