Thursday, November 21, 2024
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Apple does a ‘staggering’ business of $5,546 per square foot at its retail stores

With sales per square foot viewed as a major component of retail success, according to industry data provided by eMarkter, the #1 retailer in sales per square foot is Apple, which did a staggering $5,546 per square foot. 

According to research provided by CoStar, sales per square foot at all but a few public retailers have declined to an average of around $325 in recent years, down from nearly $375 in the early 2000s. Leading food service retail with sales of $3,970 per square foot is the Reis & Irvy’s robotic frozen yogurt vending kiosk.

Leading the gasoline retailers with sales of $3,721 per square foot is Murphy USA. Tiffany & Co. leads the jewelry retail industry with sales of $2,951 per square foot, while lululemon Athletica, together with its subsidiaries, tops the apparels retailer list with sales of $2,951 per square foot.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.