toggle

AAPL Stock: 112.76 ( -0.53 )

Printed from http://www.macnn.com

Apple leads US retailers in sales per square foot

updated 01:40 pm EDT, Wed August 24, 2011

Beats out likes of Tiffany, Whole Foods

Apple is the top US retailer, at least in terms of sales per square foot, a RetailSails analysis indicates. The firm recently surveyed the last four quarters of over 160 retailers, and remarks that Apple's sales were about $5,626 per square foot, up 49.1 percent year-over-year. The figures are based on global results, not just those from US stores, RetailSails points out.

The data puts Apple well ahead of its closest competition, luxury dealer Tiffany & Co., which managed $2,974 per square foot. It in fact beat a number of other businesses catering to middle- or upper-class shoppers, including Coach, Signet Jewelers, Ralph Lauren and Whole Foods. Other companies in the top 10 were lululemon, GameStop, Costco and Best Buy.

Apple has been making an intense retail push since June, expanding and renovating many current stores when not building new ones. The company will be launching three stores this weekend alone. To meet stated goals, it will have to open another 14 stores by the end of September.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Blue Yeti Studio

Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

toggle

Most Commented