Apple continues to be by far the most lucrative retailer in the United States in terms of sales per square foot.
Apple’s retail stores make $6,050 in sales per square foot, the most of any American retailer, according to the latest data from RetailSails, which measures the productivity of major retailers each year. In fact, Apple’s sales per square foot are twice that of Tiffany and Co., a luxury retailer, which earns $3,017 in sales per square foot.
RetailSails analyzed public filings and estimates from industry sources for sales figures from more than 200 American retailers. With the exception of Apple and Tiffany and Co., no other US retailer exceeded $2,000 in sales per square foot. Lululemon, the third highest on the list, brings in $1,936 in sales per square foot.
Apple ranked at the top of list in a study released by RetailSails last year as well, with $5,626 sales per square foot.
Aside from having the highest sales per square foot, Apple also ranked among the top 10 retailers for highest sales per store, with $51.5 million. That’s not bad for a company that has only been around for a little more than a decade.
Apple has opened up 33 new retail stores in the past year and currently has 390 stores in operation, 250 of which are in the U.S. The company’s total revenue from retail stores in the September quarter was $4.2 billion.
Images courtesy of Flickr, S Baker and RetailSails.