Apple Inc. operates the most successful retail stores by a significant margin, according to RetailSails, a retail and consumer goods consulting firm. Apple stores averaged $6,050 per sq. ft. in the past 12 months, double those of Tiffany & Co., which ranked second, generating sales of $3,017 per sq. ft.
Here is Retail Sails list of the 10 retailers with the highest sales per square foot:
1. Apple ($6,050 per sq. ft.)
2. Tiffany & Co. ($3, 017 psf)
3. Lululemon Athletica ($1,936 psf)
4 Coach ($1,871 psf)
5. Michael Kors ($1,431/psf)
6. Select Comfort ($1,314/psf)
7. True Religion ($1,227/psf)
8. Vera Bradley Designs ($1,186/psf)
9. Birks & Mayors ($1,082/psf)
10. Fairway Market ($1,081/psf)
The firm also said it tried to strip out all non-store retail related revenue, such as direct-to consumer (e-commerce, catalog & phone) sales, wholesale, franchise and licensing revenue, membership fees, financial services revenue and gasoline sales, in order to normalize data to provide a meaningful and comprehensive apples-to-apples comparison of retail store productivity.
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