The retail industry is changing faster than ever these days, with most of the attention focused on innovation and technology. Between smartphones and tablets, social media and apps, consumers have seemingly unlimited choices of how and where they shop.
However, brick-and-mortar stores are still responsible for over 90% of retail sales in the United States. Shoppers still value the ability to see and touch the merchandise, and more than anything they prize the in-store shopping experience. In this study, RetailSails provides a comprehensive analysis of store productivity measures for a cross-section of over 200 American retailers which span 15 sectors, operate more than 200,000 stores and generate over $1.6 trillion in retail store sales.
Apple Retail Stores have captured shoppers’ imaginations and dominate the competition with sales per square foot nearly more than double its closest rival.
RetailSails 2012 Chain Store Productivity Guide – Overall Rankings
Data based on latest reported trailing 12-months of results
Source: RetailSails
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Apple Inc.: The most profitable retailer in America – August 15, 2012
Apple’s retail juggernaut is magical and revolutionary in its own right – May 25, 2011
Apple Retail Stores hit 10th anniversary (with video of Steve Jobs’ tour of 1st store) – May 18, 2011
Apple Store: ‘The best damn retail experience in America!’ – December 2, 2010
Apple’s retail stores generate huge sales – December 27, 2007
Piper Jaffray finds ‘gravitational pull’ at Apple Retail Stores – November 26, 2007
Apple thinks different with cash register-less retail stores that bring in billions – November 23, 2007
Apple makes retail seem ridiculously easy – May 29, 2007
How Apple’s Steve Jobs is revolutionizing Manhattan retail – May 08, 2007
Fortune: Apple Inc. is America’s best retailer – March 08, 2007
How Apple Retail Stores beat Best Buy, Neiman Marcus, and Tiffany – December 19, 2006
Let’s send Apple’s stock price down another 10% on this news, shall we?
One day these talking heads will understand WHY Apple stores do so well.
• Buy a product at the Apple Store or On Line at Apple’s Store at the same price.
• The Apple store can service and train you on what you are buying.
• Apple is trusted
Try these points with BestBuy, local PC stores, clothing stores, music stores, sporting goods stores, … You can not answer yes to ALL 3 points. I am sure there are more points. I the end, people don’t like being played and feeling they got a bad deal with an inferior product or service.
I wonder what the per square foot sales of MSFT stores are? You know, where the floor space is more valuable that the contents!
You read my mind on that one. Great minds think alike!
I’ve financed a lot of retail, including malls with Apple stores, Apple stores themselves, and Apple corporate buildings that were leased. I’ve seen NOTHING that comes close to doing what Apple retail does, not just in sales/SF, but also with the mix of store types they have, from “Flagships” to street retail to strip malls and enclosed regional centers. I’m in a moderately sized Midwestern metro that has an Apple store in one of the malls, and a Microsoft store in the CBD. Apple Store — always busy, frequently packed. MSFT — they built those mostly to have field employees, didn’t they?