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.
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