“Apple averaged $4,551 in sales per square foot of retail space over the past 12 months, beating out luxury retailer Tiffany & Co., and tobacco powerhouse Murphy USA, claims eMarketer,” Harrison Weber reports for VentureBeat.
“In a new study, eMarketer ranked the sales performance of “more than 225 U.S.-based retailers,” out of which Apple topped the list. Unsurprisingly, competing stores like Best Buy didn’t even fall among the top 15 retailers,” Weber reports. “Once again, it’s clear just how important Apple’s brick and mortar presence is for the success of its brand.”
Read more in the full article here.
MacDailyNews Take:
I give [Apple] two years before they’re turning out the lights on a very painful and expensive mistake. – David Goldstein, Channel Marketing Corp. President, May 21, 2001
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]
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