If Trader Joe's listed their sales publicly, they would place right behind Lululemon. Roughly $1,500 per sq ft. Puts all other grocers to shame.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Tops U.S. Retail Chains in Sales Per Square Foot
- Thread starter MacRumors
- Start date
- Sort by reaction score
On the "who cares about this" part - shopping centres are benchmarked on the basis of sales per sq ft (or year-over-year same store sales). So are retailers. So yes, the entire retail industry and shopping centre industry cares!
That said, not sure how many people on this forum care!! For those who do, here's an interesting link to a recent (??) article on the Wall Street Journal on apple stores: http://online.wsj.com/article/SB10001424052702304563104576364071955678908.html
That said, not sure how many people on this forum care!! For those who do, here's an interesting link to a recent (??) article on the Wall Street Journal on apple stores: http://online.wsj.com/article/SB10001424052702304563104576364071955678908.html
Well, with record profits each quarter, dozens of lawsuits, iPhone at #1 in the world, iPad at #1, glass roof retail stores, Grand Central Station store, dozens of new stores opening monthly, a new Cupertino campus, secret new product line coming out soon, MBA 15", Uncle Steve's biography, Thunderbolt, iPhone on every carrier in the world, Apple most valuable company in the world, etc, etc. What is there to live for now? Maybe Uncle Steve will send out the word to all of the loyal followers like Jim Jones did in Jonestown back in 1978.
So 7 continues the seventh consecutive month of a very sad man's life.
----------
People in a retail business care. Sales Per Square foot is an important metric for any retail operation. No matter how big of a store you have, space is limited and in order to maximize and grow revenue, you have to maximize your ability to increase revenue and sales per square foot.
Making the most of your square footage is a key part of successful retail. Putting higher revenue per square foot items in place of lower ones raises the amount of money you can make.
The question is why do people who know nothing about retail at all act like this information is not useful or important...
For almost all retail operations, especially chains, revenue per square foot is something they keep track of very closely. It is not just some numbered pulled out of the air to make Apple look good.
However you hatred for Apple obviously blinds you. I have to admit I did have you pegged as an hourly retail clerk, but now it seems like you might not have even achieved that level of employment.
Whole Foods kills them.
They earned the nickname "Whole Paycheck" for a reason.
Per square foot? Whole Foods has nothing on Trader Joe's. $1750/sqft, as estimated by Fortune magazine.
good job Apple! they are doing a great job with the retail stores. hopefully more continue to open
Not specifically targeted at you, but why do you guys think they only have a select few stores?
I'm guessing it's to drive in the crowd as "omg an Apple store?!?!" seeing as there are around 3 that I know of in Florida (Jacksonville, 2 in Orlando), and they're always packed, it seems to be the case.
Most of the people in there don't have an Apple product and aren't planning on buying either; it's the fact that they can look and play with them that drives them in.
Just checked and Whole Foods does about $900 per sqft.
They typically have bigger stores than TJ's, so I can see where the per sqft earnings get thrown off.
Trust me, a typical journey to Whole Foods costs a hell of a lot more than a trip to TJ's any day.