But with all that floor space, don't you think they are tempted to rent out some of it?
Apparently, the Regent Street Apple Store is the most profitable store in London per square foot by a huge factor. Using that as an example of the larger flagship stores, I'm not sure what they'd gain by renting out space to others.
Neil Saunders, a spokesman for retail analysis agency Verdict, which estimated the figure, said: "To make £60million a year from a shop of Apple's size is absolutely phenomenal. We've known for a while that Apple is far more than just a computing brand, and the latest findings prove it.
"Apple's Regent Street store has extremely strong footfall, since it has become a tourist attraction in its own right, and as it stocks its own products, it controls the price, helping it to boost profit. Shoppers pay a premium for the Apple brand, and there is never discounting, so customers don't waver over buying elsewhere."
Analysts estimate that Harrods is making £751 per square foot, while Topshop in Oxford Circus takes about £1,000 per square foot. Rival electrical retailers average about £722 per square foot.
http://www.thisislondon.co.uk/stand...ost-profitable-shop-in-london-for-its-size.do