The Bankwatch

Tracking the consumer evolution of financial services

Apple stores get the last laugh – (37signals)

Sales per square foot in Manhattan.   Apple blows the doors off traditional retailing.

Saks, whose flagship is down the street, generates sales of $362 per square foot a year. Best Buy (Charts) stores turn $930 – tops for electronics retailers – while Tiffany & Co. (Charts) takes in $2,666. Audrey Hepburn liked Tiffany’s for breakfast. But at $4,032, Apple is eating everyone’s lunch.

Source: Apple stores get the last laugh – (37signals)

 

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Written by Colin Henderson

March 8, 2007 at 19:55

Posted in Profitability

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