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Apple doubles Tiffany's in retail sales per square foot

post #1 of 22
Thread Starter 
Apple is once again by far the most valuable retailer based on sales per square foot, more than doubling the sales of Tiffany & Co.

Retail


Apple's retail stores earn $6,050 per square foot, according to the latest data from RetailSails. In comparison, Tiffany & Co. is the second most profitable American retailer per square foot, earning $3,017.

Beyond Apple and Tiffany's, no retailer managed to top $2,000 per square foot, as the No. 3 chain lulu lemon athletic earned $1,936.

Apple also cracked the top 10 retailers with the highest overall sales per store. Apple came in at No. 9, behind wholesale retailers like Costco and Sam's Club, as well as Neiman Marcus and Walmart.

The data from RetailSales comes from an analysis of more than 200 American retailers spanning 15 sectors. Together, they operate more than 200,000 stores and generate more than $1.6 trillion in sales.

Apple has consistently been the top earner among U.S. retailers in sales per square foot. Data released earlier this year showed that Apple Stores earn 17 times more than the national average.
post #2 of 22

"This proves with numbers that Apple products are overpriced. U mad, Appleites?"

 

If this has to keep up, I'll wind up turning into the leader of the Anti-Apple Brigade…lol.gif

Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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Originally posted by Marvin

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post #3 of 22
This proves that their stores are too small. It wouldn't kill Apple to make their stores larger and only make $5000 per square foot.

A non tech's thoughts on Apple stuff 

(She's family so I'm a little biased)

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A non tech's thoughts on Apple stuff 

(She's family so I'm a little biased)

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post #4 of 22
I think we can safely say you are already number 1

Hmm, nice n easy posting on the mobile version with a 5
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post #5 of 22
1) BJ's Wholesale? Is that even legal?

2) The more important news is they broke the top 10 sales per store despite their relatively tiny stores. The electronics section of Costco, Sam's and Walmart are probably bigger than most Apple Stores.

3) I expect Apple to grow in the top 10 rapidly. Partially on a presumption of the iPad mini which generates more revenue for the volume it takes up compared to the 10" iPad.

"The real haunted empire?  It's the New York Times." ~SockRolid

"There is no rule that says the best phones must have the largest screen." ~RoundaboutNow

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"The real haunted empire?  It's the New York Times." ~SockRolid

"There is no rule that says the best phones must have the largest screen." ~RoundaboutNow

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post #6 of 22
Way to go Apple!!! 1smoking.gif
post #7 of 22
Quote:
Originally Posted by charlituna View Post

This proves that their stores are too small. It wouldn't kill Apple to make their stores larger and only make $5000 per square foot.

Their non-flagship stores could stand to be larger than a two-lane bowling alley. The one I visit always feels cramped. They could stand carpeting too.
post #8 of 22
Originally Posted by JeffDM View Post
They could stand carpeting too.

 

Harder to clean, though it would dampen some sound. It's often difficult to talk at all in an Apple Store.

Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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post #9 of 22
Quote:
Originally Posted by JeffDM View Post

Their non-flagship stores could stand to be larger than a two-lane bowling alley. The one I visit always feels cramped. They could stand carpeting too.

They might have to do that in at least one of their Apple Stores...

"The real haunted empire?  It's the New York Times." ~SockRolid

"There is no rule that says the best phones must have the largest screen." ~RoundaboutNow

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"The real haunted empire?  It's the New York Times." ~SockRolid

"There is no rule that says the best phones must have the largest screen." ~RoundaboutNow

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post #10 of 22
Quote:
Originally Posted by Tallest Skil View Post

Harder to clean, though it would dampen some sound. It's often difficult to talk at all in an Apple Store.

The noise was my main concern. Commercial carpet is easy to maintain. Other stores seem to do pretty well with a hard surface for a center aisle, but still have carpeted side areas. I think it would make a huge difference.
Edited by JeffDM - 11/13/12 at 7:16am
post #11 of 22
Originally Posted by JeffDM View Post
The noise was my main concern. Other stores seem to do pretty well with a hard surface for a center aisle, but havel carpeted side areas. I think it would make a huge difference.


Maybe ceilings designed with soundproofing in mind could help that without carpeting entering the equation…

Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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post #12 of 22
Apple should come up with a way of electronically sucking up and squelching ambient noise. Better retail experience.
post #13 of 22
Originally Posted by Flaneur View Post
Apple should come up with a way of electronically sucking up and squelching ambient noise. Better retail experience.

 

New from Apple: Antispeakers. They emit quiet. Turn them up to make things quieter. Available in omnidirectional or carotid (ships in 2-3 weeks).

Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
Reply

Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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post #14 of 22
Quote:
Originally Posted by Tallest Skil View Post


Maybe ceilings designed with soundproofing in mind could help that without carpeting entering the equation…

It would certainly help. I don't think it would be as effective as a lot of the noise seems to be shoes squeaking.
post #15 of 22
Quote:
Originally Posted by Tallest Skil View Post

New from Apple: Antispeakers. They emit quiet. Turn them up to make things quieter. Available in omnidirectional or carotid (ships in 2-3 weeks).

That's it. The Next Big Thing. Surround Quiet. Apple isn't doomed after all. And Steve approved it.
post #16 of 22
Quote:
Originally Posted by JeffDM View Post

It would certainly help. I don't think it would be as effective as a lot of the noise seems to be shoes squeaking.
Absolutely, yes.

A lot of restaurants do this where carpeting the floors is not desirable for obvious reasons.

And for situations where that's not desirable, there's always fabric covered, sound-baffling walls, which make a design statement in of themselves.

However, I've noticed Apple tends to rely on their stores being jam-packed so that the human bodies absorb the sound.
post #17 of 22
Quote:
Originally Posted by Mac_128 View Post

However, I've noticed Apple tends to rely on their stores being jam-packed so that the human bodies absorb the sound.

Doesn't work because each of those bodies generate sound too.
post #18 of 22
Quote:
Originally Posted by SolipsismX View Post


They might have to do that in at least one of their Apple Stores...

 

Almost every large Apple store I've been to has a noise problem.   Combine hard floors with hard tables with hard wall surfaces in a cavernous space and you're going to have lots of noise.    This is another example of Apple emphasizing visual design over practicality.   The smaller mall stores aren't as bad.

 

Sound gets amplified in those circumstances.    I was in the Lincoln Center store one day and thought they had a live band in the lower level.   I ran down there and discovered it was just a very small speaker/amp playing iTunes.    When Siri was first released, it was almost impossible to test it in that store, due to all the noise.  

 

The problem in the Lincoln Center store and others like it is that on the main level, the "ceiling" is the glass roof and the floor and walls are made of stone.    The only thing I can think of that might help a little is putting up sound absorbers on the stone walls and maybe putting up sound baffles around each table.    The SoHo (NYC) store, which was the first Apple store in  New York, is actually much better in this regard as is the Fifth Avenue store - you can hear a conversation there.

post #19 of 22
Quote:
Originally Posted by AppleInsider View Post

Apple is once again by far the most valuable retailer based on sales per square foot, more than doubling the sales of Tiffany & Co.

 

And Apple Stores are probably 10 times louder than Tiffany & Co. stores.

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post #20 of 22
Quote:

Nice article, thanks. I like that site
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post #21 of 22
Quote:
Originally Posted by AppleInsider View Post

In comparison, Tiffany & Co. is the second most profitable American retailer per square foot, earning $3,017.
This report is only about sales totals, not profit.
Edited by Chris_CA - 11/13/12 at 3:54pm
post #22 of 22
Quote:
Originally Posted by Flaneur View Post

Apple should come up with a way of electronically sucking up and squelching ambient noise. Better retail experience.

You can't electronically suck up noise.

You can provide noise cancellation devices, but the problem with those is one of wave length. Let's say that you have a noise in the 1 kHz range. That means that its wavelength is one foot. In order for the noise to be canceled, the speaker must be within a fraction of a wavelength of the sound. So if you have a 1kHz sound coming to your ears and use noise canceling headphones, it works - because the speaker is within inches of the sound coming to your ears.

For a large room, that won't work. People are moving around and are in different locations. Even if you were able to position the speaker so that it canceled the noise for one person, it wouldn't work for someone in a different location. And as soon as the first person moved, it wouldn't work, either. When you add in the range of frequencies, the problem becomes even worse.

Unless they could find some way to make noise cancellation to follow you around (and I can't see any way to do that short of handing out headphones when you walk in the store), it won't work in a large retail environment, so they need to focus on sound absorption.
Quote:
Originally Posted by Tallest Skil View Post


Maybe ceilings designed with soundproofing in mind could help that without carpeting entering the equation…

That's not that hard to do. There are hundreds of things they could do to minimize sound levels. Changing the materials on the walls and ceilings. Changing the materials of the tables. Changing the store design to break up the space. Breaking up the large flat areas. And so on.

The problem is doing that without destroying the aesthetics. It will be interesting to see how they do that.
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Gatorguy 5/31/13
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