This video is part of our "Motley Fool Conversations" series, in which chief technology officer Jeremy Phillips discusses topics across the investing world.
A recent ranking of America's top retail brands had a significant omission. Apple is of course known for its products, but it has put just as much care into designing its retail locations.
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Report this Comment On March 27, 2012, at 8:47 PM, flapjackkittykat wrote:
$5,600/sq. ft. -- Is that per day? Per week? Month? Year?
Are all readers just supposed to automatically know what that means?
Report this Comment On March 28, 2012, at 12:36 AM, Fruitfan wrote:
Flapjackkittykat when speaking of retail space it is always per year. So for an Apple store that is 10,000 sq feet that would = 56 million is sales in a year. That is over a 150,000 per day or a million a week. Apple has a few locations over 23,000 sq ft in size so you can see just how impressive these numbers are
Report this Comment On March 28, 2012, at 12:40 AM, Fruitfan wrote:
Also the video compares Apple stores to Tiffany's and Coach where Apple almost doubles Tiffanys but fails to mention that those retail stores are usually less than a third of the size , so much less sq ft to sell.
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