Nov 14 2012

 

 

 

Tiffany-blue-box

The site 24/7 Wall Street has picked the top five most profitable stores in America. In creating the list, they used the following criteria.

In the case of most department stores and discount stores like Wal-Mart Stores Inc. Kmart and Family Dollar Stores Inc., most items cost less than $100, and most stores are very large. The average retail space in some of the least successful stores by sales per square foot is at least 10,000 square feet. This prevents the total profits per square foot from exceeding several hundred dollars, even among the most popular stores.

For the nine most profitable corporate stores, the opposite is true. They sell luxury goods, in apparel, accessories, electronics or jewelry. Their products are often quite expensive, while the stores are generally relatively small. Much of the merchandise companies such as Apple, Tiffany and Coach Inc. sell costs in the hundreds of dollars or more. At the same time, the average store floor space of most of these companies is less than 5,000 square feet. While total sales of the average Kmart store is roughly double what Lululemon Athletica Inc. stores do, the average floor space of a Lululemon is only 1/34th that of a Kmart store.

1. Apple

- Sales per sq. ft.: $6,050
- Sales per store: $51.14 million
- No. of stores: 372
-1-yr. sales growth: 28.9%
- Revenue: $156.5 billion

2. Tiffany & Co.

- Sales per sq. ft.: $3,017
- Sales per store: $13.02 million
- No. of stores: 260
- 1-yr. sales growth: 9.6%
- Revenue: $3.6 billion

3. Lululemon Athletica

- Sales per sq. ft.: $1,936
- Sales per store: $5.49 million
- No. of stores: 189
- 1-yr. sales growth: 38.6%
- Revenue: $1.0 billion

4. Coach

- Sales per sq. ft.: $1,871
- Sales per store: $5.19 million
- No. of stores: 833
- 1-yr. sales growth: 15.9%
- Revenue: $4.8 billion

5. Michael Kors

- Sales per sq. ft.: $1,431
- Sales per store: $3.24 million
- No. of stores: 253
- 1-yr. sales growth: 77.9%
- Revenue: n/a