
According to Bloomberg, the Apple store on Fifth Ave in New York City generates about $35,000 of sales per square foot annually. This bests anyone else on the fabled shopping street including second place Tiffany & Co. who comes in at $18,000 per ft2.
Bloomberg attributes this to gadgetmaniacs who would rather ‘skimp on housing’. It helps that the store never closes.
Apple May Be Highest Grossing Fifth Avenue Retailer – Bloomberg, August 24 2009
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{ 2 comments… read them below or add one }
the apple store has almost twice the sales of tiffany’s? they should make a sequel to that old movie and call it “breakfast at the apple store.”
They should have called this the Big Apple Store! Or, since it never closes, maybe the Apple Store that Never Sleeps.