Not exact matches
Comparable store
sales rose 16 %, and, on a
sales -
per -
square -
foot basis, Lululemon is still the top - performing apparel retailer in North America.
Sales spiked by 54.5 % in 2017 while price
per square foot rose by 13.6 %.
Sales per square foot for the REIT's mall division rose 4.5 percent to $ 489, and sales per square foot for its outlet division jumped 8.6 percent, to $
Sales per square foot for the REIT's mall division
rose 4.5 percent to $ 489, and
sales per square foot for its outlet division jumped 8.6 percent, to $
sales per square foot for its outlet division jumped 8.6 percent, to $ 492.
The average
sales price
per square foot increased from $ 206 to $ 218
per SF over the quarter and
rose significantly over the year from $ 126
per SF in Q1 2017.
The company is coming off a banner 2014: funds from operations (FFO), a key metric in real estate,
rose to a record $ 8.90
per share, while retailer
sales per square foot in the last 12 months reached $ 619
per square foot, their highest ever.
Nationally, regional malls» annual
sales per square foot have
risen from a recession - fueled dip to an all - time high, according to figures from the International Council of Shopping Centers, a trade group.