Sentences with phrase «sale per square foot»

The result: Retailers can generate more sales per square foot in less space causing store formats to shrink.

And the company has the highest sales per square foot of any apparel retailer in the country and one of the highest profit margins in the industry.

And it did have the highest sales per square foot.

Just building a retail center, without other uses, has limited potential for profits and limited sales per square foot at a time when property prices are sky - high.

Financial summary: In 2000, sales were $ 18 million and average weekly sales per square foot were $ 16.

The ultimate aim is to get more sales per square foot.

Experts guessed the high - quality portfolio, with annual sales per square foot averaging $ 375, would fetch a sub-6 percent cap rate.

Recently reporting that sales per square foot increased 5.3 % to a record $ 376, Pennsylvania Real Estate Investment Trust (NYSE: PEI) could be a good starting pick.

In addition to running a website and app, Frank + Oak operates 16 bricks - and - mortar stores with in - store barbershops and cafés — brand outposts less concerned with sales per square foot than hosting whisky tastings and promoting the Frank + Oak aesthetic.

Too much excess retail space has led to a drop in retail sales per square foot in the US.

But today, the 28,000 - square - foot flagship store on Fifth Avenue in New York is recording average sales per square foot of $ 1,429 per year.

Spend more CAPEX on Rack than Full - line because Rack sales per square feet have historically being greater than Full - line historical sales data.

Today, Liquor Store is one of J.Crew's most successful stores by sales per square foot, and the company has opened a dozen standalone men's shops.

With North American department - store sales per square foot dropping to $ 165 last year, from $ 200 in 2006, it's become more clear that the U.S. and Canada would be better off with 800 fewer department stores, according to research from Green Street Advisors.

Wilson is planning a 140,000 - square - foot, open - air fringe for the Mall of Louisiana to accommodate tenants that couldn't get into the mall, which boasts sales per square foot in the $ 435 to $ 440 range.

What's more, according to Blumenthal, the 600 square foot showroom boasts sales per square foot on par with Tiffany's.

Traditional mall sales per square foot were $ 480 per square foot, according to the International Council of Shopping Centers.

Honolulu's Ala Moana mall is already known as one of the most profitable shopping centers in the United States, with annual sales per square foot exceeding $ 1,000.

Most of the regional mall REITs reported increases in tenant sales per square foot in the third quarter compared to a year ago, ranging from 2.6 percent all the way to 13.2 percent (for Taubman).

In 2014, Simon spun off most of its so - called B - and C - malls — those with lower sales per square foot — into a new REIT, called Washington Prime Group.

The companies or public institutions that can add to the diversification of a shopping experience measure success differently than retailers, where results are computed simply as sales per square foot.

The malls currently generate sales per square foot of $ 370, higher than the $ 330 - per - square foot average in Mills» portfolio.

In most cases, it will be the Walgreens location simply because Walgreens sales per square foot are typically higher.»

Stabilized mall same - center sales per square foot for the 12 months ended Sep. 30 fell 1.8 % to $ 373.

That's why so much of the floorplan, labor and customer interaction tended to be centered around the cash register and metrics like sales per square foot and average transaction size were used to measure success.

Of the 22 retail REITs Moody's rates, only two, CBL & Associates Properties, Inc. (CBL, Baa3 negative) and Washington Prime Group Inc. (WPG, Baa3 negative), have concentration in malls with average sales per square foot below $ 400.

The company's ability to continue to drive higher sales per square foot through its unique merchandising, new promotions like the rewards card, and the introduction of impulse items combined with an improving housing market should drive outperformance versus other retailers.

Sales per square foot rose to $ 143 in 2003 from $ 128 in 2000, a noteworthy gain for a mid-price department store.

Weatherproofing the outdoors is a tough, but necessary, assignment because lifestyle centers, which ICSC says average $ 400 sales in sales per square foot versus $ 330 for regional malls, are here to stay.

Its $ 900 - plus in sales per square foot figures are second only to the $ 1,400 that Simon is pulling down a few doors away at the Forum Shops at Caesars Palace.

These A-class malls report sales per square foot in the $ 384 - $ 473 range.

At National, lease rates average a fairly standard $ 120 per sq. ft. Sales per square foot can run as high as $ 900 for large stores — higher than a mall average — but gross volumes in the smaller airport stores tend to mirror mall store performances.

NOI from Chicago - based General Growth's consolidated properties grew 3.3 percent during the quarter and sales per square foot climbed 2.2 percent, to $ 458 from $ 448 in the same period last year.

He simply reminds skeptics that 25 million people pass through the Water Tower, which generates $ 700 of retail sales per square foot, every year.

In the last 3 years, Nordstrom Rack sales per square feet have been 48.5 % higher than Nordstrom Full - line stores.

According to a January tally by Green Street Advisors, only 40 % of Macy's stores are in «strong» malls as measured by sales per square foot; the other 60 % are in the sorts of uninviting shopping centers where foot traffic is dwindling and department stores can feel especially vacant and gloomy.

Barry Nabatian, a retail analyst and director at Shore - Tanner & Associates, says the Rideau Centre is prime real estate, generating $ 1,000 in annual sales per square foot.

«I view the trend as moving to all leased real estate instead of owned, as it has been proven that retailers see a 25 % to 30 % increase in revenue and generating more sales per square foot in freestanding stores as opposed to in - line.

Annual sales at the three - level, 1.4 million - square - foot mall approach $ 600 million; sales per square foot exceed $ 620; and trade - area household income averages a jaw - dropping $ 115,000.

The Class A retail real estate market has also improved since last year as evidenced by higher tenant sales per square foot, the increased availability of lower - cost debt, and lower cap rates for Class A mall properties.

Last year, average sales per square foot at outlet malls was $ 532.

The result is a column that generates sales per square foot,» he says.

Post seemingly constant annual revenue growth of 50 % or more, manage the same feat with your gross margins, enjoy the fourth - highest sales per square foot of all retailers in the U.S. (behind Apple, Tiffany and Coach), exceed your own earnings estimates on a regular basis, and sooner or later someone will attempt to compete with you.

Retail REITs that own and operate malls with low average sales per square foot, below $ 400, are experiencing the most pronounced credit risk.

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.