Sentences with phrase «store sales per square foot»

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.

However, despite dedicating less CAPEX to opening Nordstrom Rack stores, Nordstrom Rack store sales per square foot have historically been higher than Nordstrom Full - line sales per square feet.

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.

Its flagship now does more sales per square foot than the average Apple Store, with lines out the door and a very impressive 65 percent conversion rate.

(Fun fact: the brand's flagship boasts more sales per square foot than your average Apple Store.)

The Apple Store is the envy of many in the retail world, with the highest sales per square foot in the industry.

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.

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.

This per - square - foot charge or small percentage of a store's gross sales covers advertising and promotion costs for the shopping area and upkeep of the common areas surrounding the businesses (parking, sidewalk, walkways, sitting areas, patios, restrooms).

A company like Sears would need to close nearly half its stores to restore its sales per square foot to 2006 levels, according to the real estate analytics firm Green Street Advisors.

That's partly because Nordstrom has opened about 60 since 2011, but also because sales average about US$ 550 per square foot compared to about US$ 370 at full - line stores.

The tech giant is paying $ 60 per square foot for the 23,000 - square - foot store, one of its largest, and will make shopping as simple as possible for rushed commuters, allowing them to purchase the company's products without the help of a sales assistant.

The Filing Persons look forward to working with the Issuer on operating initiatives such as increasing sales per square foot to peer levels, improving the Issuer's operating leverage and optimizing the number of new store openings.

A report by Green Street Advisors in 2016 found that average sales for 220 malls with Apple Stores came to $ 710 per square foot, compared with $ 630 per square foot for malls without Apple Stores.

Simon's comparable store sales were up 1.8 percent over 2002 with $ 398 per square foot.

Anchors at the malls range from JCPenney to Sears and Mervyn's and average mall store sales range between $ 290 and $ 331 per square foot for the three malls.

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

For example, a retail store in the center in Greenwich, Conn., should expect to earn $ 600 — $ 800 in sales per square foot, Kaplan says, but the average mall retailer does just under $ 200 a square foot.

General Growth's same store NOI for the first quarter of 2007 was only 0.5 percent compared to 8.5 percent in the first quarter of 2006, due to lease termination fees carried over from last year, but its occupancy rate, at 92.9 percent, was 1.8 percent higher during the same period last year and its sales per square foot increased more than 3 percent since the first quarter of 2006 to $ 458.

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.

Simon Property Group is also doing well, with a 3.7 percent increase in same store NOI and a 5.6 percent increase in sales per square foot to $ 487.

«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.

Its portfolio stands 92.5 percent occupied, it posted $ 437 in sales per square foot and its same - store sales were 3.5 percent higher than last year.

Reis attributes the higher rents and lower vacancies to the country's top - tier malls that attract the most traffic, with stores that rack up the highest sales per square foot.

Apple's retail stores — which recently celebrated their tenth anniversary — have become some of the most successful retail ventures in recent history, bringing in several thousands of dollars in sales per square foot — by far the best record in the industry.

Rolling 12 month comparable sales per square foot for mall stores less than 10,000 square feet in regional malls and all owned gross leasable area in Premium Outlets.

The properties are so - called Class B malls, as opposed to Class A, which differ based on the sales per square foot the specialty store tenants generate.