View source for Sales per unit area

In retail, '''sales per unit area''' is a standard and usually the primary measurement of store success. The unit of area is usually square metres in the [[metric system]] or square feet in [[U.S. customary units]]. Square feet are also widely used in retailing in the [[United Kingdom]], but there are signs of a trend towards use of square meters.

==Sales levels in the United States==
As of 2005 annual store sales in the range of $300 per square foot ($3,000/m<sup>2</sup>) is considered a respectable result in the United States as the national average for regional malls is $341 per [[square foot]],<ref name=icsc>[http://www.icsc.org/srch/sct/sct0605/index.php?region= Shopping Centers Today<!-- Bot generated title -->] {{webarchive|url=https://web.archive.org/web/20060827085334/http://www.icsc.org/srch/sct/sct0605/index.php?region= |date=2006-08-27 }}</ref> but the target number depends on the location, the type of store and other factors. For example, the [[Forum Shops|Forum Shops at Caesars Palace]] in [[Las Vegas Strip|Las Vegas]] sets a precedent for Las Vegas stores. The location has the second highest sales per square foot of any mall in the nation at approximately $1,300 per square foot (Bal Harbour Shops is first with over $2,500 per square foot).<ref name=icsc/> The average for specialty apparel retailers, for instance, is $400 per square foot ($4,400/m<sup>2</sup>), and according to Baseline Magazine the retailer [[Hot Topic]] achieves an annual $619 per square foot ($6,660/m<sup>2</sup>).

According to industry research firm RetailSails, Apple has the highest sales per square foot, with average in all their stores of $6,050 per square foot annually.<ref>{{cite web |url=http://tech.fortune.cnn.com/2012/11/13/apple-stores-tops-tiffanys-in-sales-per-square-foot-again/ |title=Apple Stores top Tiffany's in sales per square foot, again - Apple 2.0 - Fortune Tech |access-date=2012-11-16 |url-status=dead |archive-url=https://web.archive.org/web/20121116020021/http://tech.fortune.cnn.com/2012/11/13/apple-stores-tops-tiffanys-in-sales-per-square-foot-again/ |archive-date=2012-11-16 }}</ref>

Among [[shopping mall]] retailers the food court area, considered as a single store, and jewelers post the highest sales per unit area, in the range of $600 per square foot ($6,600/m<sup>2</sup>).  Books and sporting goods are among the lowest.

==References==
{{Reflist}}

[[Category:Retail analytics]]
[[Category:Area-specific quantities]]