Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Innovation & Technology

  • Home
  • Innovation & Technology
  • Apple thinks its stores can thrive while other retailers are dying

Apple thinks its stores can thrive while other retailers are dying

  • Categories Innovation & Technology
  • Date May 22, 2017
  • Comments 0 comment

So far, the US retail industry has shed 53,000 jobs—as many as there are in the entire coal industry.

But amidst the carnage, the biggest company in the world is doing just fine.

Apple said its retail stores “experienced strong double-digit growth in visitors and revenue” in the three months to December and is continuing to open new stores. Research firm Consumer Intelligence estimated that two-thirds of Apple’s US retail sales come from its physical locations and a third comes from its online store (paywall). Its minimum lease payments alone are currently at $8.2 billion (pdf, p.20). As of last year, they had greater sales per square foot than any other retailer in the US, including jewelers like Tiffany.

Source: Quartz

  • Share:
gsiino

Previous post

1300 UK jobs created in 3 new Ikea stores
May 22, 2017

Next post

A New Model for Shopping Malls
May 24, 2017

You may also like

Senza-titolo-1
The 10 most innovative companies in retail for 2023
2 March, 2023
IKEA-Meta
Ikea teams with Meta and Warpin Reality to launch AR experience in Swedish stores
23 February, 2023
tatcha
Tatcha launches virtual store to promote body care products
16 February, 2023

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

Celine Shop-In-Shop Opening – Paris
15Mar2023
Private labels: the future of luxury department stores?
06Mar2023
Euroshop 2023! Top 75 Specialists & Key Highlights
04Mar2023
TOTEME Shop-in-shop in Seoul
03Mar2023
Y-3 opens its first ever store Down Under
03Mar2023

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy