most successful retail promotions
The average store of the next most successful company in the United States, Tiffany & Co. (TIF), sold less than half that per square foot. In low-end department stores and supermarkets, sales per square foot were in many cases less than $100. Hancock Fabrics, a fabric retailer, brought in just $72 per square foot. Meanwhile, retailers with the most profitable stores brought in more than $1,000 per square foot. These are mostly high-end brands, selling much more expensive products. Based on the RetailSails report, 24/7 Wall St. identified the nine most successful retail stores in America. In the case of most department stores and discount stores like Wal-Mart Stores (WMT), Kmart and Family Dollar Stores (FDO), most items cost less than $100, and most stores are very large.