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The most profitable retailers in sales per square foot are….

BY Marianne Wilson

Sales per square foot are declining across the board. But some retailers continue to pull in hefty revenue.

The No. 1 retailer in terms of sales per square foot is Apple Inc., which does a staggering $5,546 per square foot, according to research provided by CoStar.

Apple is followed by Murphy USA, which leads the gasoline and convenience store retail industry with sales of $3,721 per square foot. Next up is Tiffany & Co., which leads the jewelry sector with sales of $2,951 per square foot. The top apparel retailer is Lululemon Athletica, with sales of $1,560 per square foot.

These top performers far outdistance the rest of the industry. According to CoStar, sales per square foot have declined to an average of around $325 in recent years, down from nearly $375 in the early 2000s.

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