Apple Tops
Sales Per Square Foot Again – Apple
stores show their profitability by once again exceeding other retailers for
sales per square foot of display space. In the latest survey they came in at
$5546 per square foot with Tiffany & Co achieving $2951 per square foot,
and apparel retailer, Lululemon, $1560 per square foot.
Chinese
Buying Preferences – a recent study has listed the most popular Australian
purchases for customers from China. Australian dairy products were seen as
world-class by 58% of Chinese online shoppers.
A fifth or
more believe the same for health supplements and pharmaceutical products (39%),
baby products (31%), skincare products (25%), fresh seafood and meat (24%),
fresh fruit and vegetables (20%) and wine (20%).
Cosmetic and
skincare products were purchased by 31%, followed by healthcare and
pharmaceutical products (25%).
Another
Apparel Brand Bites The Dust In Australia –
Gap is the latest fashion victim in Australian retailing. Oroton, who
are franchise holders in Australia have announced that all Gap clothing stores
will close while they refocus on their handbag and accessory business. There
are four Gap stores in NSW - in the Macquarie Centre in North Ryde and in
Westfield shopping centres in Miranda, Parramatta and in Sydney's CBD - and two in Victoria, at the Melbourne
Central and Chadstone shopping centres.