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Although there are many retail outlets in the United States, not all are minting money.
Let's take a look at some of the most profitable stores in the US.
Source: 24/7 Wall St
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Apple
Sales per sq ft: $6,050
Sales per store: $51.14 million
Number of stores: 372
One-year sales growth: 28.9 per cent
Revenue: $156.5 billion
Overall rank: 1
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Tiffany & Co
Sales per sq ft: $3,017
Sales per store: $13.02 million
Number of stores: 260
One-year sales growth: 9.6 per cent
Revenue: $3.6 billion
Overall rank: 2
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Lululemon Athletica
Sales per sq ft: $1,936
Sales per store: $5.49 million
Number of stores: 189
One-year sales growth: 38.6 per cent
Revenue: $1.0 billion
Overall rank: 3
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Coach
Sales per sq ft: $1,871
Sales per store: $5.19 million
Number of stores: 833
One-year sales growth: 15.9 per cent
Revenue: $4.8 billion
Overall rank: 4
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Michael Kors
Sales per sq ft: $1,431
Sales per store: $3.24 million
Number of stores: 253
One-year sales growth: 77.9 per cent
Revenue: N/A
Overall rank: 5
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Select Comfort
Sales per sq ft: $1,314
Sales per store: $2.00 million
Number of stores: 381
One-year sales growth: 32.6 per cent
Revenue: $743.2 million
Overall rank: 6
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True Religion
Sales per sq ft: $1,227
Sales per store: $2.35 million
Number of stores: 116
One-year sales growth: 21.0 per cent
Revenue: $419.8 million
Overall rank: 7
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Vera Bradley
Sales per sq ft: $1,186
Sales per store: $2.39 million
Number of stores: 70
One-year sales growth: 79.2 per cent
Revenue: $460.8 million
Overall rank: 8
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Birks & Mayors
Sales per sq ft: $1,082
Sales per store: $4.61 million
Number of stores: 57
One-year sales growth: 5.2 per cent
Revenue: $302.3 million
Overall rank: 9