The secret to retail store profitability profit per square feet margin vs rent could the new york boutique have generated higher sales with a larger footprint probably. Apple has the most successful retail stores by a wide marginaccording to retailsails a retail and consumer goods consulting firm the tech giants 372 worldwide locations sold goods at a rate of . In our study of 13000 retailers we found that the average gross profit margin in retail is 5096 comparing the data across regions we didnt find a lot of variances in profit margins though the uk leads slightly at 5312. High profit margins mean sales can be lower and still make the same amount of money in our example we are comparing similar ticket averages just higher margins example hudson retail store sells sweaters for 50 each it costs hudson 10 to buy the sweater and it also pays an additional 5 for shipping. Many retailers who rely on high margin inventory find greater success and stronger sales when sourcing products for their stores to help understand how this works and more specifically how this could work for your business consider the three reasons below
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