When the first Apple Store opened 11 years ago, Apple felt that 6,000-square-foot stores were the perfect size. Apple’s fiscal 2011 10-K report showed that the average size of an Apple Store has creeped up to 8,400 square feet per store, but Needham & Company analyst Charlie Wolf says that the retail stores are “bulging at the seams” and just aren’t big enough.
As reported by AppleInsider, Wolf says that the number of visitors per store has grown at a 15.3 percent annual rate. Apple is responding by moving some stores to larger locations. In New York City’s SoHo neighbor…
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Apple retail stores still crowded at 8400 average square feet