Figuring Foot By Foot

March 2006
Home Textiles Today;3/6/2006, Vol. 27 Issue 22, p22
Trade Publication
The article focuses on the steps to increase productivity and profit taken by retail companies in the U.S. JCPenney CEO Mike Ullman referred to the measure in terms of the growing roster of off-the-mall stores pointing out that these stores were registering sales per square foot of 250 dollars. A recent report on Linens 'n Things Inc. cited a figure of 155 dollars per square foot. Retail management are increasingly looking to such measures as a key barometer in terms of space allocation within a store.


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