Manhattan’s Fifth Avenue, renowned for its concentration of flagship storefronts and world famous luxury retailers like Tiffany’s and Harry Winston, has a new most popular destination: The Apple Store. The 10,000 square-foot Mac Mecca at the corner of 59th Street and Fifth Avenue in Midtown is pulling in an estimated $350 million annually (the company does not release individual store numbers). Based on that figure, the store is pulling in $35,000 per square foot annually, equivalent to selling a brand new Mercedes-Benz C300 per square foot, Bloomberg points out. Those figures make Apple the highest grossing retailer on Fifth Avenue.
— Apple Store Is Highest Grossing Retailer on Fifth Avenue | Culture Buffet | Fast Company
