GREY:DLTNF - Post by User
Post by
gnote1on Nov 04, 2020 8:38am
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Post# 31835006
Revenues per Sq ft.
Revenues per Sq ft.$2000. per sq ft is just an interesting metric thats all, especially when Delta 9 has plans to open up 12 new stores in the next 24 months according to their presentation. If this metric holds then what will their revenues be in 24 months? If they continue to reduce the cost of a gram of cannabis what will their revenues be?
From Investopedia
The keytake aways are relevant. What Is Sales per Square Foot?
The dollar value of sales per square foot has, for many years, been a measure of success in the brick-and-mortar retailing industry. It is simply the average revenue earned for every square foot of sales space.
In the age of "omnichannel" marketing, this number may be less relevant, at least for large retail companies. However, it still can be a critical measure of success to an independent local business.
KEY TAKEAWAYS
- Sales per square foot is a key measure of success in brick-and-mortar retailing.
- Managers and analysts consider a higher number to be proof of greater efficiency.
- The measure is becoming less relevant in today's omnichannel marketing environment.