PALM BEACH, Florida, July 27, 2017 /PRNewswire/ --

According to research provided by CoStar, sales per square foot at all but a few public retailers have declined to an average of around $325 in recent years, down from nearly $375 in the early 2000s. There's little doubt that the online giant Amazon.com, Inc. (NASDAQ: AMZN) has been disrupting traditional retailers, however, several companies have managed to grow sales despite the declining trend in brick-and-mortar. Other retail companies watching the trends in the rising costs include Generation Next Franchise Brands, Inc. (OTC: VEND) Tiffany & Co. (NYSE: TIF), lululemon Athletica (NASDAQ: LULU), Apple Inc. (NASDAQ: AAPL).

With sales per square foot viewed as a major component of retail success, according to industry data provided by eMarkter, the #1 retailer in sales per square foot is Apple Inc. (NASDAQ: AAPL), which did a staggering $5,546 per square foot. Having launched the first iPhone 10 years ago, it's speculated that this next milestone iteration of the iconic product could produce Apple's strongest sales to date.

Leading food service retail with sales of $3,970 per square foot is the Reis & Irvy's robotic frozen yogurt vending kiosk. Parent company Generation Next Franchise Brands, Inc. (OTCQB: VEND) has pre-sales of approximately $27,000,000 with mass production and a nationwide rollout into movie cinemas, malls, airports, hospitals and tourist attractions across the US scheduled to begin Q4 2017. See recent news for VEND at http://www.marketnewsupdates.com/news/vend.html.

Leading the gasoline retailers with sales of $3,721 per square foot, Murphy USA offers motor fuel products and convenience merchandise. As of January 3, 2017, it operated approximately 1,400 retail stores located primarily in the Southwest, Southeast, and Midwest United States.

Leading the jewelry retail industry with sales of $2,951 per square foot, Tiffany & Co. (NYSE: TIF), through its subsidiaries, designs, manufactures and retails jewelry and other items worldwide. As of January 31, 2016, it operated 125 stores in the Americas, 85 stores in the Asia-Pacific, 55 stores in Japan, 43 stores in Europe, and 5 stores in the United Arab Emirates.

Leading apparel retailers with sales of $1,560 per square foot, was lululemon Athletica (NASDAQ: LULU), together with its subsidiaries, designs, distributes and retails athletic apparel primarily marketed towards women. As of January 29, 2017, it operated 406 company-operated stores under the lululemon and ivivva brands in the United States, Canada, Australia, the United Kingdom, New Zealand, China, Hong Kong, Singapore, South Korea, Germany, Puerto Rico, and Switzerland.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated four thousand four hundred dollars for news coverage of the current press release issued by Generation Next Franchise Brands Inc. by the company.

MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Contact Information:
Media Contact:
E-mail: info@marketnewsupdates.com
Tel. no.: +1(561)325-8757

SOURCE MarketNewsUpdates.com