Beyond the crowds that show up for Apple Store events, like iPhones on sale or Friday’s Grand Central Terminal store opening, it’s always amazing the sheer number of employees on hand. Fittingly, Horace Dediu at Asymco has calculated how much each retail employee makes for Apple. Read more »
The Grand Central Apple Store doesn’t officially open until Friday, Dec. 9, but the company detailed what shoppers would find there in an early press release, and gave some New York-based media an early look inside. Here’s a peek behind the curtain. Read more »
According to the New York Post, Apple has one of the lowest rents of all other retailers for its Grand Central Terminal store and will not pay its landlord (the Metropolitan Transportation Authority) any percentage of its sales, a situation being called “unique.” Read more »