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Mr. Studley's computations include an allowance for high retail rents.
But it does mean that high retail prices don't tell the whole story.
Still, the struggles of neighborhood businesses are underscored by persistently high retail vacancy rates.
At the moment, AT&T has a relatively high dividend and a high retail shareholder base.
And the report inflamed protesters already incensed at high retail gasoline prices.
High retail prices, low-speed connections and online censorship dissuade people from creating and hosting new content.
Similar(7)
Desired items are in stock 96% of the time a stunningly high retailing service level.
The result: the highest retail sales per square foot among U.S. retailers.
HONG KONG — Hong Kong is one of the busiest and most crowded shopping meccas in the world — with sky-high retail rents to match — but that has not stopped retailers from opening yet more stores in the city, which has seven million inhabitants and attracts millions more visiting consumers each year.
"The rise of the euro, sky-high retail prices and the idea of recycling — those are some of the things that drive customers right to our door," said Laura Fluhr, an owner of Michael's, the 54-year-old grande dame of fancy resale stores on the Upper East Side of Manhattan.
Higher retail prices helped net revenue increase 4.4percentto to $37.3 billion, from $35.7 billion.
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