In the first quarter of 2024, the gross payment volume of Square's owner Block had grown by 6.5 percent compared to the same quarter one year before – a decrease in growth. Although the absolute value of payments processed by the company formerly known as Square reached an all-time high in Q1 2024, year-on-year percentage changes kept declining when compared to 2021. This could be attributed to slower growth in cryptocurrency popularity since late 2021, a hallmark of Block's business model. Square: A focus on North America The brand Square is one of several payment gateways that exist within North America. The United States payment gateway market was estimated at 38 billion U.S. dollars in 2023, a higher total than various countries combined. Square is a predominantly focused on North America: Seven out of 10 websites worldwide that use Square as a check-out option in 2023 came from either the United States or Canada. The company Square was acquired by and legally changed into Block in December 2021, although the brand name Square continued to be used. Shortly after, Block announced its takeover of BNPL brand Afterpay — an Australian brand that also was popular in the United States — to further extend its payment ecosystem. Company performance: Achieving the Rule of 40 Block's quarterly GPV reveals the company faced declining growth. The company announced in Q3 2023 it had to refocus operations to achieve the so-called Rule of 40 by 2026. This meant the combined gross profit growth and adjusted operating income margin had to reach or go beyond 40 percent. To reach this, Block announced it would put a cap on new hires, possibly lowering their number of employees before the end of 2024 to increase the company's operating margin. The changes follow after Block recorded several quarters in a row of negative net income.

This statistic shows Square's gross payment volume (GPV) from 2012 to 2020. In the most recent fiscal period, the company's gross payment volume amounted to 112.3 billion U.S. dollars, up from 106.24 billion in 2018.

This statistic shows the distribution of Square's gross payment volume (GPV) as of December 2020, sorted by seller industry. According to company data, retail accounted for 19 percent of the mobile payment provider's GPV. Food and drink-related transactions accounted for 27 percent of GPV.

Block's (formerly Square) quarterly net revenue reached 6.1 billion USD in Q2 2024, as its growth figure declined for the fifth quarter in a row. The declining popularity of cryptocurrency since late 2021 did affect the company, however. The value of payments processed increased during the same quarter, but growth was not as high as before.

Best Buy’s revenue per store and square foot in the United States fluctuated from FY 2018 to FY 2023. The company's FY 2023 revenue per store stood at around 43.76 million U.S. dollars with around 1,144 U.S. dollars in sales per square foot.

Increased revenues from less stores and square footage    

Although Best Buy’s total number of domestic and international stores have been decreasing in recent years, the company's revenue per store has been increasing. In line with fewer stores, Best Buy has also witnessed rising revenues per square foot as their overall square footage continues to decline in both domestic and international outlets.

How well can Best Buy deal with COVID-19 store impacts?   

Best Buy generates the majority of its revenue in the United States from computer, mobile phones, and consumer electronics sales. These three product categories make up almost 80 percent of Best Buy's revenue in the United States. Most consumers in the United States expect their consumption of consumer electronics to remain relatively the same despite the coronavirus outbreak, with only a small amount expecting a decrease in their consumption. Best Buy’s increasing online revenue and online revenue as a share of total revenue in recent years puts the company in the position to compensate less visits to physical stores, and therefore decreasing store sales, through the growth of e-commerce revenue.

The statistics shows the revenue for Madison Square Garden Company from 2017 to 2020. In 2020, Madison Square Garden Company generated a total amount of over 603 million U.S. dollars in annual revenue.

Ten Square Games is one of Poland's leading mobile game companies. The total income from its games amounted to approximately 650 million zloty in 2021, with the highest amount being in North America at 278.41 million zloty.

In the first half of 2024, the annual warehousing leasing transaction volume of Mumbai was 0.42 million square meters, ranked first among all major cities in India. The stock of the Indian warehousing market was at 42.9 million square meters during the same period.

In 2018, all homes in the United States measured 256.71 billion square feet, and the total square footage of homes is set to reach 256.71 billion square feet by 2023.

In 2023, the Home Depot averaged about 605 U.S. dollars worth of sales per square foot. In contrast, Lowe's sales per selling square foot averaged 443 U.S. dollars in that same year. That represented a slight decrease year-on-year for both companies.

The home improvement retail industry in the U.S. The U.S. home improvement industry is comprised of retailers that sell appliances, kitchen fittings, lumber, building materials, plumbing, and other home improvement products. Demand for these products is associated with the demand for housing. Therefore, any changes in sales of new and existing homes significantly impacts the industry’s performance. In 2023, total sales of home improvement retailers in the United States generated nearly 545 billion U.S. dollars.

Main players in the home improvement retail industry The Home Depot and Lowe's are the two main home improvement retailers in the United States, in terms of annual revenues generated. When it comes to customer satisfaction with home improvement store chains, however, Ace Hardware leads the ranking. Both record considerably smaller sales than the industry leaders, which does not seem to negatively affect their customers' satisfaction levels.

Most of the retail real estate stock in the United States in 2023 was general retail space. That includes single-tenant freestanding commercial buildings with parking, such as drugstores, grocery stores, and street front urban retail stores. About 6.5 billion of the total 12 billion square feet of retail space fell in this category. This was also the retail real estate type with the lowest vacancy rate.

The total take-up of office space in Amsterdam, Rotterdam, The Hague and Utrecht (Netherlands) from 2012 to 2019 (in thousand square meters of lettable floor area) varied. In 2019, approximately 366,000 square meters were taken up in Amsterdam. The performance of the European office real estate market is strongly connected to the development of its domestic economies. As the economy of the European Union has shown signs of recovery, more and more companies showed their readiness to pay the right price for a new office building. Indeed, in the first quarter of 2016 approximately 43 percent of the European real estate transaction volume consisted of transactions in office properties, reaching a total transaction volume of approximately 20.6 billion euros.

In 2023, the Indian national capital region of Delhi recorded office space transactions to the value of 10.1 million square feet. This was a significant increase in comparison to the previous year.

Carpets with a total area of 15.3 million square meters were sold in Kazakhstan in 2020, up from 15 million square meters recorded two years ago. Over the observed period, the lowest carpet sales volume in the country was recorded at below 9.3 million square meters in 2016.

In 2023, the top ten industrial big-box leasing markets in the U.S. measured a total of 206.5 million square feet in leasing transactions. Southern NJ/Eastern PA was the biggest market, accounting for approximately 33.4 million square feet of space leased.

The Downtown district had the highest office space inventory in Boston, accounting for more than half of the total office real estate stock in 2024. The total floor area of offices in the Downtown district amounted to approximately 36 million square meters. Black Bay and Seaport ranked second and third, respectively, with 14 and 11 million square feet of office space. Boston is one of the largest and most expensive office markets in the country

In 2023, Lowe's sales per average square foot amounted to roughly 443 U.S. dollars, down from 498 recorded a year earlier. As of that same year, the company operated over 1,700 stores worldwide.

The production volume of flat glass in North America is forecast to amount to a total of 755 million square meters in 2023, up from some 710 square meters in 2018.

The global market value of flat glass is forecast to amount to nearly 203 billion U.S. dollars in 2027.

The volume of new office space supplied in Canada declined in 2023 but was expected to increase in 2024. In 2023, there were about 2.5 million square feet of new supply in the downtown and suburban office real estate markets.

The total amount of forest area in Spain saw no significant changes in 2022 in comparison to the previous year 2021 and remained at around 185,807.5 square kilometers. Nevertheless, 2022 still represents a peak in the total amount in Spain with 185,807.5 square kilometers. Forest area refers to areas with natural or planted tree stands (five meters or more in height), excluding agricultural and urban landscapes.Find more statistics on other topics about Spain with key insights such as share of forest land over the total amount of land.