As of Jul 30, 2016, Genesco operated 2,805 total stores, including: 846 Journeys stores, 208 Journeys Kidz stores, 44 Shi by Journeys stores, 96 Underground by Journeys stores, 36 Little Burgandy stores; 104 Johnston & Murphy stores, 70 Johnston & Murphy factory outlets; 905 Lids stores, 220 Lids Locker Room and Clubhouse Stores, 150 Locker Room by Lids leased departments in Macy's; and 126 Schuh stores.
In fiscal 2016, the company opened 81 new stores, acquired 37 stores, and closed 90 existing stores. During the first half of fiscal 2016, the company opened 32 and closed 79 stores. For the full year, the company expects to open 96 new retail stores and to close approximately 119 existing stores, including 40 net new Journeys Group stores, 6 net new Johnston & Murphy stores, 5 net new Schuh Group stores, and 74 net closed Lids Sports Group stores.
All stores are leased. New shopping center store leases in the US and Canada typically are for a term of approximately 10 years. Store leases in the UK and the Republic of Ireland typically have terms of between 10 and 15 years.
Lids store locations average 875 square feet and are primarily in malls, airports, street level stores and factory outlet centers throughout the U.S., Puerto Rico and Canada. Lids Locker Room and Lids Clubhouse stores average 2,825 square feet and are located in malls and other locations primarily in the U.S. Journeys Group stores are primarily in malls and factory outlet centers throughout the U.S., Puerto Rico and Canada: Journeys stores average 2,025 square feet, Journeys Kidz stores average 1,475 square feet, Shi by Journeys stores average 2,125 square feet and Underground by Journeys stores average 1,850 square feet. Johnston & Murphy retail shops average 1,550 square feet and are located primarily in better malls and in airports throughout the U.S., and Johnston & Murphy factory stores, averaging 2,400 square feet, are located in factory outlet malls. Schuh retail stores average 5,025 square feet and include both street-level and mall locations in the U.K and the Republic of Ireland, Schuh Kids stores sell footwear primarily for younger children, ages five to 12, and average 2,675 square feet.
|Total gross square feet (M)||4,749||4,844||4,683||4,360||4,019||3,813|
|Total gross square feet growth||1.6%||3.4%||8.6%||8.5%||5.4%||10.2%|
|Avg store gross sq ft||1,700||1,700||1,700||1,700||1,600||1,600|
|Avg store gross sq ft growth||1.4%||2.4%||-1.3%||3.9%||2.3%||6.6%|