As of Jul 28, 2018, there were 147 company-operated La-Z-Boy Furniture Galleries stores located in 12 markets ranging from southern California to the Midwest to the East coast of the US, as well as 204 La-Z-Boy Furniture Galleries stores and 538 Comfort Studios locations which are independently owned and operated.
In fiscal 2018, across the La-Z-Boy furniture galleries network systemwide, 10 new stores were opened, 1 store were acquired by the company, and 7 stores were closed. In fiscal 2019, the company expects to open 8 stores, close 3 stores, and complete 12 remodels, systemwide.
The majority of stores are leased and range in size from 15,500 – 20,500 square feet, providing 13,000 – 17,000 square feet of selling space. eMarketer estimates the average store is approximately 18,000 square feet.
|Total gross square feet (M)||2,646||2,628||2,574||2,232||1,980||1,818|
|Total gross square feet growth||1.4%||2.1%||15.3%||12.7%||8.9%||7.4%|
|Avg store gross sq ft||18,000||18,000||18,000||18,000||18,000||18,000|
|Avg store gross sq ft growth||0.0%||0.0%||0.0%||0.0%||0.0%||0.0%|
Notes:Only includes company-operated stores; calculated based on reported square footage range and an eMarketer estimate that the average store is approximately 18,000 gross square feet