As of Oct 29, 2016, the company operated 106 everyday value price department stores under the trade name "Gordmans" located in 22 states.
During fiscal 2015, the company opened 6 new stores and closed 1 existing store. During the first nine months of fiscal 2016, the company opened 5 stores and closed 1 store. In fiscal 2016, the company plans to open 5 new stores and close 1 existing store.
All stores are leased, and typically have base terms of 10 years with one or more renewal options, usually for 5 years.
Stores are situated in a wide variety of shopping center developments including enclosed regional shopping malls, lifestyle centers, power centers and redeveloped big boxes formerly occupied by other retailers, and average approximately 56,000 square feet per store. New stores are being opened under a 45,000 to 50,000 square foot prototype.
|Total gross square feet (M)||5,858||5,658||5,408||5,227||4,727||4,269|
|Total gross square feet growth||3.5%||4.6%||3.5%||10.6%||10.7%||7.6%|
|Avg store gross sq ft||55,300||55,500||55,800||56,200||56,900||57,700|
|Avg store gross sq ft growth||-0.4%||-0.5%||-0.8%||-1.3%||-1.3%||-1.1%|