As of Dec 31, 2014, the company operated 256 Brookstone stores (including 44 airport-based stores and 3 outlet stores) across 40 states and Puerto Rico.
In fiscal 2013, the company reduced its net store count by 22 stores, and since year-end has closed 17 retail stores and opened 3 airport stores. The company will continue to close unprofitable retail stores, and plans to nearly double its airport stores to 85 by 2016, and sees long-term potential for 200 airport stores across the US.
All stores are leased, all of which are non-cancelable and typically don't contain renewal options. New non-airport retail store leases typically have an initial term of 10 years and airport locations typically have an initial term of 7 years.
Retail stores are located primarily in major shopping malls across the US, as well as in lifestyle centers, and range in size from approximately 2,500 to 3,500 square feet. Airport stores generally range in size from approximately 600 to 2,000 square feet. The company also operates temporary seasonal stores, typically open during the winter holiday selling season, with in-line stores averaging approximately 1,000 square feet and kiosks averaging approximately 180 square feet.
|Total gross square feet (M)||799||799||872||926||969||978|
|Total gross square feet growth||-8.3%||-8.3%||-5.8%||-4.5%||-0.9%||-2.4%|
|Avg store gross sq ft||3,100||3,100||3,100||3,100||3,200||3,200|
|Avg store gross sq ft growth||-0.4%||-0.4%||-0.4%||-0.2%||-0.9%||-0.2%|
Notes:eMarketer is estimating square footage based on reported company figures on store sizes by format