As of Jun 30, 2018, the company operated 668 stores globally, including 114 concept stores, 170 factory outlet stores and 175 warehouse outlet stores in the United States, and 127 concept stores, 73 factory outlets and 9 warehouse outlet stores internationally.
In fiscal 2017, the company opened 36 net stores domestically and 39 stores internationally. During the first half of fiscal 2018, the company opened 15 stores and closed 2 stores. For fiscal 2018, the company anticipates 75 to 85 company-owned retail store openings and several store remodels.
All stores are leased. Concept stores are located at marquee street locations, major tourist areas or in key shopping malls in metropolitan cities, range in size from 800 to 7,800 square feet and a typical store is approximately 2,500 square feet. Factory outlet stores are generally located in manufacturers’ direct outlet centers and range in size from 1,300 to 24,100 square feet. Warehouse outlet stores are freestanding and range in size from approximately 4,000 to 30,600 square feet. eMarketer estimates factory outlet stores average approximately 4,000 square feet and warehouse outlet stores average approximately 8,000 square feet.
|Total gross square feet (M)||3,043||2,906||2,503||2,263||1,936||1,583|
|Total gross square feet growth||11.4%||16.1%||11.2%||16.9%||22.3%||11.0%|
|Avg store gross sq ft||4,600||4,500||4,400||4,400||4,300||4,100|
|Avg store gross sq ft growth||2.4%||2.6%||0.8%||1.1%||6.2%||0.8%|
Notes:calculated based on reported square footage range by concept and an eMarketer estimate that concept stores average 2,500 square feet, factory outlet stores average 4,000 square feet and warehouse outlet stores average 8,000 square feet