As of Jul 29, 2017, the company operated 3,077 stores, with 1,195 Victoria’s Secret and PINK stores (1,128 in the US, 46 in Canada, 19 in the UK and 2 in China), 1,698 Bath & Body Works stores (1,596 in the US and 102 in Canada), 125 La Senza stores, 29 Henri Bendel stores and 30 Victoria's Secret Beauty & Accessories stores, as well as nearly 800 franchised stores in more than 80 countries worldwide.

During fiscal 2016, the company opened 72 new stores, acquired 26 stores and closed 26 stores. In the first half of fiscal 2017, the company opened 27 stores and closed 24 stores. The company expects to open approximately 68 new company-owned stores in 2017, primarily in Canada and the US.

All stores are leased and generally have an initial term of 10 years, and expire at various dates between 2016 and 2031.

Stores are located primarily in shopping malls, lifestyle centers and street locations. Selling space represents approximately 80% of overall square footage per store.

Store growth0.8%2.3%1.2%1.6%1.6%-2.2%
Total gross square feet (M)15,67515,49514,87814,41813,96113,561
Total gross square feet growth3.7%4.2%3.2%3.3%2.9%-0.8%
Avg store gross sq ft5,1005,0005,0004,9004,8004,700
Avg store gross sq ft growth2.9%1.8%2.0%1.7%1.3%1.5%