As of May 5, 2018, the company operated 3,069 stores, with 1,196 Victoria’s Secret and PINK stores (1,120 in the US, 45 in Canada, 24 in the UK and 7 in China), 1,696 Bath & Body Works stores (1,594 in the US and 102 in Canada), 124 La Senza stores, 24 Henri Bendel stores and 29 Victoria's Secret Beauty & Accessories stores, as well as 830 franchised stores in more than 80 countries worldwide.

During fiscal 2017, the company opened 66 new stores and closed 65 stores. In the first three months of fiscal 2018, the company opened 32 stores and closed 15 stores. The company expects to open approximately 100 new company-owned stores in 2018, 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 2018 and 2032.

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

Store growth-0.4%-0.4%2.3%1.2%1.6%1.6%
Total gross square feet (M)15,80915,80915,49514,87814,41813,961
Total gross square feet growth1.6%1.6%4.2%3.2%3.3%2.9%
Avg store gross sq ft5,2005,2005,0005,0004,9004,800
Avg store gross sq ft growth1.9%1.9%1.8%2.0%1.7%1.3%