As of May 5, 2018, the company operated 226 total stores, including 167 Tommy Bahama stores (111 full-price, 18 restaurant-retail and 38 outlet) and 59 Lilly Pulitzer stores.
During fiscal 2017, the company opened 4 new Tommy Bahama stores and 17 net new Lilly Pulitzer, in addition to closing 6 existing Tommy Bahama stores. The company opened 1 net Tommy Bahama store and 2 net Lilly Pulitzer stores. In fiscal 2018, the company expects to opportunistically close certain full-price retail and outlet Tommy Bahama locations, and to add 2 Lilly Pulitzer stores. Long-term, the company expects to open Tommy Bahama stores at a lesser pace than the historical growth rate, and to open 4 to 6 Lilly Pulitzer stores annually.
On Jul 20, 2015, Oxford Industries announced the completion of the sale of its Ben Sherman business to Marquee Brands LLC.
All stores are leased. Tommy Bahama full-price stores are located in upscale malls, lifestyle shopping centers, resort destinations and brand appropriate street locations and average approximately 3,400 square feet; outlet stores are generally located in upscale outlet shopping centers and average 4,700 square feet; and restaurants are generally adjacent to a Tommy Bahama full-price retail store, with a combined average of 11,600 square feet, with 4,300 square feet devoted to retail and 7,300 for the restaurant. Lilly Pulitzer stores are located in higher-end malls, lifestyle shopping centers, resort destinations and brand-appropriate street locations, and average about 2,600 square feet.
|Total gross square feet (M)||795||780||750||711||725||644|
|Total gross square feet growth||4.9%||4.6%||5.5%||4.7%||12.6%||17.6%|
|Avg store gross sq ft||3,500||3,500||3,600||3,600||3,500||3,600|
|Avg store gross sq ft growth||-2.6%||-2.4%||0.4%||-2.2%||-1.1%||-1.9%|
Notes:Only includes retail stores; excludes Tommy Bahama restaurants