As of Jul 29, 2017, the company operated 217 total stores, including 167 Tommy Bahama stores (111 full-price, 17 restaurant-retail and 39 outlet) and 50 Lilly Pulitzer stores.
During fiscal 2016, the company opened 8 new Tommy Bahama stores and 6 net new Lilly Pulitzer, in addition to closing 4 existing Tommy Bahama stores. The company closed 1 net Tommy Bahama store and opened 10 net Lilly Pulitzer stores in the first half of fiscal 2017. In fiscal 2017, the company expects to open 5 Tommy Bahama stores, but to close 5 as well, and to add 6 Lilly Pulitzer stores. Long-term, the company expects to open 7 to 10 domestic Tommy Bahama stores and 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 4,600 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 2,700 square feet.
|Total gross square feet (M)||773||750||711||725||644||548|
|Total gross square feet growth||5.1%||5.5%||4.7%||12.6%||17.6%||13.6%|
|Avg store gross sq ft||3,600||3,600||3,600||3,500||3,600||3,600|
|Avg store gross sq ft growth||-0.8%||0.4%||-2.2%||-1.1%||-1.9%||-3.7%|
Notes:Only includes retail stores; excludes Tommy Bahama restaurants