As of May 5, 2018, the company operated 647 stores in 45 states and Puerto Rico under the names 'Burlington Coat Factory Warehouse', 'Cohoes Fashions', 'MJM Designer Shoes' and 'Super Baby Depot'.
In fiscal 2017, the company opened 43 stores and closed 6 stores. During the first quarter of fiscal 2018, the company opened 19 new stores, relocated 5 stores and closed 1 store. The company plans to open 35 to 40 net new stores during fiscal 2018, and a minimum of 30 net new stores annually thereafter. Long term, the company believes there is the potential for 1,000 stores.
As of year-end, the company owned the land and/or buildings for 38 stores and leased 590 stores. New stores generally have initial lease terms of 10 to 15 years, the majority of which are subject to renewal for several additional five-year periods.
Most stores are located in malls, strip shopping centers, regional power centers or are freestanding. Burlington Coat Factory Warehouse stores average approximately 74,000 square feet, although store openings in 2018 will average 43,000 square feet.
|Total gross square feet (M)||47,312||46,394||44,711||43,439||42,062||40,832|
|Total gross square feet growth||5.4%||3.8%||2.9%||3.3%||3.0%||3.2%|
|Avg store gross sq ft||73,200||73,900||75,700||76,600||77,600||78,400|
|Avg store gross sq ft growth||-2.9%||-2.3%||-1.3%||-1.3%||-1.0%||-1.0%|