As of Oct 31, 2015, Hancock Fabrics operated 260 stores in 37 states.

In fiscal 2014, the company opened 7 stores, closed 6 stores, remodeled 6 stores and relocated 6 stores. During the first nine months of fiscal 2015, the company opened 3 new stores, relocated 2 stores and closed 6 stores.

The company owns one location and the remainder of the stores are leased. Original lease terms are generally of 10 years in length, and most leases contain one or more renewal options, usually of 5 years in length. During fiscal 2015, 22 store leases are scheduled to expire.

Stores are located principally in strip shopping centers, and average approximately 11,700 selling square feet and 14,600 gross square feet.

TTM20142013201220112010
Stores260263262261263265
Store growth-0.8%0.4%0.4%-0.8%-0.8%0.0%
Total gross square feet (M)3,5183,5803,6673,7233,7513,792
Total gross square feet growth-1.8%-2.4%-1.5%-0.7%-1.1%0.3%
Avg store gross sq ft13,50013,60014,00014,30014,30014,300
Avg store gross sq ft growth-1.1%-2.7%-1.9%0.0%-0.3%0.3%