As of Sep 30, 2016, Party City operated 737 stores in 36 states and Canada, and franchisees operated 184 stores.
During fiscal 2015, the company opened 27 new stores, acquired 6 stores and closed 14 stores. In the first nine months of fiscal 2016, the company opened 6 new stores, acquired 20 franchised stores and closed 8 stores. For the full year, the company expects to open approximately 30 new stores and remodel/relocate 50 to 60 stores.
All stores are leased, and are predominantly located in strip centers and are generally co-located with other destination retailers. Party City US stores average approximately 11,000 to 14,000 square feet, and Party City Canada stores average approximately 8,000 to 10,500 square feet. The company also operates 300-400 temporary Halloween stores under the Halloween City and other names, typically open from the day after Labor Day through October of each year, which average approximately 5,000 to 20,000 square feet.
|Total gross square feet (M)||8,423||8,129||7,908||7,704||6,905||6,723|
|Total gross square feet growth||4.8%||2.8%||2.6%||11.6%||2.7%||5.8%|
|Avg store gross sq ft||11,400||11,400||11,400||11,400||11,300||11,000|
|Avg store gross sq ft growth||0.1%||0.1%||-0.0%||1.2%||2.7%||3.0%|
Notes:Excludes ~350-400 temporary Halloween City stores open during September and October of each year, and 208 franchised stores as of the end of 2014