As of Mar 31, 2017, Party City operated 784 stores in 46 states and Canada, and franchisees operated 146 stores.

During fiscal 2016, the company opened 29 new stores, acquired 19 stores and closed 10 stores, while franchisees closed 16 net stores. In the quarter of fiscal 2017, the company opened 2 new stores, acquired 34 franchised stores and closed 4 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 10,000 to 15,000 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.

TTM20162015201420132012
Stores784750712693675612
Store growth7.3%5.3%2.7%2.7%10.3%0.0%
Total gross square feet (M)8,9778,5718,1297,9087,7046,905
Total gross square feet growth7.4%5.4%2.8%2.6%11.6%2.7%
Avg store gross sq ft11,50011,40011,40011,40011,40011,300
Avg store gross sq ft growth0.2%0.1%0.1%-0.0%1.2%2.7%

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