As of Oct 30, 2016, the company operated 389 total stores, with 279 in the United States, 63 in Canada, 25 in Australia, 5 in New Zealand, 8 in the United Kingdom, 3 in Singapore, 2 in Hong Kong, 1 in Germany, 2in South Korea, and 1 in Switzerland, with 335 stores branded lululemon athletica and 54 stores branded ivivva athletica, as well as 56 showrooms worldwide.
In fiscal 2015, the company opened 61 net new company-operated stores, including 8 new stores outside of North America. During the first nine months of fiscal 2016, the company opened 29 stores and closed 4 stores. In fiscal 2016, the company expects to open up to 11 new stores in Asia and Europe, as well as 12 ivivva stores globally. Long-term, the company has a long-term goal of 350 stores in North America, as well as continued international expansion.
All but 2 stores are leases, and are located primarily on street locations, in lifestyle centers and in malls. Generally, leases are "net" leases with initial terms of 5 to 10 years, and generally can be extended only in five-year increments, if at all.
|Total gross square feet (M)||1,144||1,071||894||740||602||494|
|Total gross square feet growth||10.4%||19.8%||20.8%||22.9%||21.9%||31.4%|
|Avg store gross sq ft||2,900||3,000||3,000||2,900||2,900||2,800|
|Avg store gross sq ft growth||0.5%||-0.3%||1.6%||2.1%||0.5%||0.4%|