As of Jun 30, 2018, Lumber Liquidators operated 398 stores in 46 states and 8 stores in Ontario, Canada.
In fiscal 2017, the company opened 10 new stores. The company expects to open 20 to 25 stores in fiscal 2018.
All stores are leased under operating leases, and generally have five-year base periods with one or more five-year renewal periods.
Stores are free-standing, in strip centers or small shopping centers in locations accessible from major roadways and have significant visibility to passing traffic. The company looks for new store locations that are approximately 6,500 to 7,500 square feet, with approximately 1,700 square feet dedicated to the showroom selling area, larger than previous prototypes which utilized 1,000 to 1,200 square feet of showroom space.
|Total gross square feet (M)||2,666||2,575||2,505||2,442||2,288||2,067|
|Total gross square feet growth||5.8%||2.8%||2.6%||6.7%||10.7%||10.4%|
|Avg store gross sq ft||6,600||6,600||6,500||6,500||6,500||6,500|
|Avg store gross sq ft growth||0.4%||0.2%||0.2%||0.5%||0.0%||0.0%|