As of Apr 30, 2016, Tailored Brands operated 1,748 stores comprised of 716 Men's Wearhouse stores, 153 Men’s Wearhouse and Tux stores, 148 Tuxedo Shop @ Macy's, 615 Jos. A. Bank stores and 89 K&G stores in the US and 125 Moores stores in Canada, as well as 14 franchised Jos. A. Bank stores.
In fiscal 2015, the company opened 42 stores and closed 76 stores. During the first quarter of fiscal 2016, the company opened 140 stores, of which 136 were tuxedo shops within Macy's stores, and closed 18 stores. For the full fiscal year, the company plans on: opening 166 shops within Macy's stores, 15 to 20 Men's Wearhouse stores, 2 Jos. A. Bank stores and 3 Moore stores; and closing 100 to 110 Men's Wearhouse and Tux stores, 130 to 140 Jos. A. Bank stores, and 10 Men's Wearhouse stores.
All stores are leased, with terms generally from 5 to 10 years with renewal options at higher fixed rates.
Men’s Wearhouse stores are primarily located in regional strip and specialty retail shopping centers, range in size from approximately 3,000 to 9,700 square feet and average 5,600 square feet. Men’s Wearhouse and Tux stores are smaller than traditional stores and are located primarily in regional malls and lifestyle centers, ranging in size from 600 to 3,700 square feet and averaging 1,400 square feet. Jos. A. Bank stores are primarily located in fashion-oriented, specialty retail centers and average 4,600 feet. K&G stores are located primarily in second generation strip shopping centers that are easily accessible from major highways and thoroughfares, range in size from 9,600 to 42,000 square feet and average 23,600 square feet. Moores stores are primarily located in regional strip and specialty retail shopping centers in Canada, range in size from 3,600 to 15,100 square feet and average 6,300 square feet.
|Total gross square feet (M)||9,963||10,018||10,113||7,116||7,108||7,030|
|Total gross square feet growth||-1.0%||-0.9%||42.1%||0.1%||1.1%||0.6%|
|Avg store gross sq ft||5,900||5,900||5,800||6,300||6,200||6,000|
|Avg store gross sq ft growth||2.5%||1.7%||-9.1%||1.8%||3.1%||2.9%|
Notes:Growth reflects acquisition of Jos. A. Banks in June 2014