As of Apr 29, 2017, Tailored Brands operated 1,663 stores comprised of 717 Men's Wearhouse stores, 56 Men’s Wearhouse and Tux stores, 170 Tuxedo Shop @ Macy's, 503 Jos. A. Bank stores and 91 K&G stores in the US and 126 Moores stores in Canada, as well as 14 franchised Jos. A. Bank stores.
In fiscal 2016, the company opened 178 stores (158 shops within Macy's stores) and closed 235 stores. During the first quarter of fiscal 2017, the company opened 1 store and closed 5 stores. For the full fiscal year, the company plans on: opening 2 Men's Wearhouse stores; relocating approximately 15 stores; and closing 3 Men's Wearhouse and Tux stores and 8 Jos. A. Bank 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 1,500 square feet. Jos. A. Bank stores are primarily located in fashion-oriented, specialty retail centers and average 4,700 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 23,200 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)||9,389||9,399||10,018||10,113||7,116||7,108|
|Total gross square feet growth||-5.8%||-6.2%||-0.9%||42.1%||0.1%||1.1%|
|Avg store gross sq ft||6,300||6,300||5,900||5,800||6,300||6,200|
|Avg store gross sq ft growth||7.2%||7.3%||1.7%||-9.1%||1.8%||3.1%|
Notes:Growth reflects acquisition of Jos. A. Banks in June 2014