As of Oct 28, 2017, Express operated 499 primarily mall-based retail stores and 141 factory outlet stores in 47 states, the District of Columbia, and Puerto Rico, as well as 17 franchised stores in the Middle East, Latin America and South Africa.
In 2016, the company opened 22 new outlet stores, 1 retail store and closed 28 domestic retail stores. During the first nine months of 2017, the company opened 16 outlet stores, converted 21 retail stores to outlet stores, and closed 30 retail stores, including all stores in Canada. In fiscal 2017, the company plans to open 19 outlet stores and to close 30 retail stores, of which 20 will be converted to outlet locations.
All stores are leased, are located primarily in high-traffic shopping malls, lifestyle centers and street locations, and average approximately 8,400 gross square feet. Leases are typically for initial terms of 10 years, with options to renew for additional multi-year periods thereafter, and some have early termination clauses.
|Total gross square feet (M)||5,471||5,662||5,640||5,619||5,498||5,423|
|Total gross square feet growth||-3.0%||0.4%||0.4%||2.2%||1.4%||3.0%|
|Avg store gross sq ft||8,500||8,600||8,400||8,800||8,700||8,700|
|Avg store gross sq ft growth||-1.0%||2.5%||-4.0%||0.8%||0.3%||0.3%|