As of Oct 28, 2017, the company operated 549 stores in 31 states.
In fiscal 2016, the company opened 18 stores and closed 6 stores. During the first nine months of 2017, the company opened 18 stores and closed 2 stores. In fiscal 2017, the company expects to open 20 new stores, relocate or expand 10 stores and remodel 20 current locations.
All stores are leased, with an initial term of 5 years with options to extend for three additional 5-year periods, and nearly all have the cancellation rights if sales don't meet pre-determined levels.
Stores are typically located in neighborhood strip shopping centers that are convenient to low to moderate income customers and average approximately 11,000 square feet of selling space and 13,400 gross square feet.
|Total gross square feet (M)||7,403||7,148||6,879||6,854||6,660||6,701|
|Total gross square feet growth||3.9%||3.9%||0.4%||2.9%||-0.6%||0.5%|
|Avg store gross sq ft||13,500||13,400||13,200||13,400||13,200||13,100|
|Avg store gross sq ft growth||0.8%||1.6%||-1.6%||1.7%||1.0%||0.1%|