As of Jan 28, 2017, the company operated 634 bookstores under the Barnes & Noble Booksellers trade name in all 50 states and the District of Columbia.
In fiscal 2016, the company closed 8 Barnes & Noble stores. During the first nine months of fiscal 2017, the company closed 6 Barnes & Noble stores. In fiscal 2017, the company expects to open 4 new concept stores and close 12 stores. In fiscal 2015, the company spun off its B&N College segment consisting of 736 primarily school-owned bookstores.
All but one of the company's stores are leased. Leases for Barnes & Noble stores typically provide for an initial term of 10 or 15 years with one or more renewal options, and 372 leases are up for renewal by April 30, 2019.
Most Barnes & Noble stores are located in high-visibility areas adjacent to main traffic corridors in strip shopping centers, freestanding buildings and regional shopping malls, ranging in size from 3,000 to 60,000 square feet depending upon market size, with an overall average store size of 26,000 square feet.
|Total gross square feet (M)||16,800||16,900||17,100||17,400||17,700||18,000|
|Total gross square feet growth||-0.6%||-1.2%||-1.7%||-1.7%||-1.7%||-2.2%|
|Avg store gross sq ft||26,500||26,400||26,400||26,300||26,200||26,000|
|Avg store gross sq ft growth||0.3%||0.1%||0.2%||0.4%||0.7%||-0.2%|
Notes:Only includes Barnes & Noble stores; excludes college bookstores