As of Apr 29, 2017, J.Crew operated 278 J.Crew retail stores, 179 J.Crew factory stores, and 116 Madewell stores throughout the US, Canada, the UK, France, and Hong Kong.
In fiscal 2016, the company opened 34 stores and closed 10 stores. The company closed 2 net stores in the first quarter of 2017. During fiscal 2017, the company expects to open 10 Madewell stores and 2 J.Crew stores, in addition to closing 20 stores.
All stores are leased. Most leases have initial terms of 5 to 10 years, and some have options to renew for 5 years.
J.Crew retail stores are located in upscale regional malls, lifestyle centers and street locations, range in size from 900 square feet to the 21,000 square foot flagship in New York, with an average store size of 6,200 square feet. J.Crew factory stores are located primarily in large outlet malls, range in size from 1,500 to 10,300 square feet and average 5,700 square feet. Madewell stores are located in upscale trade areas that include malls, lifestyle centers and street locations, range in size from 2,500 square feet to 9,600 square feet and average 3,500 square feet.
|Total gross square feet (M)||3,148||3,165||3,057||2,848||2,586||2,331|
|Total gross square feet growth||2.1%||3.5%||7.3%||10.2%||10.9%||9.0%|
|Avg store gross sq ft||5,500||5,500||5,500||5,700||5,700||5,800|
|Avg store gross sq ft growth||-0.7%||-0.8%||-1.8%||-1.4%||-1.4%||-1.6%|