As of May 26, 2018, there were 64 company-operated Bassett Home Furnishings stores in 24 states, as well as 31 stores operated by licensees.

In fiscal 2017, the company opened 5 new stores, acquired 1 store from a former licensee, and closed 5 existing stores. During the first half of fiscal 2018, the company opened 4 new stores. The company plans on openings 8 new stores during fiscal 2018, of which 2 will be operated by licensees.

At year-end, 10 stores were owned (including 2 subject to land leases) and 50 were leased. Lease terms range from 1 to 15 years and generally have renewal options of between 5 and 15 years.

Most stores are located in urban, high-traffic locations. Traditionally, stores were between 15,000 and 25,000 square feet. The company has developed several new concepts, averaging 14,000 square feet and 8,000 square feet respectively, and is experimenting with stores as small as 3,000 square feet. Planned systemwide store openings for fiscal 2018, will average 10,800 square feet.

TTM20172016201520142013
Stores646059606055
Store growth3.2%1.7%-1.7%0.0%9.1%3.8%
Total gross square feet (M)1,0551,0109981,0081,008958
Total gross square feet growth2.4%1.2%-1.0%0.0%5.2%2.1%
Avg store gross sq ft16,50016,80016,90016,80016,80017,400
Avg store gross sq ft growth-0.8%-0.5%0.7%0.0%-3.5%-1.6%