As of Dec 31, 2016, the company operated 180 stores located in 32 states, the District of Columbia, Puerto Rico, the Virgin Islands and Canada, including 142 bebe stores and 38 bebe outlet stores, as well as 81 licensed stores in 22 countries internationally.
In fiscal 2016, the company opened 1 and closed 19 bebe stores and opened 5 and closed 2 bebe outlet stores. During the first half of fiscal 2017, the company closed 4 bebe stores and 1 outlet store. In fiscal 2017, the company plans to open no new stores and to close 40 existing stores, resulting in approximately a 20% decrease in total square footage.
All stores are leased, typically for a 10-year term with termination options. bebe stores average 3,800 square feet and are primarily located in regional shopping malls and freestanding street locations, and bebe outlet stores average 4,300 square feet and are located in outlet centers.
|Total gross square feet (M)||707||726||786||820||970||1,008|
|Total gross square feet growth||-7.5%||-7.5%||-4.2%||-15.5%||-3.8%||-0.2%|
|Avg store gross sq ft||3,900||3,900||3,900||4,000||4,000||4,000|
|Avg store gross sq ft growth||0.8%||-0.1%||-1.8%||-1.5%||0.2%||0.6%|