As of Apr 29, 2017, the company operated 463 stores, including 123 outlet stores, in 39 states.
During fiscal 2016, the company opened 2 New York & Company stores, converted 50 New York & Company stores to outlets and closed 26 stores. In the first quarter of fiscal 2017, the comapny opened 6 stores and closed 9 stores. The company expects to end fiscal 2017 with roughly 440 stores, including 122 outlet stores.
All stores are leased under operating leases, typically with original term of 10 years and some providing renewal options.
Stores are typically concentrated in large population centers and are located in shopping malls, lifestyle centers, outlet centers and off-mall locations, including urban street locations, and average approximately 5,100 selling square feet and 6,400 gross square feet. Going forward, New York & Company stores (new and remodels) will range from 4,000 to 6,000 selling square feet. Outlet stores are approximately 3,000 to 5,000 selling square feet.
|Total gross square feet (M)||2,950||2,996||3,215||3,301||3,448||3,533|
|Total gross square feet growth||-7.6%||-6.8%||-2.6%||-4.3%||-2.4%||-3.6%|
|Avg store gross sq ft||6,400||6,400||6,600||6,600||6,800||6,800|
|Avg store gross sq ft growth||-2.6%||-2.0%||0.2%||-3.7%||-0.1%||-1.2%|