As of Nov 1, 2014 the company operated 528 total stores in 47 states and Puerto Rico.
In fiscal 2013, the company opened 26 and closed 19 Wet Seal stores, and closed 5 Arden B stores. During the first three quarters of fiscal 2014, the company opened 9 Wet Seal stores, converted 49 Arden B stores into Wet Seal, and closed 5 Wet Seal and all the remaining Arden B stores.
In early January 2015, the company announced it would close 338 stores immediately, expecting to continue operating 173 stores in 42 states and Puerto Rico.
All stores are leased, typically with initial terms of 10 years, and generally provide for a fixed minimum rental, charges for common area maintenance, real estate taxes and other mall operating costs, and, on occasion, additional rental based on a percentage of sales once a minimum sales level has been reached.
Stores are primarily located in regional malls, but the company has opened a small number of stores in regional 'power' centers. Stores average approximately 4,000 square feet.
|Total gross square feet (M)||2,057||2,066||2,063||2,153||2,043||1,918|
|Total gross square feet growth||-0.4%||0.1%||-4.2%||5.4%||6.5%||2.1%|
|Avg store gross sq ft||3,900||3,900||3,900||3,900||3,800||3,800|
|Avg store gross sq ft growth||-2.5%||-0.3%||0.9%||0.7%||0.7%||0.5%|