As of Apr 30, 2014 the company operated 1,629 total retail locations including 600 Zales Jewelers stores in 50 states and Puerto Rico, 124 Zales Outlet stores in 35 states and Puerto Rico, 95 Gordon's Jewelers stores in 24 states and Puerto Rico, 145 Peoples Jewellers and 49 Mappins Jewellers stores in Canada, and 616 kiosk locations under the brand names Piercing Pagoda, Plumb Gold, and Silver and Gold Connection in 41 states and Puerto Rico.
In the first nine months of fiscal 2014, the company opened 3 Zales stores and 1 Peoples store, and closed 17 Zales stores, 3 Zales outlets, 24 Gordon's stores, 2 Peoples stores, 6 Mappins stores and 24 kiosks. For the full fiscal year, the company expects net store closures of 70 to 75 retail locations, the majority of which will be concentrated among regional brands and Piercing Pagoda.
All stores locations are leased. Store leases generally range in terms from 5 to 10 years, while kiosk leases generally range from 3 to 5 years. Stores and kiosks are located primarily in shopping malls, while outlet stores are in power strip centers, traditional outlet malls and destination centers. Zales stores average 1,680 square feet, Zales Outlet stores average 2,360 square feet, Gordon's stores average 1,550 square feet, Peoples stores average 1,630 square feet, Mappins stores average 1,560 square feet and kiosks average 190 square feet.
|Total gross square feet (M)||1,883||1,965||2,065||2,131||2,219||2,273|
|Total gross square feet growth||-5.1%||-4.9%||-3.1%||-4.0%||-2.3%||-10.4%|
|Avg store gross sq ft||1,900||1,800||1,800||1,800||1,800||1,800|
|Avg store gross sq ft growth||0.8%||0.5%||0.3%||0.6%||-0.0%||0.4%|
Notes:Only includes retail stores; excludes kiosks