As of Mar 31, 2017, the company operated 303 furniture stores, including 99 franchised stores, across all Canadian provinces and territories.
During fiscal 2016, the company opened 7 new stores and closed 3 stores, systemwide. During the first quarter of fiscal 2017, the company closed 2 stores.
The lease terms on the stores and distribution centers range from 6 to 40 years and include those extension options management considers likely to be exercised.
|Total gross square feet (M)||9,414||9,424||8,823||8,833||8,700||3,861|
|Total gross square feet growth||6.9%||6.8%||-0.1%||1.5%||125.3%||2.3%|
|Avg store gross sq ft||46,100||46,000||44,600||44,400||41,600||85,800|
|Avg store gross sq ft growth||2.7%||3.2%||0.4%||6.6%||-51.5%||-2.2%|
Notes:Total store count includes company-operated and franchised stores; total square feet and average store size only reflects compan-operated stores; includes the results of The Brick since March 2013