As of Jun 30, 2018, the company operated 303 furniture stores, including 100 franchised stores, across all Canadian provinces and territories.
During fiscal 2017, the company opened 3 new stores and closed 4 stores, systemwide. During the first quarter of fiscal 2018, the company closed 1 franchise store.
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)||8,971||8,961||9,003||8,514||8,600||8,700|
|Total gross square feet growth||0.0%||-0.5%||5.7%||-1.0%||-1.1%||125.3%|
|Avg store gross sq ft||44,000||44,100||43,900||43,000||43,200||41,600|
|Avg store gross sq ft growth||0.0%||0.5%||2.1%||-0.5%||3.8%||-51.5%|
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