As of Sep 30, 2017, the company operated 222 stores in 31 states.
In fiscal 2017, the company opened 12 new stores and closed 1 store. During the first half of fiscal 2018, the company opened 3 net new stores. The company expects to open 12 new stores in fiscal 2018, and grow its store base by at least 10% annually for the next several years, and sees the potential of at least 500 domestic locations.
All stores are leased, generally for base terms of 5 or 10 years with multiple renewal periods of 5 years on average.
Stores are typically freestanding or located in or near power and large neighborhood shopping centers with trade areas of five or more miles, as well as malls and outlet centers, range 8,000 to 12,000 square feet, and average approximately 11,400 square feet.
|Total gross square feet (M)||2,535||2,508||2,389||1,816||1,642||1,082|
|Total gross square feet growth||4.5%||4.1%||31.6%||10.6%||51.8%||32.9%|
|Avg store gross sq ft||11,400||11,400||11,500||10,700||10,800||9,200|
|Avg store gross sq ft growth||-0.2%||-0.6%||6.9%||-0.5%||16.8%||-2.3%|